Part of the shares held by Ashneer Grover will be transferred to the Resilient Growth Trust for the benefit of the company and remaining sh...

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 Regis...

Multiple top-tier founders and investors said investors are bringing in stricter terms in shareholding agreements as well as term sheets an...

The company announced the appointment of Ambuj Bhalla as its chief information security officer (CISO), Rahul Bhatia as head of internal au...

The action is against Ashneer Grover’s unvested shares (1.4%). Grover holds roughly 8.5% stake in BharatPe, which includes non-vested share...

The appointments are in line with the company’s aim to strengthen its corporate governance practices, it said on Tuesday.

BharatPe aims to facilitate investments for more than 20 lakh merchant partners over the next 12 months via the new platform, it said.

While the statement didn't include names, it is clear the company was referring to its cofounder and former managing director Ashneer Grove...

BharatPe said it was introducing a new vendor procurement policy to mitigate any risk of employees indulging in suspicious transactions to ...

This came a day after Suhail Sameer responded to a post on professional networking platform, Linkedin where he alleged that Grover “stole m...

Lapses is a strong word. I think there was zero lapse (by BharatPe) in any stated laws which the company needed to follow. The corporate go...

“It’s time now to stop rumours and innuendoes from distracting us and go back to building,” he wrote in the internal note.

The development comes after BharatPe’s board met on Tuesday evening, with the final report of the probe tabled in front of them.

Jain, wife of BharatPe cofounder Ashneer Grover, had overseen finances at the $2.8 billion company since October 2018.

Beneath the trimmings lie discomforting aspects — family members in key business roles, alleged siphoning of money, a toxic work culture —t...

BharatPe founder Ashneer Grover's wife Madhuri Jain Grover has gone on leave, and with the company undertaking an independent audit, there ...

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 w...