Tag: Kunal Shah

Meta's Cred deal showcases new playbook: take stake, hire the founder
Posted in Startups

Meta’s Cred deal showcases new playbook: take stake, hire the founder

Meta‘s $900 million investment in Cred and the appointment of the fintech’s founder Kunal Shah as WhatsApp‘s new global head are the latest in a…

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Kunal Shah. (Official image)
Posted in Business

Tech Tonic | Kunal Shah is the man Meta trusts with WhatsApp’s future

There are two clear headlines that have shaped up in the last few hours. First, tech giant Meta is investing $900 million (that’s around ₹8,550…

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Kunal Shah's appointment puts an Indian founder at the helm of WhatsApp, which has 3.3 billion monthly active users worldwide. (Instagram/@kunalb11)
Posted in Business

Cred founder Kunal Shah to be WhatsApp’s global head, Meta says he brings ‘builder mentality’

Social media giant Meta Platforms Inc. has named fintech entrepreneur Kunal Shah as the new global head of WhatsApp, pulling off an unusual executive crossover…

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“Kunal built Cred into one of India’s most important technology companies, and he brings the kind of builder mentality and global perspective that will serve him well in running the world’s biggest massaging app,” Meta CEO Mark Zuckerberg wrote in a post. (Photo: Instagram/@kunalb11)
Posted in Business

Cred founder Kunal Shah to be new boss of WhatsApp, Meta pumps $900 million to take stake in his company

Meta Platforms Inc is investing $900 million into Indian fintech startup Cred, and announced to appoint its founder, Kunal Shah, the new leader of WhatsApp….

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Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrow
Posted in Startups

Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrow

Fintech startup Cred reported consolidated operating revenues of Rs 2,735 crore in FY25, a 16% increase over the previous year, as higher product adoption helped…

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