Kunal Shah exits CRED for global WhatsApp role as Meta leads ₹8,550 Cr Series H at $4.5 Bn
CRED founder Kunal Shah steps down to head WhatsApp globally; Miten Sampat takes interim CEO seat. Simultaneously, CRED closes a ₹8,550 Cr ($900 Mn) Series H led by Meta at a post-money ₹43,239 Cr ($4.5 Bn) valuation, with IPO plans in motion. Revenue stands at ₹3,200 Cr across 1.7 Cr users.
CRED founder Kunal Shah steps down to lead WhatsApp globally; Miten Sampat becomes interim CEO. CRED raises ₹8,550 Cr Series H led by Meta at $4.5 Bn valuation, with IPO plans underway.
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