{"id":1016420,"date":"2026-06-23T10:30:58","date_gmt":"2026-06-23T05:00:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1016420"},"modified":"2026-06-23T10:30:58","modified_gmt":"2026-06-23T05:00:58","slug":"cred-founder-kunal-shah-to-lead-whatsapp-as-meta-invests-%e2%82%b98550-crore-in-the-fintech-startup","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/23\/cred-founder-kunal-shah-to-lead-whatsapp-as-meta-invests-%e2%82%b98550-crore-in-the-fintech-startup\/","title":{"rendered":"Cred founder Kunal Shah to lead WhatsApp as Meta invests \u20b98,550 crore in the fintech startup"},"content":{"rendered":"<p>Meta Platforms Inc. has appointed Cred founder Kunal Shah to lead WhatsApp as part of its \u20b98,550 crore ($900 million) investment in the Indian fintech startup, according to an official announcement.<\/p>\n<p>The investment gives Meta an approximately 20% stake in Cred, which operates an app that is known for rewarding users who pay their credit card bills on time. The deal values the company at roughly \u20b942,600 crore ($4.5 billion) on a post-money basis, the press release stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta Platforms Inc. has appointed Cred founder Kunal Shah to lead WhatsApp as part of its \u20b98,550 crore ($900 million) investment in the Indian fintech startup, according to an official announcement. The investment gives Meta an approximately 20% stake in Cred, which operates an app that is known for rewarding users who pay their credit card bills on time. The deal values the company at roughly \u20b942,600 crore ($4.5 billion) on a post-money basis, the press release stated.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,4,56],"tags":[],"class_list":["post-1016420","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-telecom-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1016420"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016420\/revisions"}],"predecessor-version":[{"id":1016421,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016420\/revisions\/1016421"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1016420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1016420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1016420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}