August 6, 2026
Article News

IPO-bound PhonePe appoints Srijon Biswas as CTO, Rahul Chari takes over as CPTO

  • July 8, 2026
  • 0

Digital funds and fintech platform PhonePe has appointed Srijon Biswas as its chief expertise officer, because the Indian fintech firm continues to develop its digital monetary providers enterprise.

IPO-bound PhonePe appoints Srijon Biswas as CTO, Rahul Chari takes over as CPTO


Digital funds and fintech platform PhonePe has appointed Srijon Biswas as its chief expertise officer, because the Indian fintech firm continues to develop its digital monetary providers enterprise.

Biswas, who has been a part of PhonePe’s expertise leadership for a number of years, will lead the corporate’s engineering organisation. He’ll proceed to report back to co-founder Rahul Chari.

Chari, who beforehand served as chief expertise officer, will tackle the position of chief product and expertise officer. He’ll oversee product and expertise capabilities, together with belief and security, information science and analytics, buyer expertise, and different strategic initiatives throughout the PhonePe Group.

The management change comes as PhonePe builds out companies past funds, together with lending, insurance coverage distribution and Share.Market, its stockbroking and mutual funds distribution platform.

“As PhonePe continues to develop and develop, strengthening our expertise management is a pure step. Srijon’s appointment ensures we proceed to take a position deeply in engineering excellence whereas constructing the expertise platforms,” Chari mentioned.

Biswas mentioned he was honoured to tackle the position at this stage of PhonePe’s progress.

“I’m excited to work with our immensely proficient groups to proceed pushing the boundaries of innovation, reliability, and scale as we construct merchandise that serve a whole lot of thousands and thousands of Indians,” he mentioned.

The appointment follows different latest management adjustments at PhonePe. The corporate has moved its insurance coverage enterprise beneath its client funds unit after Vishal Gupta, who led the division, left to pursue an entrepreneurial enterprise. Sonika Chandra, chief enterprise officer for client funds, has taken on further accountability for the enterprise.

PhonePe’s inventory investing platform Share.Market additionally noticed a management change earlier this 12 months, after Ujjwal Jain left to start out Atyx.ai. Vijay Ajmera was appointed to guide the enterprise.

PhonePe, which was spun out of Flipkart and redomiciled in India, quickly paused its deliberate public itemizing in March, citing geopolitical tensions and volatility in international capital markets.

As of April 2026, PhonePe mentioned it had greater than 70 crore registered customers and a digital funds acceptance community of greater than 5 crore retailers.