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Shivnath Thukral Appointed VP of Public Policy and Government Affairs at PhonePe

PhonePe has appointed Shivnath Thukral as its new Vice President for Public Policy and Government Affairs, effective July 15, 2025. In his new role, Thukral will be responsible for leading external policy engagement, driving regulatory discussions, and shaping strategic public affairs initiatives. He will work closely with the company’s leadership, including co-founders Sameer Nigam and Rahul Chari, to enhance PhonePe’s position as an innovator in the Indian fintech space.

Thukral brings extensive experience in public policy and regulatory strategy, having previously served as Vice President of Public Policy at Meta. During his tenure there, he was instrumental in addressing technology and financial inclusion challenges and contributed significantly to regulatory and industry dialogue. He has also held key roles in influential policy forums such as the Broadband India Forum (BIF), US-India Strategic Partnership Forum (USISPF), and the Public Affairs Forum of India (PAFI), solidifying his reputation as a seasoned policy professional.

Sameer Nigam welcomed Thukral, highlighting his deep understanding of policy and advocacy and expressing confidence in his ability to drive meaningful impact at PhonePe.

PhonePe, one of India’s top fintech companies, has a user base exceeding 600 million and a merchant network spanning over 40 million businesses. It processes more than 330 million daily transactions with an annualized TPV exceeding ₹150 lakh crore. 

Beyond digital payments, PhonePe’s portfolio includes financial product distribution and consumer tech ventures such as Pincode and Indus AppStore, all aligned with its mission to unlock financial access and opportunity for every Indian.

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