Wednesday, 24 June, 2026
Meta Hands WhatsApp Reins to Indian Fintech Star Kunal Shah
By TechShots Studio
In a major structural shift, Meta has appointed CRED founder Kunal Shah as the new global head of WhatsApp, succeeding Will Cathcart. Accompanying the appointment, Meta is leading a $900 million investment into Shah's fintech startup, valuing it at $4.5 billion. The strategic move positions India, WhatsApp's largest market with over 500 million users, as the primary launchpad for its next-gen AI commerce and payment ambitions.
Read full story at TIMES OF INDIA