Secret startup of Kunal Shah?

Recently I was talking to a girl who was working a startup in BLR. She left the startup with some horrendous experiences. This startup was working from a startup hostel in BLR. Things she told me shook me. She was dating the founder. So this founder who claims to be on his 2nd startup dates his own employees and then blackmails them. The average age of his employees is 24. All these girls that he dates are not above 23/24 Apparently this guy has 2 court cases against him. One for fraud and one for a rape case. Both of them are not easily found online. He uses VC money to keep in under the hood. The fraud case is about his first startup which was a stolen idea apparently. This guy’s whole life is fake. He claims to be an IIT Madras dropout, but he's from some local college. There are rumours that one of the girls he dated tried to kill herself because he allegedly filmed them. He also does not pay salaries for months to his employees but compensates by giving them expensive gifts. He claims his parents are IAS officers but we checked and they are not. His last startup was around around AUTH and current one is around Fintech Girls and boys stay away from working with such shady startups.

https://www.youtube.com/watch?v=fE0frCNDccQ&ab_channel=CRED

- Are these guys on the path to profitability now? What do they even do? Just sell loans and insurance to rich people who won't fall for that shit anyway? What's their edge over the hundreds of other companies already doing that? - How much are they burning now? How much runway do they have? - Cuz everyone abuses their CRED coins and calls them worthless. - Most importantly, I'm sick of seeing Kunal Shah's smug dp pop up on my Twitter everyday with some new gyan while it's unclear what he even does

I will get the ball rolling: heard that Kunal Shah invests as less as INR 50K in return for good % of equity, by saying that using his name in media will give the startup enough value in itself (can't deny tbh). What have you heard/seen around the circuit?

- So after raising millions of dollars for "innovating in fintech", CRED has decided to get into the centuries old business of lending - The main company has burnt investor money mainly to build out distribution but no product. - Now when they decided to get into lending, Kunal Shah acquired an NBFC where he personally owns approx 80% stake and CRED owns 20% - Through this NBFC, CRED gives out their loans on BNPL products. Now Kunal Shah wants to slowly sell the rest of his stake to the main company CRED - Except the NBFC is worthless without CRED's distribution. And CRED is worth a lot less without any product and Kunal Shah holds only 12% equity in the main cash-burning loss-making company after all those dilutions in funding rounds. - By making CRED acquire this NBFC at inflated valuations where he owns majority stake, he's gonna personally cash out once again while CRED will still have a long journey ahead of them. How are the CRED investors ok with this?

I've been hearing some pretty bad things about Navi's work culture - esp. in the analytics teams. Apart from the 12-14 hour days, apparently you're not even allowed to take leaves. If you want to go home for a few days, you're asked to apply for wfh for those days. If you want to wfh, you're asked to apply for a sick leave and then work nevertheless. Can someone from Navi or otherwise confirm this?

I am kind of pursuing him for a start-up. I have seen him on screens but if anyone who believes he is truly helpful and legit entrepreneur who like to help. Please like or comment your insight. Growing fraudsters concerns me.