Meta makes a $900 million super-app move in India
- Posted on June 24, 2026
- By Business News Today
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- 1 min read
Meta makes a $900 million super-app move in India
Cred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India's credit card bills. While Meta's interest raises data control questions, Shah faces the challenge of creating a fair commercial portal. His next task is to expand Cred beyond its niche user base to serve the broader Indian middle class, a significant shift from his initial strategy.
