On this page

CRED's Kunal Shah named WhatsApp global CEO as Meta takes 20% stake in CRED at $4.5B

CRED founder Kunal Shah appointed global CEO of WhatsApp as Meta invests $900M for ~20% stake in CRED at $4.5B valuation. Miten Sampat takes over as interim CEO; IPO under consideration.

Newer report , , Outlook Business : Kunal Shah Exits Cred Promoter Role After Meta Names Him WhatsApp Global CEO

Who and when

From the report. Source details below

  • 17 million members
  • $325M revenue
  • 5th ESOP buyback

The source

Source Read the source at Mint

Published

Also reported by NDTV Profit, Business Standard, Inc42, Entrackr, Indian Express, The Hindu BusinessLine, Business Today, YourStory, Medianama, Moneycontrol, Times of India, Hindustan Times, Outlook Business, Financial Express

First seen

By

Note Information, not investment advice. RetailIntel is not registered with SEBI.