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Kunal Shah, the brain behind CRED, the credit card rewards platform, has stepped down from his role to join WhatsApp as its new global CEO. Shah shared his extraordinary journey of a small boy, many startup failures, and transforming one of India's most successful fintech unicorns in a touching social media post.

Meta's big bet on Shah and his proven track record of scaling their products for Indians demonstrates the company's faith in his ability to do so. Shah will replace Will Cathcart and drive WhatsApp's growth in payments and commerce, as well as engagement in emerging markets.

Miten Sampat will take over as interim CEO of CRED. Shah thanked his team and investors, giving this new role a title of “next big challenge” in his entrepreneurial journey. The announcement has generated a lot of interest among startups and tech communities alike, and it is definitely a proud moment for Indian talent in the global community. Even today, Shah's tale continues to inspire millions of budding entrepreneurs.