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Fintech major PhonePe appoints new board member as it prepares for IPO
Fintech major PhonePe has appointed former Standard Chartered Bank India chief executive officer Zarin Daruwala to its board as the company prepares for its IPO.
The PhonePe board includes senior Walmart executives John David Rainey, Donna Morris, Leigh Hopkins; TeamLease vice-chairman Manish Sabharwal; IAS officer Tarun Bajaj; PhonePe chairman Rohit Bhagat; and co-founders Sameer Nigam and Rahul Chari.
PhonePe is the largest player on India's real-time payments system Unified Payments Interface (UPI). It reversed its listing from Singapore to India in 2022.
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