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Home - News & Updates - NewTap Finance: Kunal Shah’s Fintech Startup Earns INR 5.6 Cr Profit in First Year
News & Updates

NewTap Finance: Kunal Shah’s Fintech Startup Earns INR 5.6 Cr Profit in First Year

StartUp Insider DeskBy StartUp Insider Desk28/06/2023No Comments2 Mins Read
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NewTap Finance: Kunal Shah's Fintech Startup Earns INR 5.6 Cr Profit in First Year@startupinsider.in
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Kunal Shah, the industry’s acclaimed entrepreneur, has done it again. With his new venture, NewTap Finance, he’s seized the spotlight, posting an impressive INR 5.6 Cr profit in its first year.

NewTap Finance, Shah’s latest brainchild, shows potential. It’s already making waves in the finance industry, turning heads by reeling in INR 5.6 Cr in profit just in its first year. It’s a remarkable feat, given the economic turbulence faced by most firms in their initial stages.

However, this isn’t Shah’s first dance. His rich experience in the sector, previously reflected in his work with CRED, seems to have played a role in NewTap’s early success. And his knack for identifying unique market opportunities and capitalising on them has only been reiterated with this venture.

It’s worth mentioning, though, the intriguing path NewTap Finance has taken. Unlike many startups which invest heavily to scale up, NewTap has stood apart. This finance firm has instead focused on profitable growth, a strategy that has clearly paid off.

Read more: Former Flipkart Exec, Anil Goteti’s Startup Scapia, Secures $9M Seed Funding

The success of NewTap Finance echoes Shah’s entrepreneurial spirit and his capacity to drive businesses to impressive heights. So, as we look to the future, NewTap Finance may very well continue to disrupt the finance sector, leading it into uncharted territory.

The final word? NewTap Finance is off to a promising start. And with Shah at the helm, it might just be the next big thing in finance. Time will tell.

#DisruptiveFinance #FinanceIndustry #FirstYearProfit #KunalShah #NewTapFinance #ProfitableGrowth #StartupSuccess
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