Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Visa to Move European Headquarters to London’s Canary Wharf 
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
Oil Prices Hold Near Two-Week Highs as Markets Await Fed Rate Cut and Monitor Geopolitical Risks 
U.S. Stock Futures Hold Steady Ahead of Key Fed Decision 
Robinhood Expands into Indonesia with Strategic Crypto and Brokerage Acquisitions 
Global Currencies Steady Ahead of Key Central Bank Decisions 
China to Add Eli Lilly’s Mounjaro to National Health Insurance in 2025 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
UK Job Market Shows Persistent Weakness Ahead of November Budget 
Allegiant Air Faces Union Block in Bid for Foreign Pilots’ Green Cards Amid Staffing Challenges 
Airbus Faces Pressure After November Deliveries Dip Amid Industrial Setback 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
WhatsApp India’s director and head resigned from his post, and he is reportedly planning to move to Amazon. Manesh Mahatme has quit, and his exit comes at a time when the brand’s mobile payments business failed to ascend in the country as hoped.
WhatsApp did not reach any significant level of success in the payment business in India, and now sources are saying he is leaving the company and may join Amazon India. It was reported that he has become the director of products in the e-commerce unit of the company.
As per Reuters, Mahatme has only been working at WhatsApp Pay for a year and five months. He joined the firm in April 2021 as a director. Based on his LinkedIn profile, prior to his stint at the payment business unit of WhatsApp, he was a board member of Amazon Pay India from 2014 to 2021.
It is clear that Mahatme made the decision to return to his former company but will work in a different unit this time. He has been with Amazon Pay for almost seven years thus, he is already familiar with the company.
In his previous job post before jumping to WhatsApp India, he also led a team with crucial job roles including business development, sales leaders, senior product and engineering. They all work together to develop better payment schemes for customers of Amazon Pay and the brand’s stores and e-commerce platform.
"Manesh has played an important role in expanding the access to 'payments on WhatsApp' in India, and we wish him every success in his future endeavors,” Meta’s spokesperson told Moneycontrol in a statement. “Payments on WhatsApp is a priority for Meta and we will continue to innovate and drive momentum as part of our broader efforts to bring the 'next 500 million Indians' onto the digital payments ecosystem."
Meta owns WhatsApp, and with more than 500 million users in the country, India is currently the largest market for the payment app. However, even with this number of users, it still failed to take off in a big way. There was no mention yet of who will replace Manesh Mahatme.
