Meta taps CRED founder Kunal Shah to lead WhatsApp; commits Rs 8,550 cr investment in CRED
Kunal Shah succeeds Will Cathcart atop WhatsApp as Meta deepens its India bet with a ~$900M infusion into CRED. India is WhatsApp's largest market for business messaging and payments, signaling an aggressive push into commerce and fintech rails across 3 billion users.
Meta appoints CRED founder Kunal Shah as next WhatsApp head, succeeding Will Cathcart. Meta also plans to invest Rs 8,550 crore (~$900M) in CRED. India is WhatsApp's largest market for business messaging and payments.