Flipkart’s Binny Bansal steps down from fintech major PhonePe board

About 10 months after stepping down from the Flipkart board, its co-founder Binny Bansal on Friday exited from the board of PhonePe, a payments company incubated by the e-commerce giant.

Bansal had quit Flipkart in January this year citing conflict of interest, after he had launched his new venture, OppDoor.

He was on the PhonePe board since 2016 when the Flipkart group acquired the payments firm.

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