WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah and invests $900M in startup
WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED to replace Cathcart.
WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED to replace Cathcart.
The short version
- The first StrictlyVC of 2026 hits SF on April 30.
- Founder Summit ticket savings of up to $190 end June 26.
- Join 1,000+ founders and VCs for all-day bootcamp.
- Meta is betting on India for WhatsApp’s next chapter, naming entrepreneur Kunal Shah to lead the messaging app and succeed Will Cathcart, who is stepping down after nearly seven years at the helm to take on a new product-building role at the company.
What happened
The first StrictlyVC of 2026 hits SF on April 30. Founder Summit ticket savings of up to $190 end June 26.
Why it matters
The move comes alongside a Meta-led $900 million financing round for Indian fintech giant CRED , structured through a combination of primary and secondary share purchases.
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