🚀 Business & Startups🇮🇳 India
Kunal Shah Leaves CRED to Run WhatsApp, Meta Pumps ₹8,550 Crore Into Fintech Giant
Inc42 Media·Tuesday, 23 June 2026
CRED founder Kunal Shah is stepping down from day-to-day operations at the fintech unicorn to take over as the global head of WhatsApp at Meta. Simultaneously, Meta has led a $900 million (₹8,550 crore) Series H funding round into CRED. Miten Sampat will take over as CRED's interim CEO.
Why It Matters
This is one of the biggest leadership and funding moves in Indian startup history — a founder of a major Indian fintech is now running one of the world's most-used apps, which hundreds of millions of Indians use daily.
🔒 Potential Impact + source link
Subscribe to unlock the impact analysis and original source for every story.