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BHARATPE BOARD
Observability firm Coralogix deepens India bet as AI security demand risesIsraeli observability platform Coralogix is significantly expanding its operations in India, a key growth market, as enterprises adopt AI-d...
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
TCS Nashik case escalates; Zepto’s road to IPOHappy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...
BharatPe cofounder Shashvat Nakrani steps down as COO, to remain a directorNakrani said he will move from a day-to-day role to a strategic advisor and board director from May 1, continuing to guide fundraising, IPO...
Exclusive | Bhavik Koladiya’s BharatPe stake was bought out by Sequoia, Nakrani, angel investors and me: Ashneer GroverGrover 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 h...
Ashneer Grover writes to BharatPe demanding action against CEO Suhail Sameer and Rajnish KumarThis came a day after Suhail Sameer responded to a post on professional networking platform, Linkedin where he alleged that Grover “stole m...
BharatPe board acted quickly, cofounder Nakrani says on PwC report“It’s time now to stop rumours and innuendoes from distracting us and go back to building,” he wrote in the internal note.
BharatPe looks to claw back Ashneer Grover’s restricted sharesSays cofounder and his family siphoned money off co accounts, reserves right to take further legal action
Have nothing to hide, open to making my finances public: Ashneer GroverIn a scathing remark about the investors on BharatPe’s cap table, Grover said it was surprising that each of them had not spoken about any ...
Exclusive | I’ve lost management shares worth Rs 100 crore: Ashneer GroverAshneer Grover said BharatPe had also “defrauded” his wife, former BharatPe controller Madhuri Jain, of her employee stock options.
BharatPe board set to meet today, final probe report to be tabledThe meeting, which was already pre-decided by BharatPe board members, is expected to happen on Tuesday evening, and will go till late in th...
Rajnish Kumar rebuffs Ashneer Grover’s charges of probe being biased, says he's not stepping down from board“Ashneer is being immature. There will be no impact of this on the company or myself. Everyone knows my credibility and these comments won'...
Exclusive: Never tendered my resignation: BharatPe’s Madhuri JainET has learnt through multiple sources that there was confusion between board members and BharatPe’s top management relating to Jain’s resi...
Exclusive: Ashneer Grover in talks to sell his 9.5% stake in BharatPeAshneer Grover is rushing to close the stake sale before Alvarez & Marsal's audit report is tabled before the BharatPe board. The secondary...
View: BharatPe affair raises some fundamental questions regarding the role of boards and internal audit in startupsBeneath the trimmings lie discomforting aspects — family members in key business roles, alleged siphoning of money, a toxic work culture —t...
BharatPe Board to take right call after audit, says Rajnish KumarOn February 2, Ashneer Grover had informed BharatPe’s board that he was withdrawing his nomination of Sameer as a director, adding a new di...
Ashneer Grover seeks removal of CEO Suhail Sameer from BharatPe's boardSuhail Sameer, who was hired by Ashneer Grover in 2020, was made chief executive of BharatePe in August 2021. Grover had assumed the role o...
BharatPe board says yet to receive final report of internal probeThe board statement comes amid reports that Alvarez & Marsal has found fraudulent transactions at BharatPe during a preliminary probe. Ashn...
BharatPe board unlikely to accept Ashneer Grover’s payout demandAshneer Grover, according to sources, is unlikely to leave BharatPe without “adequate compensation”. The saga is expected to lead to a comp...
Exclusive | Ashneer Grover hires legal firm to protect his turf, shareholding at BharatPeAshneer Grover has roped in New Delhi-based law firm Karanjawala & Co. and is engaging with them on how to best safeguard his position and ...