Facebook parent Meta, over the past weeks, has held discussions to invest in Cred in a deal which values the Indian fintech and payments startup at $4 billion, at least six people aware of the discussions told Moneycontrol.

While the tech giant has explored investing tens of millions of dollars in Cred as primary capital, it has also evaluated other options, including a full acquisition of the company and bringing founder Kunal Shah into the organisation in an operating role.

The proposed $4 billion (Rs 38,000 crore) valuation is modestly above the company's marked-down $3.5 billion valuation in 2025, but remains significantly below the $6.4 billion it commanded during its last major funding round in 2022.

“Which path Meta ultimately chooses remains unclear. What is evident, however, is that Cred is in need of fresh capital and Meta has expressed a willingness to back the company,” one of the people cited above said.

Meta’s interest in Cred is understandable as it looks to build a sizable presence in India’s payments landscape. With ownership of Cred, Meta would own the full stack. Facebook and Instagram would serve as the discovery layer, WhatsApp would power commerce, or increasingly agentic commerce, while Cred would provide the payments infrastructure.

Founded in 2018 by Kunal Shah, Cred focuses on affluent and creditworthy users in India.

The Bengaluru-based fintech unicorn said it had reported consolidated operating revenue of Rs 2,735 crore in FY25, a 16 per cent increase from the previous year. Its operating losses declined 51 per cent to Rs 298 crore, according to a company statement released on January 30. The company is yet to file its official numbers with the Ministry of Corporate Affairs (MCA).

Total losses for the year narrowed 11.5 per cent year-on-year to Rs 1,457 crore. Gross margins stood at around 70 per cent in FY25, reflecting improved operating leverage as the company scaled its product offerings and monetisation efforts.

During the year, Cred's monthly transacting users rose 14.5 per cent to 1.26 crore, while transaction frequency increased 34 percent to 14.4 transactions per user per month. Total payment value processed on the platform grew 23 percent year-on-year to Rs 8.5 lakh crore.

The company said deeper adoption of multiple products contributed to stronger monetisation.

About 45 per cent of active members used three or more products on the platform. Average revenue per user (ARPU) stood at Rs 2,000, the highest in the payments ecosystem, with users engaging with four or more products generating 75 per cent higher ARPU than the platform average.

Since its inception about eight years ago, Cred has so far raised around $1 billion from Tiger Global, Ribbit Capital, Peak XV Partners, Greenoaks Capital, DST Global and several others.

For Meta, this Cred investment, if it goes through, will be yet another bet after backing upstarts like Meesho and Unacademy in the past.

Source: Moneycontrol

We are launching RevoLead https://revolead.ai AI, a proactive AI work assistant designed to help teams manage business communication and workflow more efficiently.

RevoLead AI connects with workplace tools such as email, calendars, meetings, and messaging platforms to understand ongoing context and reduce the manual effort involved in handling daily communication tasks.

The platform is built around the idea of moving beyond reactive AI tools. Instead of waiting for prompts, it continuously analyzes communication in the background and interprets what is happening across conversations. It identifies important elements such as tasks, follow ups, decisions, and unanswered questions, then helps users act on them in a more structured way.

A core capability of RevoLead AI is understanding context across multiple communication sources. In most work environments, important information is scattered across long email threads, meetings, and chat messages. RevoLead AI connects these fragments into a clear and usable picture so users do not need to manually track or reconstruct context.

It also supports communication by helping users respond faster and more accurately. Instead of generating generic replies, it drafts responses based on the actual content and history of the conversation. This makes communication more consistent while significantly reducing time spent writing and editing messages. It can also suggest follow ups to ensure important conversations continue moving forward.

Another important area is meeting support. Meetings often generate decisions and action items that are not always tracked effectively afterward. RevoLead AI helps bridge this gap by identifying key outcomes and turning them into actionable next steps, improving continuity between discussion and execution.

The platform is especially useful for teams that deal with high volumes of communication. Sales teams can manage client conversations and follow ups more efficiently. Customer support and success teams can respond faster while maintaining full context of previous interactions. Founders and executives can reduce inbox overload and stay aware of priorities without actively managing every message. Operations and project teams can improve coordination and reduce manual tracking across multiple tools.

Overall, RevoLead AI acts as a background intelligence layer for workplace communication. It enhances existing tools by adding context awareness and automation on top of email, meetings, and messaging.

https://revolead.ai

Hey founders,

If you need a SaaS motion explainer, product demo, UI animation, or launch video, feel free to DM me.

I'm Akshat, a motion designer with 5 years of experience. After a recent layoff, I'm rebuilding my portfolio and looking for interesting SaaS products to work on.

I'm doing this primarily to build my portfolio, so budget isn't a requirement. If you choose to pay, any amount is appreciated.

Happy to share my previous work if you're interested.

Hello everyone!

We're excited to introduce Sonix, our Voice AI platform built to help developers and businesses create intelligent voice-powered applications.

Soniox brings together advanced speech technologies in one platform, making it easier to add voice capabilities to your products. Whether you're building an AI voice assistant, transcribing meetings, automating customer support, or enabling multilingual communication, our APIs are designed to simplify development while delivering high-quality results.

Some of the key features include:

* Real-time Speech-to-Text with low latency

* Multilingual speech recognition

* Real-time speech translation

* Speaker diarization to identify multiple speakers

* Text-to-Speech for natural voice responses

* Automatic language detection

* Support for mixed-language conversations

* Enterprise-grade security with GDPR, HIPAA, ISO 27001, and SOC 2 Type II compliance

Soniox is built for developers and offers APIs and SDKs that integrate easily with web, mobile, and enterprise applications. This allows teams to focus on building great user experiences instead of managing complex speech infrastructure.

Developers use Soniox for a wide range of applications, including:

* AI voice agents

* Live captions and subtitles

* Meeting transcription

* Customer support automation

* Medical documentation

* Accessibility tools

* Voice-enabled applications

* Real-time multilingual communication

Our team is continuously improving the platform by increasing transcription accuracy, expanding language support, and introducing new Voice AI capabilities based on customer feedback.

If you're working on a project that involves speech recognition or conversational AI, we'd love for you to explore Soniox and let us know what you think. We welcome questions, feedback, feature requests, and discussions from the community.

Thanks for taking the time to learn about Soniox. We look forward to connecting with you and hearing about the projects you're building.

SpaceX has exercised the option to acquire Cursor in an all-stock transaction with the goal of building the world’s most useful AI models.

For the past few months, SpaceXAI has been jointly training a model with Cursor, which will be released in Cursor and Grok Build soon.

• Cursor is being valued at $60 billion
• Cursor will become a wholly owned SpaceX subsidiary
• Cursor shareholders will receive SpaceX Class A shares
• The exchange ratio will be based on SpaceX’s 7-day average share price before closing
• Subject to regulatory approvals and customary closing conditions
• Expected to close in Q3 2026

Source: SpaceX

Trinket is now free - we launched a free-forever, community-hosted Trinket alternative

With Trinket shutting down in 2026, we built somewhere for teachers and learners to land: a free-forever, community-hosted edition of Trinket at trinket.strivemath.org. It's built on the open-source Trinket project and run by Strive Math.

Write and run Python, HTML, and Java right in your browser, build interactive courses, and move your Trinket projects over from trinket.io by importing your export zip in one click. Every feature is free - no paid tiers, no trials.

If you teach or learn to code, this gives the whole community a place to keep going.