https://it-news.uk/tags/leadership/ Recent content in Leadership on IT News Hugo en-us Tue, 23 Jun 2026 00:00:00 +0800 https://it-news.uk/posts/cred-founder-kunal-shah-to-lead-meta-whatsapp/ Tue, 23 Jun 2026 00:00:00 +0800 https://it-news.uk/posts/cred-founder-kunal-shah-to-lead-meta-whatsapp/ <p>Indian fintech firm CRED announced on June 22 (US local time) that Meta has invested a combined 85.5 billion Indian rupees (approximately $10.2 billion USD) across primary and secondary markets for a roughly 20% equity stake, giving the company a post-investment valuation of 4,323.9 billion rupees — about 31.1 billion yuan at current exchange rates. Meta will not gain access to CRED&rsquo;s customer information as part of the transaction.</p>