03/03/2022

 Ashneer Grover has been   stripped off from
 Co-Founder tag by BharatPe

Prakash

 He was stripped of 1.4% equity which is worth Rs. 300 Crore. 

He along with his family and relatives has been accused of extensive misappropriation of company funds. 

Ashneer Grover states this as a case of personal hatred and low thinking.

Image Credit: www.indiabusinessjournal.com

However, Ashneer Grover resigned from BharatPe On March 1 Tuesday, following the consequence of controversy.

BharatPe has also engaged a law firm and risk  advisory consulant to conduct a detailed investigation for the matter.

His wife Jain was fired few days before this follwoing the review as well as her ESPO's were also cancelled.

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