BharatPe co-founder Ashneer Grover takes voluntary leave till March-end

Board accepts his decision, agrees it is in the best interests of the company, staff, investors and merchants. Adds BharatPe will continue to be led by CEO Suhail Sameer

Ashneer Grover, co-founder and MD, BharatPe is going on a voluntary leave of absence till March-end. The BhartPe board has accepted his decision. The company said CEO Suhail Sameer will continue to lead the management team.

In a statement, the company described the decision as "in the best interests of the company, our employees and investors, and the millions of merchants we support each day". It added that "Ashneer has co-built BharatPe from scratch and his decision is consistent with his passionate commitment to the future success of the company".  

The news follows the controversy over Grover and his wife