Driving Diversity – How PhonePe is building an inclusive leadership team

In March this year, PhonePe announced its Diversity & Inclusion initiative with the first phase focusing on gender, sexual orientation and people with disability (PWD). Of these, both sexual orientation (LGBTQI) and PWD initiatives focused on building awareness.

For gender, the approach was more specific: to hire and develop more women at the top two levels of senior leadership (Directors & Vice Presidents). Globally, research has shown that teams with women at the helm tend to attract and retain a higher proportion of female talent, creating a positive flywheel of success. PhonePe’s approach has borne fruit, with the company being able to increase representation of women in leadership from 13% to 18% within just 6 months of the launch of its D&I initiative. We spoke to a few senior women leaders in the company to understand their experience and what the company is doing right.