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Bharatpe

Former RBI Deputy Governor B P Kanungo And TARI Founder Kaushik Dutta join BharatPe Board

Besides Sameer, co-founder Shashvat Nakrani is on the board as executive director. Investors have four nominees. The board is chaired by former SBI chairman Rajnish Kumar

13 September 2022

Will Ashneer Grover Become The GOAT Founder With His Third Unicorn?

It would be interesting to see how long Ashneer Grover can steer clear of controversies and build Third Unicorn into his third unicorn, after BharatPe and BlinkIt


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Corporate Governance In Focus Now; Startups Can Create 100 Million Jobs: Sequoia MD Rajan Anandan

In the recent past, there have been corporate governance issues in Sequoia-funded startups BharatPe and Zilingo


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After Ashneer Grover And Satyam Nathani, Bhavik Koladiya Is The Latest High-Profile Exit From BharatPe

BharatPe's Chief Revenue Officer, Nishit Sharma, and Head of Institutional Debt Partnerships, Chandrima Dhar, also resigned from their positions in June

02 August 2022

Bharatpe Loan Disbursal Doubles To Rs 3,600 Crore In April-June On Quarterly Basis

The company had facilitated loan disbursal of around Rs 1,700 crore through its NBFC partners in the January-March 2022 quarter


Ashneer Grover

BharatPe Terminates Employees, Vendors; To Claw Back Shares From Former Founder Ashneer Grover

The steps have been taken by the company's board following a detailed corporate governance review against the backdrop of alleged lapses and misdoings during the tenure of Grover as managing director.

10 May 2022

Will Slice get RBI Approval To Issue Credit Cards?

Getting the regulator's permission will be an uphill task after it recently prohibited fintech companies from loading credit lines onto prepaid payment instruments 

20 July 2022

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BharatPe.

BharatPe Initiates Action Against Former Founder To Claw Back Restricted Shares

In January 2022, the board of BharatPe initiated the corporate governance review of the company. 

10 May 2022

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17 April 2022
BharatPe Controversy: Largest Shareholder Sequoia Capital To Strongly Respond To Frauds

BharatPe Controversy: Largest Shareholder Sequoia Capital To Strongly Respond To Frauds

Sequoia, which is the largest shareholder in BharatPe where co-founder Ashneer Grover was virtually sacked from his role, in a blog on its website said it...


10 April 2022
BharatPe Puts Behind Grover Episode, Posts Record Growth

BharatPe Puts Behind Grover Episode, Posts Record Growth

BharatPe, which allows shop owners to make digital payments through QR codes, is now in 225 cities (more than 2x growth from last fiscal) and has over 8...


08 April 2022
BharatPe CEO Suhail Sameer Apologises For Remark On Salary Row

BharatPe CEO Suhail Sameer Apologises For Remark On Salary Row

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...


07 April 2022
Ashneer Grover To Write To RBI To Cancel BharatPe's Banking License If...

Ashneer Grover To Write To RBI To Cancel BharatPe's Banking License If...

Shares of Bhavik Koladiya, one of the original co-founders of the company, were bought in pre-series A funding by Ashneer Grover, co-founder Shashvat Nakrani...


17 March 2022
Ashneer Grover Digs Into Paytm Wallet To Buy Peace With Start-Ups

Ashneer Grover Digs Into Paytm Wallet To Buy Peace With Start-Ups

BharatPe co-founder Ashneer Grover surprised everyone on Thursday after he tweeted urging people to "buy" Paytm stocks.


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09 March 2022
GST Authorities Expand Probe Into Alleged Tax Evasion By BharatPe

GST Authorities Expand Probe Into Alleged Tax Evasion By BharatPe

GST authorities are now scrutinizing BharatPe books of the last four years to see if bogus invoices were issued for services as well.


07 March 2022
Ashneer Grover-BharatPe Row: BharatPe Co-Founder Shashvat Nakrani Says Board Acted Quickly, Decisively

Ashneer Grover-BharatPe Row: BharatPe Co-Founder Shashvat Nakrani Says Board Acted Quickly, Decisively

BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds"...


02 March 2022
BharatPe Board Accuses Ashneer Grover Of Fraud In Company, Fires Him

BharatPe Board Accuses Ashneer Grover Of Fraud In Company, Fires Him

Grover family and their relatives engaged in extensive misappropriation of company funds, including, but not limited to, creating fake vendors through which...


01 March 2022
Ashneer Grover Vs Investors: Who Is The Real Owner Of Startups In India?

Ashneer Grover Vs Investors: Who Is The Real Owner Of Startups In India?

Ashneer Grover’s resignation has brought the focus back on the arm-twisting that founders often are subjected to


01 March 2022
BharatPe Co-Founder Ashneer Grover Resigns As Managing Director And CEO

BharatPe Co-Founder Ashneer Grover Resigns As Managing Director And CEO

Ashneer Grover, co-founder of financial technology firm BaharatPe resigned from the company's board as managing director and chief executive officer (CEO)


27 February 2022
SIAC Rejects Ashneer Grover's Plea Against Governance Review At BharatPe

SIAC Rejects Ashneer Grover's Plea Against Governance Review At BharatPe

Grover had filed an arbitration plea with the SIAC claiming the company's investigation against him was illegal.


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23 February 2022
Ashneer Grover-BharatPe Row: Here Are The Key Developments So Far

Ashneer Grover-BharatPe Row: Here Are The Key Developments So Far

On Wednesday, the Fintech startup sacked Ashneer Grover's wife Madhuri Jain Grover over alleged financial irregularities and cancelled ESOPs vested with her


23 February 2022
BharatPe Sacks Ashneer Grover's Wife Madhuri Jain, Cancels ESOPs

BharatPe Sacks Ashneer Grover's Wife Madhuri Jain, Cancels ESOPs

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


11 February 2022
External Auditor's Interim Report In Few Days, Says BharatPe CEO

External Auditor's Interim Report In Few Days, Says BharatPe CEO

An interim report on the review of the governance process in BharatPe is expected in the next couple of weeks, CEO Suhail Sameer told employees in a letter.


05 February 2022
Ashneer Grover Is The Start-Up Guy With No Regrets

Ashneer Grover Is The Start-Up Guy With No Regrets

Troubled over a leaked audio conversation and making headlines daily in a founder-versus-funder duel, the BharatPe MD says he might have made mistakes in his...


04 February 2022
Questioning Integrity Of Board Painful, Says BharatPe On Ashneer Grover's Allegations

Questioning Integrity Of Board Painful, Says BharatPe On Ashneer Grover's Allegations

The statement followed Grover, who was sent on a three-month leave following allegations of using abusive language against Kotak Mahindra Bank staff and for...


04 February 2022
Timeline: How Ashneer Grover's Relation With BharatPe Board Turned Sour

Timeline: How Ashneer Grover's Relation With BharatPe Board Turned Sour

The merchant-friendly app, which was founded in 2018 by Grover and Shashvat Nakrani, currently holds a valuation of $6 billion.


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