Meta's $900 mn investment a booster for our IPO plans: CRED interim CEO

CRED's interim CEO Miten Sampat said Meta's $900 million investment is a booster for the startup's "plans to build an enduring institution with an eventual public listing". "Proud to build the next phase of CRED with the best team in Indian fintech," Sampat added. As part of the deal with Meta, CRED Founder Kunal Shah will become WhatsApp's global CEO.