Meta to acquire 20% stake in CRED through $900M investment
Meta Platforms Inc. is making a significant move into India’s fintech ecosystem with a $900 million investment in startup CRED. The deal gives Meta a roughly 20% stake in the company. According to the announcement, CRED will raise ₹8,550 crore ($900 million) in its Series H round, led by Meta. The round is structured through
