India, June 22 -- CRED founder Kunal Shah is stepping down from day-to-day operations at the fintech unicorn to take over as the global head of Meta-owned WhatsApp.

Announcing the move in a post on X, Shah said Miten Sampat will take over as an interim CEO at the startup.

Shah added that Meta has made an investment of $900 Mn in CRED, in a mix of primary and secondary.

"As for me, I'll be joining Meta to lead WhatsApp globally. Meta comes in as a minority investor in CRED. No access to member data," he said.

(The story will be updated soon)

The post Kunal Shah Leaves CRED For Top Role At WhatsApp appeared first on Inc42 Media.

Published by HT Digital Content Services with permission from Inc 42....