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Investor profile

Kunal Shah

Angel · Bengaluru, India

170 portfolio companies Angel · $1.1B invested · 176 investments · Investor rank #2,809 · Last investment 7/2026
Portfolio companies 170 ↑ 215% 5y
Decacorns 0
Thoroughbreds 3
01 · Biggest holdings

Kunal Shah’s biggest current holdings.

The most valuable companies Kunal Shah still holds — unicorns and thoroughbreds it has backed, ordered by Dealroom’s latest valuation. Companies that have been acquired or gone public are in Exits instead.

#CompanyEst. stakeValuationEst. value
  1. 1 ZetwerkUnicorn · Robotics · India $4.0B
  2. 2 RapidoUnicorn · Transportation · India $3.0B
  3. 3 YubiFintech · India $185M

Estimated value = Kunal Shah’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. See the underlying cap tables on Dealroom →

02 · Portfolio analysis

Where Kunal Shah’s portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 170 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. India153
  2. USA10
  3. Singapore2
  4. UK2
  5. Bangladesh1
  6. Norway1
  7. Philippines1
  8. Türkiye1
By sectorCount
  1. Fintech61
  2. Education12
  3. Enterprise Software12
  4. Health12
  5. Marketing12
  6. Food8
  7. Media8
  8. Gaming7
  9. Jobs Recruitment7
  10. Real Estate7
  11. Transportation7
  12. Travel7
By stage enteredCount
  1. Seed136
  2. Series A28
  3. Series B+6
By growth stageCount
  1. Early Growth85
  2. Breakout Stage66
  3. Late Growth20
03 · Portfolio market map

Inside Kunal Shah’s portfolio.

The 60 highest-funded portfolio companies, of 170 tracked.

Zetwerk
Robotics · Unicorn
$4.0B
Rapido
Transportation · Unicorn
$3.0B
Digit Insurance
Fintech · Unicorn
$3.6B
Yubi
Fintech
$185M
hike
Media · Unicorn
$1.4B
Axio
Fintech
$200M
Even
Health
$300M
Zolve
Fintech
$204M
Equal AI | Your AI Call Assistant
Telecom
$120M
Dezerv
Fintech
$158M
SiPay
Fintech
$877M
FirstClub
Food
$255M
Credgenics
Fintech
$340M
StockGro
Fintech
$160M
Yonder
Travel
$132M
Onsurity Technologies
Health
$120M
Jar.xyz
Fintech
$300M
Supertails
Health
$130M
Leverage Edu
Education
$150M
Parkplus
Transportation
$160M
Wint Wealth
Fintech
$111M
Niro
Fintech
$80M
Bhanzu
Education
$105M
Yupp
Media
$132M
GrayQuest
Fintech
$37M
Landeed
Fintech
$42M
indiagold
Fintech
$60M
Mojocare
Health
$82M
Mudrex
Fintech
$52M
Rigi
Media
$49M
Masai School
Education
$50M
Siply
Fintech
$76M
eekifoods
Food
$28M
PayGlocal Technologies
Fintech
$120M
ZILO
Fashion
$61M
BeepKart
Transportation
$46M
LightFury Games
Gaming
$44M
Elivaas
Travel
$42M
Vaaree
Home Living
$27M
FrontRow
Education
$56M
Innovist
Wellness Beauty
$35M
Lysto
Gaming
$48M
Freshbus
Travel
$42M
Blox
India
$48M
Flash
India
$27M
Gullak
Fintech
$30M
GroMo
Fintech
$44M
AdmitKard
Education
$30M
LenDenClub
Fintech
$51M
VRO Hospitality
Food
$40M
Pazcare
Fintech
$32M
EduFund
Fintech
$24M
DPDzero
Fintech
$28M
Junio
Fintech
$24M
Hyperface
Fintech
$36M
Equal Identity
Security
$40M
Evenflow Brands
Marketing
$20M
Outplay
Marketing
$29M
Blitz
Transportation
$24M
Punch
Fintech
$28M
04 · Portfolio founders

Where Kunal Shah’s portfolio founders come from.

186 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. India150
  2. United States15
  3. United Kingdom7
  4. Bangladesh3
  5. Philippines3
  6. Singapore3
  7. France2
  8. Thailand1
  9. Türkiye1
UniversityCount
  1. Birla Institute of Technology and Science, Pilani8
  2. Indian Institute of Technology Bombay7
  3. Indian Institute of Technology, Delhi7
  4. Indian School of Business5
  5. University of Mumbai5
  6. Indian Institute of Management Bangalore4
  7. Indian Institute of Technology Kanpur4
  8. Christ University, Bangalore3
  9. Indian Institute of Technology, Roorkee3
  10. Institute of Management Technology,Ghaziabad3
Previous companyCount
  1. Paytm6
  2. Amazon5
  3. Deutsche Bank5
  4. Flipkart5
  5. ITC5
  6. Snapdeal5
  7. Alphabet | Google4
  8. Boston Consulting Group4
  9. Expert Sistemas Computacionales4
  10. Infosys4