Mark Zuckerberg's Meta likely to invest in Kunal Shah's CRED: Report

Facebook-parent Meta is likely to invest in Indian fintech app CRED at a $4 billion valuation, Moneycontrol reported. The Kunal Shah-led startup's valuation remains significantly below the $6.4 billion valuation it commanded in 2022. The Mark Zuckerberg-led firm considered investing tens of millions in CRED and also explored buying out the entire startup and bringing Shah in an operating role.