Kapany had been the marketing head of Paytm and a member of Campaign's APAC Power List.
To be replaced by Abhinav Kumar, the Indian financial services giant's VP of product marketing.
Having flexed Paytm's marketing muscle by netting the sponsorship of India's cricket team, Paytm's CMO is now focused on making his company's QR code ubiquitous in a cutthroat market for digital payments.
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