BharatPe appoints Suhail Sameer as Group President

BharatPe, a merchant payment and lending network company, has fortified its leadership team by appointing Suhail Sameer as Group President. Sameer along with Ashneer Grover, CEO and Co-Founder, will have overall responsibility for building the organisation, merchant network, business and revenue.

An IIM Lucknow and DCE alumnus, Sameer is the first Group President at BharatPe and will have all the CXOs report to him. Winner of Economic Times Most Promising Leader of Asia Award, Sameer has extensive experience of working with companies from the consumer (FMCG, retail) and consumer technology sectors, and with institutional investors. He has built businesses from scratch, as well as helped turn around and grow existing companies.

Featured as Business World 40 under 40 in the year 2019, Sameer at RP-Sanjiv Goenka Group, launched and scaled the multi-brand FMCG business for the Group. He set up and led their consumer VC fund, RPSG Ventures. Additionally, he drove growth and portfolio decisions across many group companies. Sameer is also the Managing Partner at OTP Venture Partners, which invests in early-stage companies across consumer, consumer tech, and SaaS spaces.

In his early career, Sameer led McKinsey’s clean-tech practice for South Asia and the power practice for India.

Grover said, “I am super excited to welcome Suhail Sameer in his new role as the Group President. Suhail is a top-class professional operator and has remarkable track record of delivering – whether it is building businesses ground up or managing conglomerates. The Founders and the Board are extremely excited to entrust Suhail with building the business and revenue on back of BharatPe’s brand and network that has been created over last two years. Look forward to him leading us to 10X growth from here on.”

Sameer said, “There is hardly another startup better positioned to solve merchant’s capital and payment requirements in the country than BharatPe. I have been in touch with Ashneer and the team for over a year now, and I have immense conviction in the mission of the company. BharatPe has emerged even stronger from the current Covid scenario, doubling its market share, which is truly remarkable.”

“I am excited to work with BharatPe team and Ashneer to build a category-leading business with best-in-class economics,” Sameer added.

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