Ashneer Grover resigns as BharatPe MD and director

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BAT_MAN

Ashneer Grover has resigned as MD and director, days after his wife Madhuri Jain Grover had been terminated as the head of controls on allegations of funds misappropriation

In his letter of resignation to the board, Ashneer Grover said: “I write this with a heavy heart as today I am being forced to bid adieu to a company of which I am a founder. I say with my head held high that today this company stands as a leader in the fintech world. Since the beginning of 2022, unfortunately, I’ve been embroiled in baseless and targeted attacks on me and my family by a few individuals who are ready not only to harm me and my reputation but also harm the reputation of the company, which ostensibly they are trying to protect.”

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Sharktank ni isko dubaya ya iski biwi ne? flushed
Bahut uddrah tha ye show pe to…
Sb akad nikal dia uparwale ne iska…

Deal Subedar Deal Subedar
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planning walaa person jarur koi plan B hoga abhi

Deal Baba Deal Baba
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MrKool_JJ wrote:

Sharktank ni isko dubaya ya iski biwi ne? flushed
Bahut uddrah tha ye show pe to…
Sb akad nikal dia uparwale ne iska…

Few gems I remember -

  • 1-2% ke liye to bed se nhi uthate hum
  • 12hajaar carore ki company banai hai
  • Har shop me lagva dunga tera product
Deal Lieutenant Deal Lieutenant
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sab doglapan ha

Deal Lieutenant Deal Lieutenant
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uday kotak se panga bhari pad geya isko. acha hota agar resignation letter me likhta i am out

Deal Lieutenant Deal Lieutenant
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demerius2020 wrote:

planning walaa person jarur koi plan B hoga abhi

yaar 500-600 crore ka maalik ha.plan b to z sab ha life me iske paas

Deal Cadet Deal Cadet
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MrKool_JJ wrote:

Sharktank ni isko dubaya ya iski biwi ne? flushed
Bahut uddrah tha ye show pe to…
Sb akad nikal dia uparwale ne iska…

Iske piche be Himalayan baba ka haat hey stuck_out_tongue_closed_eyes stuck_out_tongue_closed_eyes

Deal Lieutenant Deal Lieutenant
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MrKool_JJ wrote:

Sharktank ni isko dubaya ya iski biwi ne? flushed
Bahut uddrah tha ye show pe to…
Sb akad nikal dia uparwale ne iska…

Sabke uparwalaa ek hi hai
Brasht neta

Dimer of The Year 2021 Dimer of The Year 2021
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Reality check ( I know he has plan a to z sorted still got a taste of his own medicine),
hope he realises the importance of being humble ASAP

Deal Newbie Deal Newbie
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Siddhartha07 wrote:

Reality check ( I know he has plan a to z sorted still got a taste of his own medicine),
hope he realises the importance of being humble ASAP

He blames it on hindi that speaking in it makes you unfiltered which is bullshit.

Deal Baba Deal Baba
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junu6075 wrote:

He blames it on hindi that speaking in it makes you unfiltered which is bullshit.

Kya bole?
Tr - Godzilla had a stroke trying to read this

Deal Newbie Deal Newbie
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BAT_MAN wrote:

Kya bole?
Tr - Godzilla had a stroke trying to read this

I said he blames hindi language for his tone on STI.

Deal Baba Deal Baba
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As it happened - 

  • In early January, an audio clip surfaced of Grover allegedly using expletives against a Kotak Bank staffer. While he claimed the clip was fake, the bank said it would take legal action over it.

    Two weeks later, Grover went on a voluntary leave of absence until March-end. This happened after an e-mail thread between Grover and Sequoia (BharatPe’s largest shareholder), highlighting differences between the two parties, came to light.

    Meanwhile, Grover’s wife Madhuri was also sent on a leave of absence.

    Later in January, BharatPe roped in independent auditors to look into the company’s practices under Grover. A preliminary report by firm Alvarez & Marsal accused Madhuri of financial fraud in February.

    On February 23, BharatPe sacked Madhuri on the charges of fund misappropriation.

    Last week, the Singapore International Arbitration Centre (SIAC) rejected Grover’s emergency plea against the ongoing governance review.
Elite Elite
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I read this as Ashleel Grover

Deal Baba Deal Baba
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A day after his resignation, the board has sacked him from all positions — it no longer identifies him as a co-founder

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