BharatPe - Payments app

[Bapun]

The board of BharatPe has decided to terminate the services of Ashneer Grover, the company’s co-founder and managing director, two people familiar with the developments said.

BharatPe likely to fire co-founder Ashneer Grover amid fraud concerns

The company has engaged a law firm and a risk advisory consultant to conduct a more detailed investigation, the results of which are expected to take two months

www.livemint.com

 

[Bapun]

The intellectual property (IP) division of Delhi high court has rejected the petition filed by fintech unicorn BharatPe, urging the court to cancel copyrights of arch-rival PhonePe on the ‘Pe’ suffix.

Delhi HC rejects BharatPe’s petition against PhonePe

Both firms have been arguing over the use of ‘Pe’ since 2018, even before filing the lawsuits

www.livemint.com

 

[Bapun]

India's BharatPe to overhaul governance after co-founder row -sources

Indian IPO-hopeful BharatPe is aiming to quell investor disquiet over a public row involving personal investments by one of its co-founders with an independent audit to bolster internal governance rules, two sources with direct knowledge said.

www.reuters.com

 

[iDJ]

At BharatPe, probe finds recruitment fraud and payments to fictitious firms

Madhuri Grover Jain, the company’s erstwhile controller who is married to co-founder Ashneer Grover, is at the centre of the wrongdoing

www.livemint.com

 

[Bapun]

Exclusive: Board is arm-twisting me to exit BharatPe, says Ashneer Grover

Ashneer Grover has alleged that the board feels he will go from being the biggest strength to their biggest liability because he is headstrong.

www.moneycontrol.com

 

[iDJ]

Ashneer Grover resigns from BharatPe.

Ashneer Grover resigns as BharatPe MD and Director

Business News: Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.

www.cnbctv18.com

 

[somnath chakraborty]

Ashneer Grover resigns from BharatPe.

Ashneer Grover resigns as BharatPe MD and Director

Business News: Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.

www.cnbctv18.com

Aa gaya shark tank India ka maaza ( he got taste of being part of shark tank india)

 

[Yashvardhan Jain]

https://twitter.com/x/status/1498933834238545924

Source

 

[Bapun]

"Ashneer Grover No Longer Employee, Founder": BharatPe Threatens To Sue

www.ndtv.com

https://twitter.com/x/status/1498936875733508096

Source

 

[Bapun]

“How can a designer and founder’s wife be the head of internal controls? The board should have seen that as a huge conflict of interest. They should have appointed an internal auditor and checked this. Because this is not a small startup (where relatives often hold positions and may be acceptable),” said Shriram Subramanian, founder and managing director of InGovern, a proxy advisory firm.

BharatPe mess leads to questions over board’s role

Could BharatPe's board have detected fraud earlier? Did it let clear governance issues persist too long? Moneycontrol explores

www.moneycontrol.com