Indian startup head Kunal Shah appointed as new WhatsApp boss
Cathcart, who has led WhatsApp since 2019, oversaw a period of rapid expansion that helped the service become one of the world’s most popular messaging apps,…
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Summary
In 2018, Shah founded CRED, a fintech platform with 17 million monthly active users, after earlier building FreeCharge, one of India’s early digital payments startups. As part of the transition, Miten Sampat, who has overseen strategy and finance at CRED since 2020, will take over as interim chief executive with immediate effect. Since then, the company has aggressively expanded into offering wealth management, insurance and lending services to its 17 million users.
Furthermore, While India is WhatsApp's largest market - with over half a billion users, according to 2021 government figures - analysts say it has largely missed the chance to build an equally popular payments service.
One point remains disputed: Divergent figures — The announcement, made Monday night, was accompanied by news that Meta would also lead a… ; Technology Cred founder Kunal Shah's payments background seen as key to hiring Kunal….
Cross-referenced from 7 sources.
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In 2018, Shah founded CRED, a fintech platform with 17 million monthly active users, after earlier building FreeCharge, one of India’s early digital payments startups.
according to TechCrunchAs part of the transition, Miten Sampat, who has overseen strategy and finance at CRED since 2020, will take over as interim chief executive with immediate effect.
according to TechCrunchSince then, the company has aggressively expanded into offering wealth management, insurance and lending services to its 17 million users.
according to eNCA +2While India is WhatsApp's largest market - with over half a billion users, according to 2021 government figures - analysts say it has largely missed the chance to build an equally popular payments service.
according to eNCA +2
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Divergent figures
- The announcement, made Monday night, was accompanied by news that Meta would also lead a…CNBC Top News, CNBC — World News, Channel NewsAsia - Asia, Dawn - Home, Nikkei Asia, eNCA
- Technology Cred founder Kunal Shah's payments background seen as key to hiring Kunal…Channel NewsAsia - Asia, Nikkei Asia, TechCrunch
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Story timelinehow this story developed, day by day
Wednesday, June 24
- 23 h ago
Kunal Shah: The Indian entrepreneur taking charge of WhatsApp
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Tuesday, June 23
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Monday, June 22
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