Meta is investing $900 million in CRED at a $4.5 billion valuation, the largest Indian startup round of 2026, as founder Kunal Shah moves to a global leadership role at WhatsApp. Miten Sampat takes over as interim CEO, and a major employee stock buyback is expected within weeks.

6d ago · 4 min · Business

CRED founder Kunal Shah is stepping down as CEO to lead WhatsApp, as Meta anchors a $900 million Series H round valuing CRED at $4.5 billion. Meta takes a minority stake with no access to CRED's customer data, while Miten Sampat steps in as interim CEO.

7d ago · 3 min · Business

CRED founder Kunal Shah will lead WhatsApp globally at Meta, which is simultaneously investing $900 million in CRED for a 20% stake at a $4.5 billion valuation. Miten Sampat becomes CRED's interim CEO as the company operates its first profitable year with a fresh RBI payment aggregator licence.

7d ago · 4 min · Business

Meta has launched paid subscription plans for Instagram, Facebook, and WhatsApp, priced between $2.99 and $3.99 per month, alongside AI-focused Meta One tiers at up to $19.99 per month.

1mo ago · 4 min · Technology

The European Commission is weighing interim measures against Meta, alleging WhatsApp blocked competing AI services in potential breach of the Digital Markets Act. Interim measures could force immediate behavioral changes on Meta before a full investigation concludes. DMA violations carry fines of up to 10 percent of gl

2mo ago · 1 min · Policy & Government