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Binny BansalTechCrunch
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Flipkart co-founder Binny Bansal has stepped down from PhonePe ’s board of directors.
PhonePe , a fintech startup, was valued at $12 billion in funding rounds that netted about $850 million last year .
Manish Sabharwal , an executive at staffing and HR firm Teamlease , will be an independent director and audit committee chair.
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