Meta has announced that Kunal Shah, the founder of Indian fintech company CRED, will take over as the new head of WhatsApp. This change comes as Will Cathcart transitions to a different role within Meta. The company has also invested $900 million in Shah's startup, CRED.
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Kunal Shah appointed as new head of WhatsApp following Will Cathcart's transition
Kunal Shah has been appointed as the new head of WhatsApp, succeeding Will Cathcart, who is moving to a new position at Meta. Additionally, Meta has made a $900 million investment in Shah's fintech startup, CRED.
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Original Headline
WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah and invests $900M in startup
Neutral Headline
Kunal Shah appointed as new head of WhatsApp following Will Cathcart's transition