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Kunal Shah is WhatsApp CEO as Meta leads $900 million financing in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...
Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...
Kunal Shah's WhatsApp appointment underscores India's expanding Big Tech footprintKunal Shah, CRED founder, is set to lead WhatsApp globally, joining a distinguished line of Indian-origin tech leaders. This appointment hi...
Meet Kunal Shah, serial entrepreneur and Meta's pick to lead WhatsAppIndian tech entrepreneur Kunal Shah is set to lead WhatsApp, the world's largest messaging platform, succeeding Will Cathcart. Shah, the fo...
'Kunal was the clear choice': Meta's Chris Cox on WhatsApp leadership changeWhatsApp's long-serving chief, Will Cathcart, is moving to a new product development role at Meta after nearly seven years. Cred founder Ku...
Who is Kunal Shah? CRED founder who sold FreeCharge for ₹2,800 crore, built CRED into a $325M fintech giant, and now set to lead WhatsAppKunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED ...
Family bankruptcy meant Kunal Shah could not afford BTech, studied philosophy and did data entry operator jobs. Cred founder is WhatsApp's new global bossKunal Shah’s journey to becoming Meta’s new global head of WhatsApp is far from the typical startup success story. After his family went ba...
Who is Will Cathcart? WhatsApp leader exits after steering it through privacy battles, monetisation pushCathcart’s departure comes at a time when WhatsApp is in the middle of a transition. Under him, the platform recently rolled out Meta’s AI ...
Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...
Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
Amazon's Now pivot; Anthropic's revenue surgeAmazon is shuttering its Fresh service in major cities to focus on its quick commerce platform. This and more in today's ETtech Top 5.
OpenAI’s $110 billion mega round; Vaishnaw demands fair creator payOpenAI locked in one of the largest private capital infusions in history. This and more in today’s ETtech Top 5.
Going vocal with local on LLMs; and other top tech, startup stories this weekWhile tech biggies including Microsoft, Google, and Meta are leading the charge on AI, more localised contingents are emerging across geogr...
Consumer tech market set for growth surge; Kunal Shah on fintech regulationsThe consumer technology market in India will likely touch $300 billion in the next four years, while online retail could top $160 billion b...
Entrepreneurs flag lack of ‘credence’ as IAMAI not representing their interests, favouring Big TechThis signals a deepening of the chasm between the interests of global internet majors such as Google and Facebook and that of the local sta...
Cred’s NBFC may raise $50-70 million; MapmyIndia CEO wants internet body IAMAI to reflect Indian voicesKunal Shah-owned Newtap Technologies, which acquired Parfait Finance, an RBI-registered NBFC, is in talks to raise equity capital from Cred...
ETtech Deals Digest: Ray of sunshine amid funding winter for Indian startupsAs the funding winter continues to trouble Indian startups, there is a tiny glimmer of hope in form of grants and potential investment.
Coinbase sacks 8% of India team; UpGrad bags $225 million, bucks edtech trendCoinbase’s share price is down an eye-popping 80% since the start of the year, making bitcoin’s 54% drop look like a minor blip.
Paytm Payments Bank denies it leaked data to China; Trell to lay off hundreds of employeesBloomberg reported that the RBI acted against Paytm Payments Bank as it had allegedly leaked data to entities in China. The company has ref...
Crypto bill may skip winter session; SoftBank bets on Indian fintech againNow, having listed the bill for the winter session, the government may back out again for – you guessed it – more reworking. Crypto deja vu...