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BHARATPE CONTROVERSY
BharatPe firmly on profitability track, eyes $100 million roundBharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Sources told us the company expects to p...- Ashneer Grover, BharatPe settle disputes; cut all tiesFintech startup BharatPe and cofounder Ashneer Grover have resolved their ongoing dispute. As part of the settlement, Grover will no longer...
- Delhi High Court levies Rs 2 lakh fine on Ashneer Grover for violating its May order"I am appalled to see the persistent violation of the court's orders," Justice Rekha Palli said while examining the social media posts by G...
- Ex-COO Dhruv Dhanraj Bahl latest to exit BharatPeBahl 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 ...
- BharatPe makes former Razorpay executive Pankaj Goel its new CTOPrior to joining BharatPe, Goel was the head of payments engineering at payments infrastructure provider Razorpay.
- BharatPe cofounder Ashneer Grover unveils new startup The Third Unicorn, asks VCs to stay outIn his post, Ashneer Grover also highlighted an overarching framework of his upcoming venture. Taking a dig at the venture capital communit...
- Rajnish Kumar showed early signs to make money out of BharatPe: Ashneer GroverBharatPe Chairman Rajnish Kumar allegedly showed early signs of "wanting control" and to "make money out of BharatPe", the fintech platform...
- BharatPe ropes in SBI Card’s Nalin Negi as CFONegi will spearhead the finance function for New-Delhi based BharatPe and will help make it Ebitda-positive by March 2023, the company said...
- BharatPe’s original cofounder Bhavik Koladiya moves onKoladiya’s contract has not been renewed, according to two people who were aware of the discussions. He was removed from BharatPe’s cap tab...
- 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 payments and a 4 times jump in revenue,...
- 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 the company and stripped him of hi...
- BharatPe launches investment platform for its merchant partnersBharatPe aims to facilitate investments for more than 20 lakh merchant partners over the next 12 months via the new platform, it said.
- BharatPe vows to claw back shares of ‘former founder’, sacks employeesWhile the statement didn't include names, it is clear the company was referring to its cofounder and former managing director Ashneer Grove...
- BharatPe row gets murkier as Ashneer Grover asks for financials, Suhail Sameer denies accessGrover, who resigned from BharatPe amid controversies on March 1 at midnight, asked for BharatPe’s management information system which deta...
- 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 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...
- After Ashneer Grover's demand for CEO ouster, BharatPe's other founder throws weight behind chief executiveExperts believe that neither Ashneer Grover nor Shashvat Nakrani have an individual right to withdraw the nomination of the CEO from the bo...
- Ashneer Grover has no individual role in Unity SFB, says Centrum's Jaspal BindraUnity Small Finance Bank has taken over Punjab and Maharashtra Co-Operative Bank (PMC) in a revival programme for the scandal-hit lender.
- 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 leading management consultant and risk a...
- 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 introspection, I plan to take a tempor...
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