PhonePe Names Srijon Biswas CTO As Cofounder Rahul Chari Shifts To CPTO
PhonePe elevated Srijon Biswas to CTO while cofounder Rahul Chari takes on a combined CPTO role, amid multiple leadership exits and a paused ₹12,000 Cr India IPO. The UPI leader grew revenue to ₹7,114.8 Cr in FY25 but posted a ₹1,727.4 Cr net loss.
PhonePe elevated Srijon Biswas to CTO while cofounder Rahul Chari becomes CPTO, amid multiple leadership exits and a paused India IPO. UPI payments leader posted growing revenues but continued losses in FY25 and H1 FY26.
Why this matters
The CTO appointment follows a run of leadership shifts at PhonePe, echoing prior signals on Biswas's promotion and Chari's move to CPTO, as the UPI leader navigates exits and a paused IPO.
Leadership signals steady with 655 recorded in the last 90 days.