Flipkart co-founder Binny Bansal has stepped down from Indian fintech PhonePe's board of directors, three quarters after making a similar move at the Binny Bansal, who undertook the acquisition of PhonePe by Flipkart in 2016,

Binny Bansal, Flipkart co-founder, has stepped down from the PhonePe board. His exit marks another milestone in his entrepreneurial journey, as he shifts focus to his latest venture, OppDoor. PhonePe founder Sameer Nigam expressed gratitude for Bansal’s strategic guidance and mentorship over the years.

BENGALURU: Flipkart’s co-founder Binny Bansal has stepped down from PhonePe board, the payments company announced on Friday. This comes nearly 10 months after he exited Flipkart board. Bansal acquired PhonePe in 2016 and has been on its board since then.

Binny Bansal steps down from PhonePe’s board, ending his long-term association with the company after supporting its growth since Flipkart’s acquisition of PhonePe in 2016.

PhonePe has appointed Manish Sabharwal, vice-chairman of Teamlease Services, as an independent director and chair of its audit committee

Flipkart co-founder Binny Bansal steps down from PhonePe board, replaced by Manish Sabharwal as Independent Director and Chair of Audit Committee. Learn more about the board rejig.

Flipkart co-founder Binny Bansal has resigned from the board of directors at PhonePe. The decision comes three quarters after he had made a similar move at Flipkart. Bansal played a key role in Flipkart's acquisition of PhonePe in 2016 and has been on the board of the fintech firm since then.

MUMBAI: Flipkart co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech which the e-commerce firm had acquired in 2016 under Bansal's watch and has now separated from Flipkart.