CRED, the Bengaluru-based fintech company, is planning to raise approximately INR 8,550 crore (about USD 900 million) from Meta, according to reports by Business Line and The Hindu, both citing Business Wire India. The disclosures describe the planned funding as part of CRED’s efforts to secure additional capital, with Meta as the stated investor. The reports do not provide further deal terms in the provided excerpts, such as the structure of the investment, valuation, or timelines for completion. They also do not specify whether the funding is intended for a particular use, such as expansion, product development, or payments-related initiatives. The information presented is focused on the headline figure and the investor involved. Overall, the sources agree on the proposed amount and the participation of Meta in CRED’s fundraising plan, but the details of how the round will be executed and when it will close are not included in the supplied text.