Times Internet’s former Chief Strategy Officer Miten Sampat has joined Kunal Shah led startup Cred. However, there is still no clarity about the designation or the role that Sampat will play in Cred. Times Internet’s Ex CSO announced the news on his official Twitter handle.
I am privileged and super excited to join the incredible team of Cred and work with Kunal Shah, Sampat said on his official twitter handle.
Miten Sampat doesn’t need much introduction in the Indian startup fraternity. He has played a pivotal role in transforming and shaping Times Internet into one of the leading internet companies of India. He was widely considered as one of the confidants and lieutenants of Times Internet’s Vice President Satyan Gajwani.
Sampat had hanged his boot at Times Internet in July after a seven year stint. According to his LinkedIn profile, he continues to serve as a board member in Mx Player – an OTT platform owned by Times Internet. He is widely credited for fueling the Gurgaon based company’s growth through acquisition and strategic investments.
His LinkedIn profile also reveals his role as an angel investor, with Chatbot AI startup Haptik being one of the high profile startups where he had invested capital. Third Wave, Dilmil and Ayopop are other startups where he has invested as an angel investor
Sampat’s new company doesn’t need much introduction either. With poster boy like Kunal Shah at helm of the affair, Cred has emerged as one of the most sought after startups.
Cred is actually a member-only app that offers lucrative rewards for paying credit card bill on time. The company had closed $120 Mn series B funding round in August last year at a valuation of approximately $500 MN. The barely two-year-old company is also one of the associate sponsors of the ongoing IPL tournament.