Business · 1d ago
Meta Taps CRED Founder Kunal Shah as New WhatsApp Chief, Invests $900M
Meta appointed Kunal Shah, founder of Indian fintech CRED, as WhatsApp's new head, replacing Will Cathcart who moves to a new Meta role. Shah steps down as CRED CEO. Meta also invested $900 million in the startup as part of the leadership transition.
Meridian48 take
The $900M investment suggests Meta is betting heavily on Shah's fintech expertise to drive WhatsApp's monetization in India, but the move raises questions about integration challenges.
Read the full reporting
WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah and invests $900M in startup →
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