Market Samachar

Meta Picks Kunal Shah As New WhatsApp Chief As Part Of Rs 8,550 Crore Cred Investment

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Meta is investing Rs 8,550 crore to acquire a 20% minority stake in Indian fintech company CRED. This strategic move also sees CRED founder Kunal Shah taking on the role of WhatsApp Chief. The deal signifies a significant collaboration between the global tech giant and the…

• Meta acquires 20% stake in CRED.
• Investment valued at Rs 8,550 crore.
• Kunal Shah becomes WhatsApp's new chief.

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