- GFF 2026: BharatPe launches agentic AI assistant for merchants, connects to over 60 live systems
BharatPe has launched an agentic AI assistant for merchants, which can perform actions across many live s ...More
BharatPe has launched an agentic AI assistant for merchants, which can perform actions across many live systems. This new assistant understands merchant needs and interaction history to provide better support. The company also introduced Credit Coach, an AI tool offering personalised credit health insights. ...Less

- Bajaj Finance buys 5% stake in AI video startup TrueFan
Bajaj Finance has successfully secured a five percent share in TrueFan AI, significantly strengthening th ...More
Bajaj Finance has successfully secured a five percent share in TrueFan AI, significantly strengthening their existing collaboration while emphasizing their commitment to artificial intelligence. The partnership aims to enhance multilingual communication and streamline digital onboarding processes. With the evolution into a 'FINAI' company, Bajaj Finance is positioning itself for future growth. This comes amidst heightened investor enthusiasm for Indian AI initiatives during the first half of 2026. ...Less

- If attackers are using AI, companies will have to use AI to defend themselves: Razorpay CEO
Cyber attackers are now using artificial intelligence to find system weaknesses. Companies must adopt AI- ...More
Cyber attackers are now using artificial intelligence to find system weaknesses. Companies must adopt AI-powered defenses to counter these evolving threats. Traditional security systems and human testers are insufficient against AI-driven attacks. Razorpay's CEO emphasises that defense must match the attacker's technological level. ...Less

- India-US trade deal ‘more or less’ finalised, framework for preferential access being worked out: Commerce Secretary Rajesh Agarwal
The India-US trade deal is nearly finalized, with both nations discussing preferential market access. Ind ...More
The India-US trade deal is nearly finalized, with both nations discussing preferential market access. India's free trade agreement with Chile is also in its final stages of negotiation. New Zealand FTA is expected to become active soon, potentially in October. Government efforts aim to reduce freight costs and support exporters effectively. India sees significant opportunities to expand its fintech services globally, especially in the Global South. ...Less

- Your bank account could one day become an AI agent: Perfios Group CEO Nitin Chugh
Bank accounts may soon act as AI agents, understanding finances and offering recommendations. These agent ...More
Bank accounts may soon act as AI agents, understanding finances and offering recommendations. These agents could coordinate, make decisions, and execute financial workflows efficiently. Agentic AI promises to transform processes like home loans, reducing completion times significantly. However, increased AI autonomy necessitates evolving controls and advanced cybersecurity measures. ...Less

- AI can speed business loans, but underwriters stay in charge: HyperVerge's Kedar Kulkarni
HyperVerge launched AI underwriting agents to speed business loan processing. These agents extract data f ...More
HyperVerge launched AI underwriting agents to speed business loan processing. These agents extract data from financial documents and assist in video discussions. Background checks are significantly reduced from hours to minutes. Human oversight remains crucial for final complex credit decisions. This technology aims to lower underwriting costs and expand credit access. ...Less

- GFF 2026: India should build fintech for the world, target $60-80 billion financial services exports, says Commerce Secretary Rajesh Agarwal
India aims to export digital financial services leveraging its fintech expertise. This expansion moves be ...More
India aims to export digital financial services leveraging its fintech expertise. This expansion moves beyond traditional IT and professional services exports. Fintech solutions like UPI demonstrate India's capability for global adoption. Digital lending and e-commerce exports also present significant international opportunities. India's government supports these ventures through various initiatives and agreements. ...Less

- Delhi HC restrains Unity SFB share capital move in BharatPe dispute
The proposal sought to increase the bank's authorised share capital from Rs 4,000 crore to Rs 4,900 crore ...More
The proposal sought to increase the bank's authorised share capital from Rs 4,000 crore to Rs 4,900 crore, and amend its memorandum of association to allow for the conversion of certain warrants, due to expire in October, into compulsorily convertible preference shares (CCPS). ...Less

- Fintechs tell NPCI its 'default app' plan could kill competition
Seven Indian fintech firms have written to NPCI regarding its UPI Meta protocol. They argue the proposed ...More
Seven Indian fintech firms have written to NPCI regarding its UPI Meta protocol. They argue the proposed framework risks locking customers into a single default payment app. This change could adversely impact competition and innovation within the digital payments ecosystem. The companies request broader consultation before NPCI proceeds with the framework. They believe the current UPI checkout flow does not require such a significant alteration. ...Less

- BharatPe Flex launched: Pay via UPI now, settle bills later with credit line and up to 45 days of interest-free usage
BharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible ...More
BharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible users to make UPI payments even without immediate funds. Customers enjoy up to 45 days of interest-free credit. They can repay in full or opt for flexible EMIs from 3 to 12 months. ...Less

- Bengaluru emerges as India's U30 capital as startup ecosystem turns DeepTech and hardware-focused: Priyank Kharge
Bengaluru has emerged as India's premier hub for young entrepreneurs, with 21 founders making it to the A ...More
Bengaluru has emerged as India's premier hub for young entrepreneurs, with 21 founders making it to the Avendus Wealth - Hurun India U30 List 2026. This surge highlights a significant shift towards DeepTech and HardTech sectors, including AI, SpaceTech, and EVs. The report underscores Bengaluru's robust innovation ecosystem and its growing influence in shaping India's future. ...Less

- BharatPe, Ashneer Grover end long-drawn courtroom battle: the story so far
Part of the shares held by Ashneer Grover will be transferred to the Resilient Growth Trust for the benef ...More
Part of the shares held by Ashneer Grover will be transferred to the Resilient Growth Trust for the benefit of the company and remaining shares will be managed by his family trust. Confirming the development, Grover said in a statement, “I will no longer be associated with BharatPe in any capacity, nor be part of the capital table. My remaining shares will be managed by my Family Trust. Both parties have decided not to pursue the cases filed. I hope BharatPe continues to grow and succeed for the benefit of all its stakeholders.” ...Less

- BharatPe raises Rs 100 cr in debt from MAS Financial
BharatPe has raised over $650 million in equity and debt, till date. Its investors include Tiger Global, ...More
BharatPe has raised over $650 million in equity and debt, till date. Its investors include Tiger Global, Dragoneer Investment Group, Steadfast Capital, Coatue Management, Ribbit Capital and others. ...Less

- Ashneer Grover, BharatPe settle disputes; cut all ties
Fintech startup BharatPe and cofounder Ashneer Grover have resolved their ongoing dispute. As part of the ...More
Fintech startup BharatPe and cofounder Ashneer Grover have resolved their ongoing dispute. As part of the settlement, Grover will no longer be associated with BharatPe in any capacity, and his shares will be transferred to a family trust. Both parties have agreed to drop all legal cases against each other. ...Less

- BharatPe vs Ashneer Grover saga: The story so far…
Earlier this week, Economic Offences Wing (EOW) of the Delhi Police, in a status report to the Delhi High ...More
Earlier this week, Economic Offences Wing (EOW) of the Delhi Police, in a status report to the Delhi High Court, said there were discrepancies in vendor invoices putting the focus back on the long-drawn saga between the Grovers and BharatPe, which started in January 2022, with both sides fighting a bitter and public battle in court. ...Less

- Making sense of BharatPe's banking foray
The story of how BharatPe, a three-year-old fintech startup, partnered 44-year-old NBFC Centrum Finance t ...More
The story of how BharatPe, a three-year-old fintech startup, partnered 44-year-old NBFC Centrum Finance to acquire a banking licence and make a play for the troubled PMC Bank has more to it than meets the eye. ...Less

- BharatPe launches all-in-one payment device BharatPe One
Indian fintech firm BharatPe has launched BharatPe One, an all-in-one payment product that integrates a p ...More
Indian fintech firm BharatPe has launched BharatPe One, an all-in-one payment product that integrates a point of sale (POS), QR code, and speaker into one device. The product will be launched in 100 cities in the first phase and 450 cities over the next six months. BharatPe One offers versatile payment options, including QR code, tap-and-pay, and traditional card payment. ...Less

- BharatPe begins independent audit amid founder Ashneer Grover audio clip controversy
"BharatPe, through its legal firm, Shardul Amarchand Mangaldas has appointed Alvarez and Marsal, a leadin ...More
"BharatPe, through its legal firm, Shardul Amarchand Mangaldas has appointed Alvarez and Marsal, a leading management consultant and risk advisory firm to advise the Board on its recommendations," the company said. ...Less

- BharatPe appoints former SBI chairman Rajnish Kumar as its chairman
Rajnish Kumar, In his role as BharatPe chairman, will be involved in formulating the firm’s short-term an ...More
Rajnish Kumar, In his role as BharatPe chairman, will be involved in formulating the firm’s short-term and long-term strategy, as well as work closely with the board and executives on regulatory matters. ...Less

- Fintech firm BharatPe elevates interim CEO Nalin Negi as chief executive
Nalin Negi appointed CEO of BharatPe, focusing on empowering MSMEs. With experience in SBI Card and GE Ca ...More
Nalin Negi appointed CEO of BharatPe, focusing on empowering MSMEs. With experience in SBI Card and GE Capital, Negi aims for growth after Suhail Sameer's exit. Board chairman expresses confidence in Negi's leadership. ...Less

- BharatPe marks its first acquisition with Payback India
Digital payments app BharatPe has acquired 100% of Payback India, a multi-brand loyalty programme, from A ...More
Digital payments app BharatPe has acquired 100% of Payback India, a multi-brand loyalty programme, from American Express and ICICI Investments Strategic Fund for an undisclosed amount. ...Less

- BharatPe firmly on profitability track, eyes $100 million round
BharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Source ...More
BharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Sources told us the company expects to post its first annual profit this fiscal, signalling a clean break from its turbulent past. Over the past two years, BharatPe has tightened its belt and pushed revenue growth, turning the business cash-positive month on month. ...Less

- Exclusive | Bhavik Koladiya’s BharatPe stake was bought out by Sequoia, Nakrani, angel investors and me: Ashneer Grover
Grover also recently wrote an email to the company board on the issue of Koladiya’s alleged stake in the ...More
Grover also recently wrote an email to the company board on the issue of Koladiya’s alleged stake in the firm, asking the board to remove him immediately from the company, failing which he must write to the Reserve Bank of India (RBI) to revoke BharatPe's banking license and applied payment aggregator license. ...Less

- BharatPe’s original cofounder Bhavik Koladiya moves on
Koladiya’s contract has not been renewed, according to two people who were aware of the discussions. He w ...More
Koladiya’s contract has not been renewed, according to two people who were aware of the discussions. He was removed from BharatPe’s cap table after being convicted of credit card fraud in the US in 2015. ...Less

- BharatPe to overhaul governance framework, sack several employees
BharatPe said it was introducing a new vendor procurement policy to mitigate any risk of employees indulg ...More
BharatPe said it was introducing a new vendor procurement policy to mitigate any risk of employees indulging in suspicious transactions to enrich themselves, adding that it has terminated the services of several employees in departments who were directly involved with blocked vendors. ...Less

- I will return on or before April 1, says BharatPe's Ashneer Grover
“I’ve been relentlessly at work building up BharatPe for almost 4 years. After much deliberation and intr ...More
“I’ve been relentlessly at work building up BharatPe for almost 4 years. After much deliberation and introspection, I plan to take a temporary leave of absence from BharatPe till March-end," Ashneer Grover said. ...Less

- BharatPe moves to SIAC to enforce 'claw back' of Ashneer Grover's restricted shares
This is the third legal action by BharatPe against Grover this week in an ongoing battle where the fintec ...More
This is the third legal action by BharatPe against Grover this week in an ongoing battle where the fintech firm has also filed a civil suit at the Delhi High Court and a criminal complaint with the Economic Offences Wing (EOW). ...Less

- BharatPe CTO Pankaj Goel steps down amid senior-level executive churn at the fintech
Pankaj Goel, chief technology officer of BharatPe, resigned citing personal reasons. He joined in July 20 ...More
Pankaj Goel, chief technology officer of BharatPe, resigned citing personal reasons. He joined in July 2023 and is currently serving his notice period. This exit follows other senior leadership departures. BharatPe received RBI authorisation to operate as an online payment aggregator. The company plans to launch mutual funds and insurance products. BharatPe is also considering a public listing in the future. ...Less

- BharatPe CPO Ankur Jain quits as senior exodus continues
Over the last year, BharatPe has seen a top-level exodus in senior management with Nehul Malhotra, head o ...More
Over the last year, BharatPe has seen a top-level exodus in senior management with Nehul Malhotra, head of buy-now-pay-later product, PostPe; Vijay Aggarwal, chief technology officer; Rajat Jain, chief product officer for lending and consumer products, and Geetanshu Singla, vice president, technology, resigning from the startup. ...Less

- Delhi HC refuses to stay probe against former BharatPe executives Ashneer Grover, Madhuri Jain
The Grovers are being probed in connection with a complaint filed by BharatPe with the Economic Offences ...More
The Grovers are being probed in connection with a complaint filed by BharatPe with the Economic Offences Wing of the Delhi Police, which had registered a first information report against the couple and their family members. ...Less

- BharatPe raises Rs 200 crore in debt from IIFL Wealth, Northern Arc
Earlier this year, BharatPe had raised over Rs 300 crore from venture debt funds (Alteria Capital, InnoVe ...More
Earlier this year, BharatPe had raised over Rs 300 crore from venture debt funds (Alteria Capital, InnoVen Capital and Trifecta Capital), banks (ICICI Bank and Axis Bank) and NBFC (Northern Arc Capital). ...Less

- Ex-COO Dhruv Dhanraj Bahl latest to exit BharatPe
Bahl played a crucial role in the restructuring of the organisation post the exit of Grover. He had joine ...More
Bahl played a crucial role in the restructuring of the organisation post the exit of Grover. He had joined the company in 2020 as the head of operations Before joining BharatPe, he worked across organizations such as Airtel Payments Bank, Paytm Bank and Fortis Healthcare. ...Less

- BharatPe CEO Suhail Sameer says Ashneer Grover ‘stole money’, later apologises
Responding to the post, Grover wrote: "Folks please look into this. Not done — their salaries have to be ...More
Responding to the post, Grover wrote: "Folks please look into this. Not done — their salaries have to be paid first before anything," tagging head of financial control at BharatPe Hersimran Kaur and Sameer. His sister, Aashima Grover, also joined in, calling BharatPe's top management a "shameless bunch". ...Less

- BharatPe rejigs senior management
BharatPe restructured senior management, appointing Sandeep Indurkar as CEO of payment vertical for Resil ...More
BharatPe restructured senior management, appointing Sandeep Indurkar as CEO of payment vertical for Resilient Payments Pvt Ltd. Rijish Raghavan now handles device business, and Kohinoor Biswas leads Zillion, achieving operational profit in October 2023. ...Less
- Exclusive: Never tendered my resignation: BharatPe’s Madhuri Jain
ET has learnt through multiple sources that there was confusion between board members and BharatPe’s top ...More
ET has learnt through multiple sources that there was confusion between board members and BharatPe’s top management relating to Jain’s resignation. Managing director Grover offered the resignation of Jain, who reported to him, at a board meeting on January 19, several people told ET. ...Less
- 2022 Year in Review | The Ashneer Grover-BharatPe saga
On February 23, BharatPe sacked Madhuri Jain, the company’s financial controller and Grover’s wife, on ch ...More
On February 23, BharatPe sacked Madhuri Jain, the company’s financial controller and Grover’s wife, on charges of misappropriating funds. Jain had been in charge of BharatPe’s finances since October 2018. ...Less
- BharatPe displays 'Indian' tag, dares Paytm, PhonePe
BharatPe, a merchant payments startup, has been distributing flyers and pamphlets showing Paytm with Chin ...More
BharatPe, a merchant payments startup, has been distributing flyers and pamphlets showing Paytm with Chinese flags and PhonePe with US flags, implying it's the only 'Bharatiya' or 'Indian' company. ...Less
- Bharatpe CEO apologises for remark on salary row; firm says March salary paid
A Bharatpe employee in a Linkedin post had raised the matter of termination of administrative staff and n ...More
A Bharatpe employee in a Linkedin post had raised the matter of termination of administrative staff and non-payment of salaries, which attracted responses from Grover and CEO Sameer. In response to a comment by a social media account in the name of Aashima Grover, Sameer said "Behen- tere bhai ne saara paisa chura liya (Sister, your brother has stolen all the money). Very little left to pay salaries". ...Less
- BharatPe appoints interim CFO; board, management aiming for IPO in 18-24 months: Rajnish Kumar
With founder Ashneer Grover and wife Madhuri Jain exiting BharatPe’s management following allegations of ...More
With founder Ashneer Grover and wife Madhuri Jain exiting BharatPe’s management following allegations of financial irregularities, the company is in search for a permanent CFO and Kumar said the process was in an “advanced stage”. ...Less
- BharatPe acquires 51% in NBFC Trillion Loans to bolster lending play
BharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their pr ...More
BharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their presence in the segment. ...Less
- BharatPe Board to take right call after audit, says Rajnish Kumar
On February 2, Ashneer Grover had informed BharatPe’s board that he was withdrawing his nomination of Sam ...More
On February 2, Ashneer Grover had informed BharatPe’s board that he was withdrawing his nomination of Sameer as a director, adding a new dimension to an already raging controversy. ...Less
- BharatPe in talks to raise fresh funding amid several top-level exits
The exodus of top-level talent from the company continues as Nishant Jain, chief business officer, Prasha ...More
The exodus of top-level talent from the company continues as Nishant Jain, chief business officer, Prashant Gagneja, vice president of organised trade (mid-sized retailers) and Ashish Aggarwal, vice president in charge of user growth have left. ...Less
- BharatPe raises Rs 90 crore in debt funding from Alteria Capital
This debt funding is part of the Rs 250 crore that BharatPe is looking to raise in this funding round, Al ...More
This debt funding is part of the Rs 250 crore that BharatPe is looking to raise in this funding round, Alteria Capital says. The company has raised $142.5 million till date through various equity and debt rounds. ...Less
- BharatPe hits $20 billion in annualised TPV, leaves Ashneer saga behind
BharatPe facilitated over Rs 3,600 crore in loans in Q1 FY23, growing 112% over the last quarter. ...More
BharatPe facilitated over Rs 3,600 crore in loans in Q1 FY23, growing 112% over the last quarter. ...Less
- A new battle brews over Bhavik Koladiya’s stake in BharatPe
Bhavik Koladiya, who became a consultant during the early days of BharatPe — a company which he started — ...More
Bhavik Koladiya, who became a consultant during the early days of BharatPe — a company which he started — is said to have split his holding in the company between the other two cofounders, Ashneer Grover and Shashvat Nakrani ...Less
- Steadview in talks to join BharatPe’s $75 million round
Steadview’s interest in BharatPe comes at a time when merchant-focused fintech companies like Open and Ra ...More
Steadview’s interest in BharatPe comes at a time when merchant-focused fintech companies like Open and Razorpay have raised fresh capital from investors like Tiger Global and Ribbit Capital. ...Less
- BharatPe founder Ashneer Grover's wife also goes on leave amid company conducting independent audit
BharatPe founder Ashneer Grover's wife Madhuri Jain Grover has gone on leave, and with the company undert ...More
BharatPe founder Ashneer Grover's wife Madhuri Jain Grover has gone on leave, and with the company undertaking an independent audit, there could be governance-related issues at BharatPe that could now come to the fore. ...Less
- Property management platform Crib acquires rent financing company CirclePe
Crib, a property management platform for co-living spaces, has acquired rent financing company CirclePe. ...More
Crib, a property management platform for co-living spaces, has acquired rent financing company CirclePe. This strategic move integrates embedded finance into the rental process, eliminating security deposits for tenants and providing operators with advance rent payments. CirclePe, founded by Navan Jaiswal and Ankur Yadav, previously secured significant pre-seed funding. The acquisition aims to streamline rental transactions and boost working capital for operators. ...Less
- BharatPe to hire 75 product managers, engineers this year
"BharatPe is coming up with a state-of-the-art tech-hub in Delhi to house its expanded product and techno ...More
"BharatPe is coming up with a state-of-the-art tech-hub in Delhi to house its expanded product and technology team. The company plans to hire over 75 engineers and project managers this year and thereby expand its tech team," a statement said. ...Less
- BharatPe's Ashneer Grover attacks fintech's board chairman Rajnish Kumar, says governance review is a 'facade'
In response to the accusations laid out by Ashneer Grover, Rajnish Kumar in an internal communication sai ...More
In response to the accusations laid out by Ashneer Grover, Rajnish Kumar in an internal communication said that the allegations were ‘completely’ baseless and that he has no intention to continue on BharatPe’s board. ...Less
- BharatPe launches two new features in its app to curb need to touch handsets for checking transactions
Paisa Bolega is a button introduced in BharatPe App. This converts the shopkeeper's smartphone into a lou ...More
Paisa Bolega is a button introduced in BharatPe App. This converts the shopkeeper's smartphone into a loud speaker, announcing the value of transaction received. ...Less
- BharatPe to raise funds before IPO, listing not on card this fiscal: CEO Nalin Negi
BharatPe, last week, announced that it had achieved operational profitability after excluding the employe ...More
BharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan. The company is backed by many marquee investors, including Peak XV, Tiger Global, Beenext, Steadfast Capital, and Ribbit Capital. ...Less
- BharatPe's Madhuri Jain writes to Alvarez & Marsal on investigation report leak
A&M’s initial investigation showed that Jain and other family members were allegedly involved in financia ...More
A&M’s initial investigation showed that Jain and other family members were allegedly involved in financial irregularities at BharatPe, ET reported on February 4. ...Less
- Two senior executives quit BharatPe
BharatPe has been looking for a CFO and earlier appointed an Alvarez & Marsal (A&M) executive as interim ...More
BharatPe has been looking for a CFO and earlier appointed an Alvarez & Marsal (A&M) executive as interim CFO. ...Less
- BharatPe’s Ashneer Grover goes on leave, weeks after rant went viral
"For now, the board has accepted Ashneer Grover's decision, which we agree is in the best interests of th ...More
"For now, the board has accepted Ashneer Grover's decision, which we agree is in the best interests of the company, our employees and investors, and the millions of merchants we support each day,” BharatPe said in a statement. ...Less
- We are working to co-create products with Unity Bank; will increase stake in NBFC: BharatPe’s stand-in CEO Nalin Negi
This comes as the company has been looking to rekindle its relationship with Unity Bank after a tumultuou ...More
This comes as the company has been looking to rekindle its relationship with Unity Bank after a tumultuous period marked by the departure of BharatPe cofounder Ashneer Grover last year, and the subsequent efforts to strengthen the board and corporate governance practices. ...Less
- BharatPe's point of sale vertical turns profitable
BharatSwipe contributes over 20% to the overall payments transaction processed value of the company annua ...More
BharatSwipe contributes over 20% to the overall payments transaction processed value of the company annually. BharatPe has an installed base of close to 2 lakh PoS machines across more than 250 cities in the country. ...Less
- BharatPe lines up loans for merchants
It is also planning to apply for its own lending licence to lend to merchants who are accepting payments ...More
It is also planning to apply for its own lending licence to lend to merchants who are accepting payments through BharatPe QR codes. ...Less
- BharatPe filed cases because my book 'Doglapan' created panic: Ashneer Grover
Former BharatPe Co-founder and Managing Director Ashneer Grover on Saturday claimed that his book "Doglap ...More
Former BharatPe Co-founder and Managing Director Ashneer Grover on Saturday claimed that his book "Doglapan" created panic among BharatPe executives and this is the reason the fintech company had apparently filed several cases against him, including an over Rs 88.6 crore fraud case. ...Less
- Rajnish Kumar showed early signs to make money out of BharatPe: Ashneer Grover
BharatPe Chairman Rajnish Kumar allegedly showed early signs of "wanting control" and to "make money out ...More
BharatPe Chairman Rajnish Kumar allegedly showed early signs of "wanting control" and to "make money out of BharatPe", the fintech platform's former Co-founder and managing director Ashneer Grover has claimed in his book titled 'Doglapan'. ...Less
- BharatPe to give fintechs platform with PMC play
BharatPe has said that partnering Centrum Finance in a new bank, as part of the PMC Bank rescue, will ena ...More
BharatPe has said that partnering Centrum Finance in a new bank, as part of the PMC Bank rescue, will enable it to provide a tech platform for all fintechs. ...Less
- BharatPe accuses Ashneer Grover, family of ‘fraud’; read the full text
The development comes after BharatPe’s board met on Tuesday evening, with the final report of the probe t ...More
The development comes after BharatPe’s board met on Tuesday evening, with the final report of the probe tabled in front of them. ...Less
- BharatPe board says yet to receive final report of internal probe
The board statement comes amid reports that Alvarez & Marsal has found fraudulent transactions at BharatP ...More
The board statement comes amid reports that Alvarez & Marsal has found fraudulent transactions at BharatPe during a preliminary probe. Ashneer Grover’s wife Madhuri Jain is under the scanner as well. ...Less
- BharatPe vs Ashneer Grover settlement: making sense of the legal battle between the two parties
BharatPe has been under intense investor and shareholder scrutiny ever since Grover, in January 2022, sou ...More
BharatPe has been under intense investor and shareholder scrutiny ever since Grover, in January 2022, sought damages from Kotak Mahindra Bank managing director Uday Kotak, alleging that the lender refused him financing for a personal investment in omnichannel beauty retailer Nykaa’s initial public offering in November 2021. ...Less
- BharatPe row gets murkier as Ashneer Grover asks for financials, Suhail Sameer denies access
Grover, who resigned from BharatPe amid controversies on March 1 at midnight, asked for BharatPe’s manage ...More
Grover, who resigned from BharatPe amid controversies on March 1 at midnight, asked for BharatPe’s management information system which details the company’s business performance, but was rejected by Sameer, who claimed Grover was not defined as an investor in the company. ...Less
- Ashneer Grover resigns from BharatPe, says he’s been ‘vilified’ by investors
Ashneer Grover said that from being celebrated as the face of Indian entrepreneurship he is now wasting h ...More
Ashneer Grover said that from being celebrated as the face of Indian entrepreneurship he is now wasting his time fighting a long, lonely battle against his own investors and management. Unfortunately, in this battle, the management has lost what is actually at stake – BharatPe, he said ...Less
- On track for full-year profitability, IPO still 18-24 months away: BharatPe CEO
The firm, which wants to become a full stack finserv player and is in the process to reduce its stake in ...More
The firm, which wants to become a full stack finserv player and is in the process to reduce its stake in Unity Small Finance Bank to abide by regulatory directions. The startup is also planning the launch of mutual funds and insurance as the next two major product lines said Nalin Negi, chief executive officer of BharatPe. ...Less
- Delhi HC appoints arbitrator to decide on BharatPe-Ashneer Grover dispute
While Grover sought arbitration at the Singapore International Arbitration Centre, where a dispute regard ...More
While Grover sought arbitration at the Singapore International Arbitration Centre, where a dispute regarding the shareholders agreement was already going on, BharatPe opposed SIAC arbitration on the grounds that the employment agreement specified arbitration at the Delhi International Arbitration Centre (DIAC). ...Less
- POS business grew to $4 billion annualised transaction value, deployed over 1.25 lakh machines: BharatPe
BharatPe has ramped up the reach of its POS business by 25X to over 250 cities in the last 12 months and ...More
BharatPe has ramped up the reach of its POS business by 25X to over 250 cities in the last 12 months and since the launch in the second half of 2020, the company has deployed more than 1.25 lakh BharatSwipe machines across offline shops, it added. ...Less
- BharatPe back on track after Ashneer Grover controversy, records 112% growth
"Post a successful FY22 that we closed with a 3 times growth in merchant loans, 2.5 times growth in payme ...More
"Post a successful FY22 that we closed with a 3 times growth in merchant loans, 2.5 times growth in payments and a 4 times jump in revenue, BharatPe has recorded its' best ever quarter in Q1, FY23," said Suhail Sameer, CEO, BharatPe. ...Less
- I am the rebel slave, Ashneer Grover tells BharatPe investors in resignation letter
In his resignation letter, sent to BharatPe's board, Ashneer Grover accused its investors of treating fou ...More
In his resignation letter, sent to BharatPe's board, Ashneer Grover accused its investors of treating founders like slaves. ...Less
- BharatPe Group appoints Aparna Kuppuswamy as its chief risk officer
Kuppuswamy will be leading the risk portfolio across the BharatPe group of companies, including the merch ...More
Kuppuswamy will be leading the risk portfolio across the BharatPe group of companies, including the merchant and consumer businesses ...Less
- BharatPe names ex-Paytm executive Ajit Kumar as CTO
Fintech firm BharatPe has appointed Ajit Kumar as its new Chief Technology Officer, effective October 23, ...More
Fintech firm BharatPe has appointed Ajit Kumar as its new Chief Technology Officer, effective October 23, 2025. Kumar, who previously served as Senior Vice President of Engineering at Paytm, brings over 19 years of experience in fintech. He will be responsible for leading BharatPe's technology strategy and innovation. ...Less
- Independent probe finds financial irregularities at BharatPe as pressure mounts on Ashneer Grover and wife
The preliminary findings of the report by Alvarez and Marsal, dated January 24, said BharatPe pays recrui ...More
The preliminary findings of the report by Alvarez and Marsal, dated January 24, said BharatPe pays recruitment fees to a number of ‘consultants’ on employees recruited through them. ...Less
- Whenever we see a line being breached, we will go back to court: BharatPe’s stand-in CEO Nalin Negi
Negi’s comments come at a time when BharatPe’s parent, Resilient Innovations, has filed a fresh case in t ...More
Negi’s comments come at a time when BharatPe’s parent, Resilient Innovations, has filed a fresh case in the Delhi High Court seeking an injunction against Grover to prevent him from divulging “confidential information” related to the company. ...Less
- BharatPe ropes in SBI Card’s Nalin Negi as CFO
Negi will spearhead the finance function for New-Delhi based BharatPe and will help make it Ebitda-positi ...More
Negi will spearhead the finance function for New-Delhi based BharatPe and will help make it Ebitda-positive by March 2023, the company said in a statement on Wednesday. ...Less
- BharatPe-controlled Trillionloans appoints Sandeep Singh the Chief Executive Officer
Trillionloans Fintech, a BharatPe subsidiary, has appointed Sandeep Singh as CEO to spearhead its next gr ...More
Trillionloans Fintech, a BharatPe subsidiary, has appointed Sandeep Singh as CEO to spearhead its next growth phase. Singh's extensive experience in digital lending and financial services will be crucial in scaling the company's tech-driven credit solutions. Sabyasachi Senapati transitions to BharatPe Group to lead key growth initiatives, ensuring a smooth handover and continued strategic direction for Trillionloans. ...Less
- BharatPe paid Rs 1.69 crore salary to Ashneer Grover in FY22, Rs 63 lakh to his wife
Fintech platform BharatPe paid a salary of Rs 1.69 crore to its Co-founder and managing director Ashneer ...More
Fintech platform BharatPe paid a salary of Rs 1.69 crore to its Co-founder and managing director Ashneer Grover in FY22, while his wife Madhuri Jain Grover who was former head of controls at the company took home Rs 63 lakhs. ...Less
- BharatPe gets fresh notice from MCA
BharatPe confirmed receipt of the notice and in a reply to ET’s questions, said it is related to an inqui ...More
BharatPe confirmed receipt of the notice and in a reply to ET’s questions, said it is related to an inquiry that started in 2022. The Registrar or Companies, an arm of the ministry, has sought additional information in a letter to the company, a spokesperson said. ...Less
- BharatPe elevates Dhruv Dhanraj Bahl to chief operating officer
Prior to joining BharatPe in January 2020, Bahl was the chief business officer at Roadzen where he led th ...More
Prior to joining BharatPe in January 2020, Bahl was the chief business officer at Roadzen where he led the organisation across geographies. ...Less
- BharatPe raises Rs 50 crore debt from Northern Arc Capital
BharatPe has set itself an ambitious target of facilitating disbursals of $1 billion to 10 lakh merchants ...More
BharatPe has set itself an ambitious target of facilitating disbursals of $1 billion to 10 lakh merchants by the end of current fiscal, Group President Suhail Sameer says. ...Less
- Shark smells blood: After BharatPe and Grofers, Ashneer Grover says it’s time for ‘third unicorn’
Ashneer Grover's post comes months after BharatPe’s board of directors removed him from all positions at ...More
Ashneer Grover's post comes months after BharatPe’s board of directors removed him from all positions at the company and stripped him of his cofounder tag over alleged financial irregularities and governance issues during his tenure. ...Less
- BharatPe appoints Kohinoor Biswas as head of its consumer lending business PostPe
This is the third major change at the top for the New Delhi-based fintech after its cofounders Ashneer Gr ...More
This is the third major change at the top for the New Delhi-based fintech after its cofounders Ashneer Grover and Bhavik Koladiya left the company. ...Less