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  • Meta Invests $900 Million in CRED: Kunal Shah to Become Global Head of WhatsApp as Meta CRED Deal Reshapes India Fintech

    • June 22, 2026
    • Posted by: Ankit Jaiswal
    • Category: News
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    Meta Invests $900 Million in CRED

    Meta is investing $900 million in Indian fintech CRED at a $4.5 billion valuation, taking a 20% minority stake. CRED founder Kunal Shah will become global head of WhatsApp. Miten Sampat takes over as interim CEO. No member data access for Meta.

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