Meta’s India Gamble? WhatsApp Chief Shift and $900 Million Bet Signal Major Tech Move

Brief By Hindustan Times / 7:28 PM on 22 Jun 2026

Meta has appointed former CRED executive Kunal Shah to lead WhatsApp, replacing long-time chief Will Cathcart. Simultaneously, Meta invested $900 million in CRED, securing a significant stake in the fintech company. The dual move highlights Meta’s growing focus on India, strengthening its leadership, expanding digital services, and deepening investments in one of the world’s fastest-growing technology markets.