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CRED founder Kunal Shah takes charge of WhatsApp

Indian entrepreneur Kunal Shah has been named the new global head of WhatsApp, marking a major milestone not only in his career but also for India’s growing influence in the global technology industry. The appointment comes alongside Meta’s announcement of a significant investment in Shah’s fintech venture, CRED, underscoring the company’s confidence in his leadership and vision.

Shah, founder of CRED and co-founder of FreeCharge, will succeed longtime WhatsApp chief Will Cathcart, who has led the messaging platform since 2019. Cathcart is expected to move into a new role within Meta focused on developing next-generation products.

The move makes Shah one of the few Indian-origin executives to lead a major global consumer technology platform. It also reflects Meta’s increasing emphasis on integrating messaging, payments and commerce—areas where Shah has built considerable expertise over the past decade.

Born in Ahmedabad and raised in Mumbai, Shah began his entrepreneurial journey with FreeCharge in 2010. The digital payments platform quickly became one of India’s most recognised startups before being acquired by Snapdeal. After exiting the company, Shah launched CRED in 2018, initially focusing on rewarding users for timely credit card payments before expanding into lending, commerce, insurance and wealth products.

Alongside Shah’s appointment, Meta announced a $900 million investment in CRED, valuing the fintech company at around $4.5 billion. The investment gives Meta a minority stake in the Bengaluru-based startup and further strengthens ties between the social media giant and India’s digital payments ecosystem.

Industry observers see the appointment as a strategic move. India remains WhatsApp’s largest market, with hundreds of millions of users, and the platform has increasingly expanded beyond messaging into payments, business services and digital commerce. Shah’s deep understanding of consumer finance and technology is expected to play a key role in shaping WhatsApp’s next phase of growth.

For many in India’s startup ecosystem, Shah’s elevation represents another example of Indian entrepreneurs taking on influential leadership roles on the global stage.