
In a major leadership shake-up, Meta has announced a $900 million investment in Indian fintech giant CRED, alongside a landmark appointment. CRED founder Kunal Shah will become the new Global Head of WhatsApp, succeeding Will Cathcart after seven years in the role. Meta CEO Mark Zuckerberg praised Shah's entrepreneurial journey, highlighting his success in building FreeCharge and transforming CRED into one of India's leading fintech companies. Kunal Shah said CRED is now on a strong foundation and ready for its next phase, with Miten Sampat taking over as interim CEO. The move is especially significant as India remains WhatsApp's largest market and one of Meta's most important growth engines. From revolutionizing fintech to leading the world's biggest messaging platform, Kunal Shah is stepping into one of the most influential technology leadership roles globally. Watch the full report for all the details.