Meta India's revenue from operations grew by 25 percent YoY to Rs 3,792.9 crore in FY25 while total expenses increased by 22.6 percent.
Aman Jain's appointment as Meta's India public policy head comes at a time when the government is formulating a slew of tech and AI related regulations.
Meta has made a significant push in recent years to accelerate WhatsApp monetisation through ads and paid messaging. India plays a key role in these efforts
In his new role, Srinivas will focus on bringing the organisation’s business, innovation, and revenue priorities together to serve partners and clients.
Thukral, who joined Meta (then Facebook) in 2017, was with the company for nearly seven and a half years, serving in multiple policy roles.
Meta has also elevated Benjamin Joe as the regional vice president for the Asia Pacific region
Andhra Pradesh, Maharashtra, and Odisha are collaborating with Meta to launch WhatsApp-based chatbots for quick access to various services for citizens through a single number.
India is the biggest user market for Meta with over a billion users across its family of products that include Facebook, Instagram, and Messenger.
India is the largest market for Meta's family of apps, which includes Facebook, Instagram, and WhatsApp, with a combined user base of over a billion monthly users.
India could become an $8 trillion economy in the near future, with $1 trillion driven by digital initiatives, including gaming, said Meta's Sandhya Devanathan.
Sandhya Devanathan said that India is one of Meta's key priority markets for business messaging globally, with Click-to-WhatsApp revenue doubling in the country over the past year.
Devanathan, who is the Vice President of Meta in India, also spoke of the company's determination to crack down on misinformation on the platform and outlined how it is harnessing AI (Artificial Intelligence) to proactively curb hateful content.
The effort will foster social inclusion, improve government service delivery, and spur innovation using large language models, Generative AI, cognitive systems and translation models.