The fundraise surpasses the capital CRED had raised across all its previous funding rounds combined and comes at a time when the startup is preparing for its next phase of growth.

Meta's investment in CRED and its founder Kunal Shah has renewed interest in the fintech company's journey, business model and what lies ahead for one of India's most closely watched startups.

June 22 (UPI) -- WhatsApp head Will Cathcart announced Monday that he is stepping down from his role with the company and Kunal Shah, founder of CRED, will take his place.

June 22 : Meta Platforms will invest $900 million in Indian fintech startup CRED, valuing it at $4.5 billion, while tapping CRED's founder Kunal Shah to head WhatsApp globally, the companies said on Monday.India is WhatsApp's largest market, with more than 500 million users, and the platform is expanding beyo

Meta has appointed CRED founder Kunal Shah as the new global head of WhatsApp. The move comes with a $900 million investment in CRED and an AI-led leadership transition.

June 22 : Indian fintech firm CRED said on Monday it will raise about $900 million from Meta Platforms at a post-money valuation of $4.5 billion, as it seeks to accelerate growth and prepare for an eventual stock market listing.

June 22 : Indian fintech firm CRED said on Monday it will raise about $900 million from Meta Platforms at a post-money valuation of $4.5 billion, as it seeks to accelerate growth and prepare for an eventual stock market listing.

New Delhi: Meta Platforms on Monday announced a major leadership shake-up at WhatsApp, appointing Indian entrepreneur and CRED founder Kunal Shah as the