Page 3 of BharatPe

Sequoia, which is the largest shareholder in BharatPe where co-founder Ashneer Grover was virtually sacked from his role, in a blog said it won't hesitate to act to protect the interest of shareholders and employees even if it costs it financially.

Will continue to respond strongly to wilful misconduct, fraud, says BharatPe investor Sequoia Capital

“We will take tough calls where needed in the interest of doing what is right,” it said without directly mentioning…

Updated: April 17, 2022 17:37 IST

He further said Sameer was under the influence of “alcohol and drugs” while commenting on the LinkedIn post, and sought an investigation by the board.

Fresh spat: Ashneer Grover seeks BharatPe CEO’s ouster

Responding to the LinkedIn debacle, Grover penned down a lengthy note to the BharatPe board stating that Sameer’s conduct on…

April 9, 2022 06:15 IST

Ashneer Grover writes to Bharatpe board for action against CEO, demands chairman’s resignation

In response to a comment by Ashneer’s sister Aashima on a social media post by former Bharatpe employee Karan Sarki,…

April 8, 2022 14:56 IST

I did what is right for company: BharatPe CEO Suhail Sameer

BharatPe, which allows shop owners to make digital payments through QR codes, last month, stripped Ashneer Grover of all titles…

April 5, 2022 21:19 IST

BharatPe enters gold loan segment; eyes disbursals of Rs 500 crore this year

For launching gold loans, BharatPe has partnered with a few NBFCs, and will be offering loans of up to Rs…

Updated: March 14, 2022 20:38 IST

Ashneer Grover, wife Madhuri Jain pay Rs 8.2 crore advance tax

Former BharatPe managing director Ashneer Grover has paid 7.1 crore as advance tax for the assessment year 2022-23, persons in…

March 10, 2022 08:45 IST

Board acted quickly, decisively: BharatPe co-founder Shashvat Nakrani on unseating Ashneer Grover

BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and…

March 7, 2022 14:59 IST

BharatPe accuses Grover family of swindling company funds, vows to take legal action

BharatPe said that the board of directors will now look to further strengthen the fintech firm’s corporate governance, including the…

Updated: March 2, 2022 20:46 IST

BharatPe strips Ashneer Grover of co-founder tag; may claw back some of his shares

“The board will not allow the deplorable conduct of the Grover family to tarnish BharatPe’ s reputation or that of…

Updated: March 2, 2022 16:14 IST

Ashneer Grover quits BharatPe ahead of board meet; firm to discuss PwC report on financial irregularities

BharatPe confirmed Grover’s departure from the company in an official statement.

March 2, 2022 03:15 IST

Housing.com, BharatPe and the start-up space: Many founders, promoters had uneasy relationship

Housing.com, which was once considered as one of the leaders in the online real estate space in its early years,…

March 2, 2022 02:45 IST

Ashneer Grover quits as BharatPe MD soon after getting board meeting agenda

Fintech firm BharatPe’s managing director Ashneer Grover has resigned minutes after receiving an upcoming board meeting agenda, which included consideration…

Updated: March 1, 2022 15:09 IST

Grover was represented by Karanjawala & Co, while BharatPe was represented by senior counsel Abhishek Singhvi.

BharatPe probe: No relief for Ashneer Grover from Singapore arbitrator

A PTI report quoting anonymous sources said that the emergency arbitrator (EA) of the special arbitration court has rejected all…

February 28, 2022 04:15 IST

Sordid saga: BharatPe sacks Madhuri Jain for swindling funds; Ashneer Grover slams Rajnish Kumar

In the letter, Grover stated that the involvement of Kumar in the ‘episode’ has confirmed his apprehensions that “ the…

February 24, 2022 04:00 IST

BharatPe sacks co-founder Ashneer Grover’s wife Madhuri Jain over financial irregularities

Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the…

Updated: February 23, 2022 17:05 IST

BharatPe fight spills over to Singapore: Ashneer Grover files arbitration plea

The report outlined two instances of financial transactions approved by Jain using invoices that were made to “non-existent” vendors.

February 23, 2022 03:45 IST

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