Kunal Shah On Why India Should Treat AI like WhatsApp and LED Bulbs

The debate around whether India should build its own foundational AI models in AI has now reached CRED CEO Kunal Shah. In a fireside chat with Harshil Mathur, CEO of Razorpay, at the FTX'25 event, Shah said he is worried that India is focusing on the wrong discussion. "We didn't question why India didn't invent WhatsApp or LED bulbs. We just adopted them and became the best at using them. That should be our approach with AI," Shah argued. "We built UPI; we are the beneficiaries of that. The world should be copying that." Shah said the question we should…