"bharatpe"

New Delhi: Putting behind the controversy around its co-founder Ashneer Grover, fintech startup BharatPe has posted record growth in the fiscal year ended March 31 and is on track to break even and list on stock exchanges in the next 18-24 months, its CEO Suhail Sameer said. In an interview with PTI, he said while […]

New Delhi: In a fresh battle, BharatPe founder and former managing director Ashneer Grover has threatened a legal action against CEO Suhail Sameer and the board for his comments on professional networking platform LinkedIn against his sister Ashima Grover, along with seeking a resignation from Chairman Rajnish Kumar. In a letter written to BharatPe Board, […]

New Delhi: Former Co-founder and managing director of BharatPe, Ashneer Grover, on Thursday once again hit at the board members of the fintech company, saying snatching the keys and running a corner shop are two different skill-sets. Ashneer was stripped last month of all company titles over alleged “extensive misappropriation of company funds” and using […]

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" and may take further legal actions, including clawing back of some of his shareholding.

On Wednesday, BharatPe said that Ashneer, his wife Madhuri Jain, and their relatives were engaged in extensive misappropriation of company funds and grossly abused company money to fund their lavish lifestyles.

BharatPe has also found involvement of Grover family and relatives in extensive misappropriation of the company's funds.

New Delhi: After fighting an intense legal battle with the Board of Directors, BharatPe Co-founder and Managing Director Ashneer Grover has finally resigned from the fintech platform. In a letter sent to the Board, he said that he is being forced to bid adieu to a company of which “I am a founder”. “Your views […]

The Emergency Arbitrator has rejected all five grounds of his appeal.

Sources on Wednesday confirmed to IANS that Madhuri Jain's contract was terminated as the probe has found misappropriation of funds during her time at the fintech platform.

New Delhi: BharatPe Co-founder and Managing Director Ashneer Grover, facing a controversy over alleged using inappropriate language against Kotak Mahindra Bank’s staff, has taken voluntary leave till March-end, the fintech company announced on Wednesday. Grover informed the Board of the fintech platform about his decision to proceed on leave earlier in the day. “For now, […]

Staff holding vested employee stock option plan (ESOPs) have been given full liquidity in the secondary.

The fintech company has already facilitated disbursals of over Rs 1,600 crore to more than 2 lakh merchants since the launch of the lending vertical.

The company has raised $90 million (over 655 crore) in primary fund raise, and ensured secondary exit for its angel investors and employees for a total amount of $18 million (nearly Rs 131 crore).

Prior to joining BharatPe, Kaushik was the CEO and MD of PAYBACK India where he led the largest customer loyalty programme in the country.

Founded by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe offers merchants a single interface for all UPI apps like Paytm, PhonePe, Google Pay, BHIM, Mobikwik, Freecharge and others