Kunal Shah to lead WhatsApp, steps down as CEO of Indian fintech platform CRED
Fintech platform CRED on Monday said it will raise Rs 8,550 crore in a funding round led by Meta, a mega deal that will see its founder Kunal Shah step down as Chief Executive Officer and lead the global tech giant’s messaging platform WhatsApp.
Shah will transition to the global leadership team at Meta but will retain his personal shareholding in CRED, the Bengaluru-headquartered company said in a statement.
