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Suhail Sameer continues to be CEO, board member of BharatPe: co-founder Shashvat Nakrani

Ashneer Grover is co-founder and managing director of BharatPe, a company that was better known for its QR code aggregator

February 05, 2022 / 05:48 PM IST

BharatPe's co-founder Shashvat Nakrani expressed his support for Suhail Sameer even as the other co-founder and former CEO Ashneer Grover has withdrawn his nomination, the company said on February 5.

"I have neither given my consent nor sought the removal of Suhail Sameer from the board of BharatPe and fully support his continuance on the board," Nakrani said in a statement.

He was one of the two joint nominees along with Grover who had nominated Sameer to the board of directors. As per the article of association of BharatPe, the founders have the right to jointly nominate and maintain two directors on the board.

In an interaction with Moneycontrol, Grover said he had written to the board withdrawing his nomination as he had lost confidence in Sameer.