Daily Updates PhonePe Appoints Srijon Biswas as CTO, Elevates Rahul Chari to CPTO Adarsh SinghJuly 8, 202608 views What Does PhonePe’s Latest Leadership Reshuffle Mean? Digital payments and fintech platform PhonePe has appointed Srijon Biswas as its new Chief Technology Officer (CTO) as the company strengthens its technology leadership to support its next phase of growth. Alongside the appointment, co-founder Rahul Chari has been elevated to the newly expanded role of Chief Product and Technology Officer (CPTO). The leadership changes come as PhonePe continues to invest heavily in engineering, product development, and platform capabilities while expanding beyond digital payments into a broader financial services ecosystem. Who Is Srijon Biswas and What Will He Lead? Srijon Biswas has been associated with PhonePe for several years, leading engineering across multiple business functions and playing a key role in scaling the company’s technology infrastructure. As CTO, Biswas will now head PhonePe’s engineering organisation, overseeing technology development, platform reliability, scalability, and engineering execution across the company. He will continue to report directly to co-founder Rahul Chari. Commenting on his appointment, Biswas said he looks forward to working with PhonePe’s engineering teams to drive innovation, improve platform reliability, and build products that serve hundreds of millions of users across India. Dream Sports CTO Amit Sharma Exits After 10 Years to Launch AI Startup READ MORE What Will Rahul Chari’s Expanded Role Include? As part of the organisational restructuring, Rahul Chari will assume the role of Chief Product and Technology Officer (CPTO). In his expanded position, Chari will oversee not only the company’s technology and product strategy but also lead critical functions including trust and safety, data science and analytics, customer experience, and several strategic initiatives across the broader PhonePe Group. The move reflects PhonePe’s increasing focus on integrating product innovation, engineering, customer experience, and security under a unified leadership structure. How Is PhonePe Expanding Beyond Digital Payments? PhonePe said it continues to invest significantly in technology, engineering talent, and platform capabilities to support its growing portfolio of financial and consumer services. As of April 2026, the Walmart backed fintech platform had more than 700 million registered users and a merchant acceptance network spanning over 50 million businesses across India. Over the past few years, PhonePe has diversified beyond UPI payments into insurance distribution, lending, wealth management, stockbroking, and other digital financial services, making technology leadership increasingly important as the platform scales. What Does This Mean for PhonePe’s Growth Strategy? The appointment of Srijon Biswas as CTO highlights PhonePe’s continued emphasis on building a strong engineering-led organisation capable of supporting rapid innovation and large scale digital infrastructure. With Rahul Chari focusing on product strategy and group-wide technology initiatives, while Biswas leads day-to-day engineering execution, PhonePe is strengthening its leadership structure ahead of its next phase of business expansion. As India’s digital financial services market continues to grow, investments in engineering, artificial intelligence, platform reliability, and customer experience are expected to remain central to PhonePe’s long term strategy.