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,

Flipkart founder Binny Bansal has stepped down from the board of PhonePe, the company said. This comes after Bansal — who set up a new venture, ecommerce services platform OppDoor — left the Flipkart board in January.

Digital payments giant PhonePe has appointed Manish Sabharwal as an independent director and chair of its audit committee. In this role, Sabharwal will be upholding the integrity and effectiveness of PhonePe's financial reporting, internal controls, and risk management practices, the company said.

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 PhonePe, a fintech company Flipkart acquired in 2016. This follows Bansal's exit from Flipkart's board in January. He remains the largest individual minority shareholder in PhonePe with about a 1% stake.

Binny Bansal has stepped down from PhonePe’s board of directors, nearly ten months after making a similar move at the ecommerce major.

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.

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.