PhonePe CEO Sameer Nigam apologized for comments on Karnataka’s job reservation bill, questioning job prospects. Emphasizing his 22-year Bengaluru connection, cultural respect, and PhonePe’s service to 55 crore Indians, he advocated merit-based hiring. The bill, mandating private and government job reservations, faced backlash and is on hold. PhonePe commits to creating thousands of jobs, leveraging Bengaluru’s technological capabilities.
