Meta has invested Rs 8,550 crore in Indian fintech CRED, acquiring a 20% stake and appointing its founder, Kunal Shah, as the new head of WhatsApp.
The deal will see Meta take an estimated 20% minority stake in the company
Jun 22, 2026
07:15 pm
What's the storyMeta Platforms has invested $900 million (approximately ₹8,550 crore) in Indian fintech start-up CRED during its Series H funding round.
The investment gives CRED a post-money valuation of ₹43,239 crore (around $4.5 billion).
Meta Just Made A $900 Million Bet On This Indian Fintech Firm And Tapped Its Founder To Lead WhatsApp: 'T
Meta invests $900M in Cred, appoints founder Kunal Shah to lead WhatsApp
Meta to invest $900 million in India's CRED, taps founder to lead WhatsApp
Meta buys into Cred and names a new WhatsApp boss
Meta Platforms invests $900M in CRED, appoints Kunal Shah as WhatsApp CEO
Kunal Shah to lead WhatsApp as Meta pumps $900 mn into CRED
Meta to invest Rs 8,550 cr in CRED; appoints founder Kunal Shah as global WhatsApp head
Why Meta’s Cred investment matters for WhatsApp Pay in India - The Economic Times
Meta invests $900M in Indian fintech CRED to turn WhatsApp into a super app
Meta to invest $900 million in Cred; Founder Kunal Shah to be global CEO of WhatsApp - The Economic Times
Meta invests $900 million in India's CRED as founder Kunal Shah joins WhatsApp, boosting its fintech and payments ambitions.
Meta invested $900 million in Indian fintech CRED, appointing founder Kunal Shah as WhatsApp's new global head to accelerate its…
June 22 : Meta Platforms will invest $900 million in Indian fintech startup CRED, valuing it at $4.5 billion, while tapping…
Meta is investing $900mn in India's Cred for a ~20% stake, and making founder Kunal Shah the new head of WhatsApp, replacing Will…
Meta Platforms invested $900M in Indian fintech CRED at a $4.5B valuation and appointed founder Kunal Shah as the new global head…
Meta invests $900 million in CRED as founder Kunal Shah transitions to lead WhatsApp globally, enhancing India's fintech…
