BharatPe CEO Suhail Sameer quits

BharatPe’s chief executive Suhail Sameer, who had a fall out with ousted co-founder Ashneer Grover, has stepped down, sending the company scouting for succession planning.

In a statement, BharatPe said, “Sameer will transition from chief executive officer to strategic advisor effective January 7, 2023.” It did not mention the reason behind Sameer’s resignation.

“This (new role for Sameer) will ensure a smooth transition for current CFO, Nalin Negi, who has been appointed interim CEO to partner with senior executives to bolster execution in all phases of the company’s business,” it said.