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The Economic Times
The Economic Times
Technology

Inside Meta's India investments: First Reliance, now Cred

Meta ET Cred Reliance India Kunal Shah WhatsApp Facebook JioMart Meesho

Meta on Monday invested Rs 8,550 crore ($900 million) in Cred and hired its founder Kunal Shah as the global head of WhatsApp, one of Meta's most important businesses.

This was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tech leaders.

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