Kunal Shah to lead WhatsApp globally as Meta pumps ~$900M into Cred at $4.5B valuation

Meta is investing nearly $900 million (Rs 8,550 crore) in Indian fintech Cred at a $4.5 billion valuation. Founder Kunal Shah is set to become global CEO of WhatsApp, with Miten Sampat taking over leadership at Cred.

— Filed Tue, 23 Jun, 2026, 01:24 IST · Source Moneycontrol · News Web · Updated

Meta is investing ~$900 million in Indian fintech Cred at a $4.5 billion valuation, while founder Kunal Shah moves to become global head of WhatsApp. Miten Sampat will take over leadership at Cred.