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13 hours ago · Ashneer Grover will no longer be associated with BharatPe in any capacity. BharatPe and Ashneer Grover reached a settlement, ending their dispute. Ashneer Grover's certain shares will be ...
11 hours ago · The EOW filed an FIR against BharatPe co-founder Ashneer Grover, his wife Madhuri Jain and their family members Deepak Gupta, Suresh Jain and Shwetank Jain in May 2023 in the Rs 81-crore fraud case.
9 hours ago · BharatPe has successfully reached a definitive settlement with its former co-founder, Ashneer Grover, effectively concluding years of legal disputes. Under the terms of this agreement, Grover will sever all associations with BharatPe and relinquish any shareholding in the company. The settlement marks a significant turning point for both ...
5 hours ago · Part of the shares held by Ashneer Grover will be transferred to the Resilient Growth Trust for the benefit of the company and remaining shares will be managed by his family trust. Confirming the development, Grover said in a statement, “I will no longer be associated with BharatPe in any capacity, nor be part of the capital table. My remaining shares will be managed by my Family Trust. Both parties have decided not to pursue the cases filed. I hope BharatPe continues to grow and succeed ...
15 hours ago · — Ashneer Grover (@Ashneer_Grover) September 30, 2024. Law firms Sim and San and Trilegal led the settlement discussions on behalf of BharatPe, along with BharatPe General Counsel Sumeet Singh. The Sim and San team was led by Senior Partners Mohit Goel and Sidhant Goel, along with Managing Associate Deepankar Mishra and Senior Associate Aishna Jain.
15 hours ago · — Ashneer Grover (@Ashneer_Grover) September 30, 2024. The decision to settle the dispute came just days after Deepak Gupta, the husband of Grover’s wife Madhuri Grover’s sister, was arrested by the Economic Offences Wing (EOW) of Delhi Police in connection with alleged fund misappropriation at BharatPe. Gupta was taken into custody on September 19 and was expected to be presented before the Chief Judicial Magistrate.
11 hours ago · Ashneer Grover said in a post on X. The tussle between the two came to light last January shortly after an audio clip surfaced, in which Ashneer was purportedly heard using expletives against a Kotak Bank staffer. While he claimed that the audio clip was fake, the bank said it would take legal action over it. Two weeks later, Ashneer went on voluntary leave of absence until March-end. This happened after an e-mail thread between Ashneer and Sequoia, BharatPe’s largest shareholder ...
12 hours ago · BharatPe has reached a definitive settlement with its former co-founder, Ashneer Grover, concluding years of legal conflict. As part of the agreement, Grover will no longer have any association ...
12 hours ago · This settlement marks the end of a highly publicized and bitter dispute between Grover and the company he co-founded. New Delhi: Fintech company BharatPe has reached a final agreement with its former co-founder, Ashneer Grover. The deal has put an end to their long-standing legal battle. As part of the settlement, Grover will no longer be ...
8 hours ago · BharatPe co-founder Ashneer Grover will no longer be associated with the company or hold any shareholding as part of a settlement agreement, the fintech unicorn said in a statement on 30 September ...
