PhonePe-backed Indus Appstore's CEO Rakesh Deshmukh steps down:
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Rakesh Deshmukh, co-founder of the PhonePe-owned Indus Appstore, has stepped down as CEO after leading the company for a decade. This change comes as the company is gearing up to launch its Android mobile app marketplace, aiming to compete with Google's Play Store. Although Deshmukh's next steps are uncertain, he mentioned in a LinkedIn post that he is "taking a moment to recharge and prepare for the next impactful journey."