StartupsInc42about 2 hours ago
Meta Invests $900 Mn in CRED, Shah Steps Away
6 min read
Meta invested $900 Mn in CRED, valuing the fintech startup at $4.5 Bn post money through primary and secondary share sales. Founder Kunal Shah transitions to a global leadership role at Meta-owned WhatsApp. CRED's chief strategy and finance officer Miten Sampat takes over as interim CEO.
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