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Meta to invest Rs 8,550 cr in CRED; appoints founder Kunal Shah as global WhatsApp head

New Delhi, Jun 22 (PTI) Tech giant Meta will invest Rs 8,550 crore (about USD 900 million) in Indian fintech firm CRED, and has appointed its founder, Kunal Shah, as the new global head of messaging platform WhatsApp. Shah – who will move from his operating role as CEO of CRED to join Meta’s global […]

Raccontata dathenextweb.comeconomictimes.indiatimes.comhindustantimes.comchannelnewsasia.comnewsbytesapp.comthehindubusinessline.comcryptobriefing.comyourstory.comtechcrunch.comtimesofindia.indiatimes.comthehindu.comtheprint.in+1 altre

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6 prospettive sulla stessa storia
AI · summaries
theprint.inStai leggendo2 g fa

Meta to invest Rs 8,550 cr in CRED; appoints founder Kunal Shah as global WhatsApp head

New Delhi, Jun 22 (PTI) Tech giant Meta will invest Rs 8,550 crore (about USD 900 million) in Indian fintech firm CRED, and has appointed its founder, Kunal Shah, as the new global head of messaging platform WhatsApp.…

originale
cryptobriefing.com1 g fa

Meta invests $900M in Cred, appoints founder Kunal Shah to lead WhatsApp

Meta invested $900 million in Indian fintech CRED, appointing founder Kunal Shah as WhatsApp's new global head to accelerate its payments strategy.

Leggi questa versione → originale
hindustantimes.com1 g fa

Meta names Kunal Shah as WhatsApp's new head, invests $900 million in CRED

Meta invests $900M in CRED (20% stake, $4.5B valuation) and appoints founder Kunal Shah as WhatsApp head. The move signals Meta's shift toward AI agents and fintech integration in messaging, leveraging India's fintech momentum to unlock WhatsApp revenue.

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thehindubusinessline.com2 g fa

Kunal Shah to lead WhatsApp as Meta pumps $900 mn into CRED

Meta invests $900M in CRED (valuation $4.5B); founder Kunal Shah takes global WhatsApp helm. The move prioritizes WhatsApp monetization via payments and advertising, with India as prime testing ground for commerce expansion.

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yourstory.com2 g fa

CRED's Kunal Shah to lead WhatsApp, an Indian founder takes charge of the world's biggest messaging app

CRED founder Kunal Shah is set to become global head of WhatsApp as Meta invests about Rs 8,500 crore in his fintech startup, putting an India-based founder in charge of the world's most used messaging app.

Leggi questa versione → originale
channelnewsasia.com2 g fa

Meta to invest $900 million in India's CRED, taps founder to lead WhatsApp

Meta invests $900M in fintech CRED, names founder Kunal Shah global WhatsApp head to scale payments in India's 500M market. The move positions WhatsApp as a fintech super-app, leveraging regional expertise to compete in Asia and reshape Meta's commerce strategy.

Leggi questa versione → originale

Timeline cronologica

  1. lunedì 22 giugno 2026·thenextweb.com

    Meta buys into Cred and names a new WhatsApp boss

    Meta is investing $900mn in India's Cred for a ~20% stake, and making founder Kunal Shah the new head of WhatsApp, replacing Will Cathcart.

  2. lunedì 22 giugno 2026·economictimes.indiatimes.com

    Meta to invest $900 million in Cred; Founder Kunal Shah to be global CEO of WhatsApp - The Economic Times

    Fintech giant Cred has secured a significant Rs 8,550 crore funding round, led by Meta, valuing the company at $4.5 billion. As part of the transaction, Shah will step away from…

  3. lunedì 22 giugno 2026·hindustantimes.com

    Cred founder Kunal Shah to be new boss of WhatsApp, announces Meta

    Kunal Shah replaces Will Cathcart, who has been running the popular messaging service for roughly seven years | India News

  4. lunedì 22 giugno 2026·channelnewsasia.com

    Meta to invest $900 million in India's CRED, taps founder to lead WhatsApp

    June 22 : Meta Platforms will invest $900 million in Indian fintech startup CRED, valuing it at $4.5 billion, while tapping CRED's founder Kunal Shah to head WhatsApp globally,…

  5. lunedì 22 giugno 2026·economictimes.indiatimes.com

    Cred's Kunal Shah to be WhatsApp global head; Coursera CTO on edtech’s AI challenge

    Cred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. This and more in todays ETtech Top 5.

  6. lunedì 22 giugno 2026·channelnewsasia.com

    Meta's WhatsApp to be led by Indian startup founder Kunal Shah

    BANGALORE, June 22 - Indian fintech firm CRED's founder Kunal Shah will become Meta-owned WhatsApp's new leader, the messaging app's current head Will Cathcart said on Monday in a…

  7. lunedì 22 giugno 2026·newsbytesapp.com

    Meta invests $900M in CRED, appoints founder as WhatsApp head

    Meta has invested Rs 8,550 crore in Indian fintech CRED, acquiring a 20% stake and appointing its founder, Kunal Shah, as the new head of WhatsApp.

  8. lunedì 22 giugno 2026·thehindubusinessline.com

    Kunal Shah steps down as CRED CEO to lead WhatsApp at Meta

    Kunal Shah leaves CRED to lead WhatsApp at Meta while retaining his shareholding in the fintech platform.

  9. lunedì 22 giugno 2026·cryptobriefing.com

    Meta reportedly in talks to invest in Indian fintech Cred, with Kunal Shah eyed for WhatsApp role

    Meta is reportedly in advanced talks to invest in Indian fintech Cred at a $4 billion valuation, with founder Kunal Shah eyed for a WhatsApp leadership

  10. lunedì 22 giugno 2026·yourstory.com

    Meta leads Rs 8,550 Cr investment in CRED, Kunal Shah steps down to lead WhatsApp

    CRED plans to use the fresh capital to support growth initiatives and strengthen its path toward a public listing.

  11. lunedì 22 giugno 2026·yourstory.com

    CRED's Kunal Shah to lead WhatsApp, an Indian founder takes charge of the world's biggest messaging app

    CRED founder Kunal Shah is set to become global head of WhatsApp as Meta invests about Rs 8,500 crore in his fintech startup, putting an India-based founder in charge of the…

  12. lunedì 22 giugno 2026·economictimes.indiatimes.com

    Who is Kunal Shah? CRED founder who sold FreeCharge for ₹2,800 crore, built CRED into a $325M fintech giant, and now set to lead WhatsApp

    Kunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED and previously selling FreeCharge for…

  13. lunedì 22 giugno 2026·techcrunch.com

    WhatsApp gets new chief as Meta taps India's CRED founder Kunal Shah, and invests $900M in startup | TechCrunch

    WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED to replace Cathcart.

  14. lunedì 22 giugno 2026·timesofindia.indiatimes.com

    Who is Kunal Shah? CRED founder set to become WhatsApp’s next global CEO

    Entrepreneur Kunal Shah, best known for founding fintech platform CRED and digital payments company FreeCharge, has announced that he will join Meta to lead its messaging platform…

  15. lunedì 22 giugno 2026·economictimes.indiatimes.com

    Meet Kunal Shah, serial entrepreneur and Meta's pick to lead WhatsApp - The Economic Times

    Indian tech entrepreneur Kunal Shah is set to lead WhatsApp, the world's largest messaging platform, succeeding Will Cathcart. Shah, the founder of fintech unicorn CRED and…

  16. lunedì 22 giugno 2026·economictimes.indiatimes.com

    Meta names CRED founder Kunal Shah as the next head of WhatsApp

    Meta has reportedly named CRED founder Kunal Shah as the next head of WhatsApp, replacing Will Cathcart, and has also reportedly made a $900 million minority investment in CRED.…

  17. lunedì 22 giugno 2026·thehindu.com

    Cred founder Kunal Shah tapped as WhatsApp global chief

    Kunal Shah, Cred founder, appointed WhatsApp global chief as Meta invests $900 million to enhance the messaging platform's potential.

  18. lunedì 22 giugno 2026·thehindubusinessline.com

    Kunal Shah to lead WhatsApp as Meta pumps $900 mn into CRED

    Meta invests $900 million in CRED as founder Kunal Shah transitions to lead WhatsApp globally, enhancing India's fintech landscape.

  19. lunedì 22 giugno 2026·theprint.in

    Meta to invest Rs 8,550 cr in CRED; appoints founder Kunal Shah as global WhatsApp head

    New Delhi, Jun 22 (PTI) Tech giant Meta will invest Rs 8,550 crore (about USD 900 million) in Indian fintech firm CRED, and has appointed its founder, Kunal Shah, as the new…

  20. lunedì 22 giugno 2026·gadgetsnow.indiatimes.com

    Meta turns to India for WhatsApp's next chapter, picks Cred founder Kunal Shah

    WhatsApp’s getting a new boss, and Meta’s looking to India for their pick. They just named Kunal Shah, the founder of Cred, as the next head of WhatsApp. He’s taking over from…