PhonePe CEO apologises for lashing out at Karnataka reservation bill

Sameer Nigam, chief executive officer and founder of fintech giant PhonePe, on Sunday evening, offered an unconditional apology if his recent statement related to Karnataka’s job reservation bill had hurt anyone’s sentiments.

Nigam recently voiced strong opposition to the Karnataka government’s proposed private jobs quota bill, which seeks to reserve a substantial portion of private sector jobs for locals.