PhonePe Insurance Arm’s CEO Vishal Gupta Steps Down

In another leadership exit at IPO-bound fintech major PhonePe, PhonePe Insurance Broking Services’ CEO Vishal Gupta has quit and founded a new stealth startup. Taking to LinkedIn, G upta said that he is moving on from PhonePe to “build from scratch, solve hard problems, find PMF, and earn the right to scale.” The IIM-B alum joined PhonePe as VP for product, UX/UI, risk and CX in 2016. He was elevated to helm the insurance vertical of the Walmart-owned fintech company in November 2023.