As I move on to my next adventure, I strongly believe that WhatsApp has the power to phenomenally transform digital payments and financial inclusion in India and I look forward to seeing it leverage its potential in the coming years,” Choletti wrote on LinkedIn late Tuesday. Meta has seen a series of changes in executive roles in the recent months. WhatsApp’s India head Abhijit Bose, Meta’s public policy director in India Rajiv Aggarwal and Meta’s India head Ajit Mohan had resigned in November.
Meta did not immediately respond to Reuters request for comment. Meta has seen a series of changes in executive roles in the recent months. WhatsApp’s India head Abhijit Bose, Meta’s public policy director in India Rajiv Aggarwal and Meta’s India head Ajit Mohan had resigned in November.
Meta did not immediately respond to Reuters request for comment. Choletti took charge of WhatsApp Pay in India following Manesh Mahatme’s exit in September to join Amazon.
Before joining WhatsApp Pay in October 2021 as the head of Merchant Payments, Choletti had worked at Amazon for seven years, according to his LinkedInprofile. WhatsApp, the messaging service owned by Meta, been trying to lure more Indians to its peer-to-peer payments service as it tries to ramp up in a highly competitive market and lock horns with more established payers such as Alphabet Inc’s Google Pay, Ant Group-backed Paytm and Walmart’s PhonePe.
Meta was in the middle of massive layoffs last month, cutting more than 11,000 jobs or 13% of its workforce, as the Facebook parent doubled down on its metaverse bet amid a crumbling advertising market and decades-high inflation. Vinay Choletti, head of WhatsApp’s India payment business, has quit the firm within four months in the role, marking the latest in a series of domestic senior-level departures at parent company Meta Platform Inc As I move on to my next adventure, I strongly believe that WhatsApp has the power to phenomenally transform digital payments and financial inclusion in India and I look forward to seeing it leverage its potential in the coming years,” Choletti wrote on LinkedIn late Tuesday. Meta has seen a series of changes in executive roles in the recent months. WhatsApp’s India head Abhijit Bose, Meta’s public policy director in India Rajiv Aggarwal and Meta’s India head Ajit Mohanhad resigned in November.Metadid not immediately respond to Reuters request for comment. Any inflation rate essentially tells us the rate at which prices have been rising in an economy. As such, an inflation rate is expressed as a percentage. If the prices of onions rose from Rs 10 a kg last year to Rs 15 a kg this year, the inflation rate will be 50%. That’s because a kg of onion is Rs 5 — that is, 50% — more than the base price (Rs 10) in this example. For every month, inflation rates are calculated both on a year-on-year basis Facebook plans to rename itself. And the change could be announced at the company’s annual Connect Conference on October 28 or earlier, according to a report by The Verge. For Facebook, the ‘rebranding’ isn’t just about a switch in the company name but a reflection of the company’s growing ambitions and focus on a new area: metaverse.
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