PhonePe Insurance CEO Vishal Gupta steps down to start new venture
Earlier this year, PhonePe's Share.Market and wealth business head Ujjwal Jain stepped down after four years with the company.
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Earlier this year, PhonePe's Share.Market and wealth business head Ujjwal Jain stepped down after four years with the company.
The funding round also saw participation from Aramco Ventures and a group of Silicon Valley angel investors.
In a LinkedIn post, Jain described his exit as the close of a long phase and the beginning of something new.
Ternus takes over at a moment when Apple is under increasing pressure to define its position in the AI race.
In his new role, Singh will be responsible to create an accessible investment platform that enables all investors to use its services.
The bank clarified that withdrawing the resolution does not amount to dropping Gupta's candidacy altogether.
It added that the core Perfios business will continue to be led by Sabyasachi Goswami.
The appointment comes after Rishi Gupta, MD and CEO, was arrested late last month under the GST Act.
The board has also appointed Neharika Vohra as an additional woman director.
Sridhar earlier held leadership roles at BNP Paribas, Citibank and Deutsche Bank.
Prior to this appointment, Rai held several critical positions in the Indian Navy, including Joint Director at the Directorate of Marine Engineering.
Sutskever also said Daniel Levy will become the startup's president.
Paytm said it sees strong potential to expand its technology-driven merchant payments and financial services distribution model to international markets.
The company has appointed Rajiv Naresh as the CEO of Navi Technologies Limited and Abhishek Dwivedi as the CEO of Navi Finserv Limited.