Tech

Head of WhatsApp Pay in India quits within four months of taking responsibility


Vinay Choletti, head of WhatsApp payments in India, has left the company within four months of this role, marking the latest departure in a series of senior domestic departures at the company. Mother Meta Platform.

“As I move on to my next adventure, I strongly believe that WhatsApp has the extraordinary potential to transform digital payments and financial inclusion in India and I look forward to seeing it realize its potential in the years to come,” Choletti wrote on Twitter. LinkedIn late Tuesday.

meta has seen a flurry of changes in executive roles in recent months. WhatsApp India head Abhijit Bose, Meta India public policy director Rajiv Aggarwal and Meta India head Ajit Mohan resigned in November.

Meta did not immediately respond to Reuters’ request for comment.

Choletti is in charge WhatsApp pay in India after Manesh Mahatme left in September to join Amazon.

Before joining WhatsApp Pay in October 2021 as head of Merchant Payments, Choletti worked at Amazon for seven years, according to his LinkedIn profile.

WhatsApp, the messaging service owned by Meta, is trying to attract more Indians to its peer-to-peer payments service as it struggles to emerge in a highly competitive and lucrative market. more reputable payers like Alphabet‘S Google paysPowered by Ant Group pay and Walmart‘S PhonePe.

Meta is in the midst of mass layoffs last month, cutting more than 11,000 jobs or 13% of its workforce. Facebook The parent company has doubled its metaverse bet amid a crumbling advertising market and decades-high inflation.

© Thomson Reuters 2022


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