Flipkart co-founder Binny Bansal steps down from PhonePe board, marking complete exit from Walmart’s India business

Binny Bansal has left PhonePe’s board. He previously left Flipkart’s board. PhonePe appointed a new director, Manish Sabharwal. PhonePe separated from Flipkart. The company is preparing for an IPO. PhonePe leads India’s digital payments market.