New Delhi, June 22 -- Miten Sampat has been appointed the interim CEO of CRED after Meta Platforms tapped the Indian fintech startup's founder, Kunal Shah, to head WhatsApp globally as part of a $900 million investment.

While Kunal Shah will join Meta full-time, stepping away from CRED, Miten Sampat will take over as interim CEO even as the board reviews CRED's leadership structure with an eye toward an "eventual IPO," the press release said.

Miten Sampat has led strategy and finance at CRED since 2020. Kunal Shah, who will now lead WhatsApp globally, said Sampat has been heading strategy and finance and "suffering me since 2020."

"I'm stepping away from the operating role and will continue as a shareholder. My commitment doesn't chang...