Boards & Corporate Governance
Meta Bets on CRED as Kunal Shah Takes WhatsApp Role
Meta will lead a $900 million funding round in CRED as founder Kunal Shah steps away from the Indian fintech to become WhatsApp’s global head.
Meta will lead a $900 million funding round in CRED as founder Kunal Shah steps away from the Indian fintech to become WhatsApp’s global head.
The move puts a fourth-generation leader at the top of the listed group as Godrej executes a succession plan first laid out in the family settlement of 2024 and reshuffles leadership across Godrej Industries, Godrej Agrovet and Astec LifeSciences.
The abrupt exit of HDFC Bank’s chairman, coupled with unusually sharp language in his resignation letter, has exposed a disconnect between board-level assurances and market expectations for transparency at a systemically important financial institution.
The storied venture firm turns the page on drama and zeroes in on the next wave of AI deals, with tighter coordination across stages.