161 BharatPe, a fintech company that recently ousted co-founder Ashneer Grover over allegations of financial misappropriation, is undergoing a leadership transition. CEO Suhail Sameer is stepping down from the company and an announcement about the change is expected later this month. This news follows the departures of three senior executives at the company last month: CTO Vijay Aggarwal, PostPe head Nehul Malhotra, and Chief Product Officer for lending and consumer products, Rajat Jain. The company is currently working to put the negative publicity surrounding the allegations against Grover behind it and to transform itself into a professionally run firm. It is also preparing for an IPO in the next 18-24 months and is focused on achieving profitability. These developments come at a time when the company is facing challenges and trying to move forward with a solid leadership team in place. It remains to be seen how the leadership transition will impact the company’s plans and goals moving forward. You Might Be Interested In Sheryl Sandberg, Longtime Chief Lieutenant of Mark Zuckerberg, Bids Farewell to Meta’s Board After 14 Years Amphenol Corporation Completes Acquisition of CIT Business From Carlisle IBM and Chewy Resolve Patent Dispute Concerning Internet Ad Technology Ford, Toyota, and Honda Prepare for Electric Vehicle Future with Mapping Efforts Molina Healthcare Secures Michigan Medicaid Contract Robinhood CEO Affirms the Endurance of Payment for Order Flow