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Retailopædia

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The Encyclopædia of Indian Retail — revised every hour



Strategic Investment / Indian Fintech confidence 74/100

Meta Takes ~20% Stake in CRED at $4.5B Valuation as Founder Kunal Shah Steps Down

Meta's minority investment in India's CRED marks a significant fintech push; the deal coincides with the startup's first profitable quarter and an unexpected CEO transition.

ndtv-profit-business · 6/28/2026, 9:05:23 AM · Ask about this →