Indian startup head appointed as new WhatsApp boss

MUMBAI: Meta has tapped Indian fintech founder Kunal Shah as the new head of WhatsApp, as the US tech giant seeks ways to monetise the messaging app’s massive user base.

The announcement, made Monday night, was accompanied by news that Meta would also lead a $900 million funding round in Shah’s consumer finance firm CRED.

“Kunal built CRED into one of India’s most important technology companies,” Meta chief Mark Zuckerberg said in a statement.

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