India, June 22 -- Meta has announced that CRED founder Kunal Shah will take over as the new global head of WhatsApp, replacing Will Cathcart, who has led the messaging platform for nearly 7 years. Shah will also step away from his current role at CRED, handing over the reins to Miten Sampat as interim CEO.

In a LinkedIn post, Shah reflected on his entrepreneurial journey and said CRED was ready for its next phase.

"Today, CRED is ready for its next phase. I am stepping back and Miten Sampat steps in as interim CEO, partnered with an incredibly talented team," he wrote, adding, "As for me, I'll be joining Meta to lead WhatsApp globally."

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