Episode
5216: Why Meta is investing in Kunal Shah’s Cred, Innovist founders, early investors strike gold and RIL AGM: AI, AI everywhere + Jio IPO is here
- Podcast
- Moneycontrol Podcast
- Published
- Jun 19, 2026
- Duration seconds
- 485
- Processing state
not_requested- Canonical source
- https://audioboom.com/posts/8918637
Actions
POST https://stenobird.com/v1/public/podcasts/moneycontrol-podcast-471941/episodes/5216-why-meta-is-investing-in-kunal-shah-s-cred-innovist-founders-early-investors-strike-gold-and-ril-agm-ai-ai-everywhere-jio-ipo-is-here/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/moneycontrol-podcast-471941/5216-why-meta-is-investing-in-kunal-shah-s-cred-innovist-founders-early-investors-strike-gold-and-ril-agm-ai-ai-everywhere-jio-ipo-is-here.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
In today’s episode of Moneycontrol Tech3, we unpack Reliance’s push to make AI more affordable and accessible through a new suite of India-focused AI products, alongside strong growth ahead of a potential public listing. We also dive into Meta’s talks to invest in Kunal Shah-led Cred at a valuation of around $4 billion and what that could mean for India’s payments ecosystem. Plus, why India is becoming central to Meta’s global AI infrastructure plans, and how L’Oréal’s Rs 4,000 crore acquisition of Innovist could hand founders nearly Rs 1,800 crore and deliver bumper returns to early investors.