金色财经|Jun 23, 2026 13:55
[A $4 Billion-Valued Indian Startup Secures Meta Investment but 'Hands Over' Its Founder to WhatsApp]
According to Golden Finance, on June 23, Indian fintech startup Cred is set to complete a $900 million funding round led by Meta Platforms, owned by Mark Zuckerberg. However, the cost of this deal is that its founder and CEO, Kunal Shah, will be 'handed over' to WhatsApp. Recently, the company stated that in this latest funding round, the startup, which is about to welcome Meta as a minority shareholder, has reached a valuation exceeding $4 billion. The funds will be used to 'accelerate business growth, strengthen institutional capabilities, and expand its leading position across various business sectors.'
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