Indus Appstore co-founder Akash Dongre exits after 150M-user milestone
Akash Dongre, co-founder and CPO of PhonePe-owned Indus Appstore, has stepped down after more than a decade. His exit follows the platform's February 2024 launch, Xiaomi onboarding in March 2025, and crossing 150 million users across 12 Indian languages. Operations continue under new leadership.
What happened
Akash Dongre, co-founder of PhonePe-owned Indus Appstore, has stepped down after over a decade. He cited milestones including the February 2024 launch, Xiaomi
Key facts
- 150 million users
- 12 Indian languages
Why this matters
Indus Appstore's 150M-user, 12-language footprint plus Xiaomi OEM deal makes it a credible Google Play alternative—leadership transition could open partnership or co-investment windows.