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PhonePe CEO exits Share Market CEO role after four years to relaunch his next venture

Technology
Published on 1 May 2026
PhonePe CEO exits Share Market CEO role after four years to relaunch his next venture

He calls the exit a relaunch, not a goodbye

Ujjwal Jain, CEO of PhonePe’s stock trading platform Share.Market, has stepped down after four years. Jain launched Share.Market in August 2023 and previously built WealthDesk and OpenQ before PhonePe acquired them. The departure comes as PhonePe has reportedly postponed its IPO plans, raising questions about the platform’s next phase.

  • Ujjwal Jain stepped down as Share.Market CEO
  • He launched Share.Market in August 2023
  • The exit follows PhonePe postponing IPO plans
  • Jain frames it as a relaunch for a new venture
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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