Meta’s $900 Mn CRED Deal And Why Kunal Shah Stepped Away

Meta’s investment will value the Bengaluru-based fintech startup at about $4.5 Bn post money and is structured through a mix of primary and secondary share sales. 

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.

As part of the leadership transition, CRED’s chief strategy and finance officer Miten Sampat will take over as interim CEO

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