Kunal Shah steps down as promoter, board member of Cred on joining WhatsApp

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  "company": {
    "name": "CRED",
    "domain": "cred.club"
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    "url": "https://www.livemint.com/companies/people/kunal-shah-promoter-board-member-cred-whatsapp-meta-platforms-shareholding-11784023818673.html",
    "title": "Kunal Shah steps down as promoter, board member of Cred on joining WhatsApp - livemint.com",
    "contact": "Kunal Shah",
    "excerpt": "This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. New Delhi: Kunal Shah, who was roped in by Meta Platforms, Inc as WhatsApp’s new global chief executive, is no longer a promoter and board member at unicorn startup Cred, the company he founded eight years ago. Shah stepped down as promoter of the financial rewards company on 22 June by converting his 11.14% promoter shareholding in his personal capacity into public shares, according to documents filed with the ministry of corporate affairs by Dreamplug Technologies Private Ltd, Cred’s holding company. Mint accessed and independently reviewed the documents. Shah also resigned as a member of the board of directors of the company the same day, leaving him without a managerial seat on Cred’s table. He continues to hold about 20% in the startup in his own capacity as well as through his family investment office, QED Innovation Labs LLP. In his appointment announcement as the new WhatsApp chief, Shah said Meta Platforms will neither hold a board seat at Cred nor gain access to Cred’s customer database. It was not clear whether Shah stepped down as he took charge of WhatsApp’s global monetization plans because of a stipulation by Meta or voluntarily. Independent industry consultants said the move was largely in line with expectations. “Being the global chief of WhatsApp is a job that would consume all...",
    "summary": "Kunal Shah has stepped down as a promoter and board member of Cred, the company he founded, following his appointment as CEO of WhatsApp.",
    "location": "India",
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    "image_url": "https://www.livemint.com/lm-img/img/2026/07/14/1600x900/logo/3-0-77820093-Kunal-Shah-10-20190627-JM-0_1679797689961_1784029145949_fda5df47-c231-4ece-9a2d-9b9262974815.JPG",
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    "published_at": "2026-07-16T00:30:58Z",
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    "effective_date": "2026-06-22",
    "job_title_tags": [
      "directors"
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    "article_sentence": "Shah stepped down as promoter of the financial rewards company on 22 June by converting his 11.14% promoter shareholding in his personal capacity into public shares, according to documents filed with the ministry of corporate affairs by Dreamplug Technologies Private Ltd, Cred’s holding company.",
    "related_company_name": "WhatsApp",
    "related_company_domain": "whatsapp.com"
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"cred.club","limit":20}'