Economy · India

Meta Invests in CRED, Appoints Founder Kunal Shah as WhatsApp Global Head

Meta has announced a significant investment of approximately $900 million in the Indian fintech company CRED. As part of this deal, CRED founder Kunal Shah has been appointed as the new global head of WhatsApp. This move signifies a major development for both Meta's messaging platform and India's burgeoning fintech sector.

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