How this Jhunjhunwala pivoted Airpay, navigated a down round and turned a corner

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A few months before the Covid-19 pandemic jolted businesses and economies worldwide in early 2020, Kunal Jhunjhunwala was battling an existential crisis of his own. The nephew of late stock-market investor Rakesh Jhunjhunwala and the founder of Airpay Payment Services Pvt. Ltd was preparing for a pivot as business slumped, its valuation halved, and his two co-founders moved on to explore other opportunities.   Cut to three-and-a-half years later ......