WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah, and invests $900M in startup
Meta has appointed CRED founder Kunal Shah to lead WhatsApp, signaling a strategic focus on the Indian market. Additionally, Meta is investing $900 million in CRED to bolster its presence in digital payments and business messaging.
Why it matters
This leadership change and investment represent a major push by Meta to dominate the competitive Indian fintech and messaging landscape.
Meta is betting on India for WhatsApp s next chapter, naming entrepreneur Kunal Shah to lead the messaging app and succeed Will Cathcart, who is stepping down after nearly seven years at the helm to take on a new product-building role at the company.
Business reporting on corporate strategy and executive changes.
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