Ashneer Grover BharatPe

In a post directed at BharatPe's co-founder, Grover on Twitter revealed how Nakrani wanted to “bunk office” for a year to complete his IIT degree.

Shashvat to Board: No objection in filing case against Ashneer.” In the post, he wrote, “Doglapan: Shashvat (Co-Founder) to me. It also issued summons to Grover’s father, his brother-in-law, and his brother. In the post, Grover seems to be offended by Nakrani’s decision to give a nod to the BharatPe board for initiating criminal proceedings against him. Additionally, the Delhi High Court has issued notice and summons to the couple and other family members to restrain them from making defamatory statements against the fintech company. Grover, in his latest post on social media platform, Twitter, has called out BharatPe’s co-founder Shashvat Nakrani.

Court grants 2 weeks time to Grover, his wife & 3 other relatives to file their replies to BharatPe's suit seeking to restrain them from making defamatory ...

In the suit, the company has stated that from 2018 till January 2022, the defendants made it to enter into various dubious transactions, including misappropriation of the funds of the plaintiff for their personal use, resulting in monetary loss amounting to Rs 83.67 crore. The senior counsel also showed the court several tweets posted by Grover and his relatives following his ouster from the company. In the suit, the company has also sought to direct the couple and three others to pay more than Rs 88.67 crore along with interest towards recovery of alleged misappropriated funds and damages caused to the reputation of the firm.

The suit comes months after they were ousted from the company over allegations of misappropriation of funds.

Grover currently holds roughly 8.5% in BharatPe, of which 1.4% is not vested. The Delhi-based fintech unicorn moved the court seeking damages of Rs 88 crore from Grover, Jain and other family members in a fresh civil suit. Earlier in the year, BharatPe had alleged embezzlement of funds by Grover and his wife, who was the head of controls at the Sequoia Capital-backed start-up. Without naming Grover, the fintech firm said necessary action has been initiated “against the former founder to claw back his restricted shares as per the shareholders’ agreement. Further, BharatPe also clawed back Grover’s restricted shares in the company. “Charges against Ashneer & family include cheating, siphoning, criminal breach of trust, embezzlement of funds.

Fintech unicorn accuses Grover and his family of embezzling company funds to pay for personal expenses, including rent, plane tickets, and skincare ...

The suit, running into 2800 pages, alleges that Ashneer Grover, his wife Madhuri Jain and other family members created fake bills, enlisted fictitious ...

"We have full faith in the courts and authorities and are confident that justice will be done. The damages sought include a claim for payment made against the invoices of non-existent vendors amounting to ₹ 71.7 crore; a claim for penalty paid to GST authorities amounting to ₹ 1.66 crore; payments made to vendors purportedly providing recruitment services totalling ₹ 7.6 crore; and ₹ 5 crore damages for loss of reputation to the company caused by tweets and other statements made by Grover and his family members. As the matter is sub-judice, we have no further comment to offer at this stage," the spokesperson said. The company filed a criminal complaint against AshneerGrover and his family with the Economic Offences Wing (EOW) on 17 counts, including criminal breach of trust, forgery, document fabrication, and embezzlement. The next hearing date has been set for January 9. A company spokesperson said, "BharatPe has initiated civil and criminal action against erstwhile co-founder and managing director Ashneer Grover, former Head of Controls Madhuri Jain Grover and other connected parties of their family for various claims, including misappropriation of company funds."

BharatPe has filed a civil suit and a criminal complaint against its former MD and co-founder Ashneer Grover and his family that include his wife Madhuri ...

It will hear the matter again on January 9. We have full faith in the courts and authorities and are confident that justice will be done. The fintech unicorn is seeking up to Rs 88.67 crore in damages.

భారత్‌పే కో-ఫౌండర్‌, మాజీ ఎండీకి భారీ షాక్‌! 9 Dec, 2022 14:43 IST|Sakshi.

అష్నీర్ గ్రోవర్ నిరోధిత షేర్లను వెనక్కి తీసుకోవడంసహా, ఆయన పా ల్పడిన అవకతవకలపై చర్యలకూ ఉపక్రమించింది. ఫిర్యాదుపై ఢిల్లీ హైకోర్టు గ్రోవర్, ఆయన కుటుంబ సభ్యులకు నోటీసులు జారీ చేసింది. వారితోపాటు దుష్ప్రవర్తనకు పాల్పడిన ఉద్యోగులందరిపై చర్యలు తీసుకో వాలని సంస్థ నిర్ణయించింది. దాదాపు 2,800 పేజీల ఫిర్యాదులో భారత్పే గ్రోవర్, ఆయన భార్య మాధురీ జైన్, ఇతర కుటుంబ సభ్యులపై తీవ్ర ఆరోపణలు చేసింది. న్యూఢిల్లీ: ఫైనాన్షియల్ టెక్నాలజీ యునికార్న్ భారత్పే-తన మాజీ మేనేజింగ్ డైరెక్టర్ (ఎండీ), సహ వ్యవస్థాపకుడు అష్నీర్ గ్రోవర్, ఆయన కుటుంబంపై క్రిమినల్ కేసు, సివిల్ దావా దాఖలు చేసింది. 88.67 కోట్ల వరకు నష్టపరిహారం చెల్లించాలని భారత్ పే డిమాండ్ చేసింది.

The BharatPe-Ashneer Grover saga continues. Many expected the mercurial founder's upcoming memoir (titled Doglapan) to serve as a conclusion to a tumultuous ...

The Delhi High Court on Thursday issued summons to BharatPe's former managing director Ashneer Grover and his wife on a suit filed by the company seeking to ...

BharatPe has filed a civil suit against its former MD Ashneer Grover, his wife Madhuri Jain Grover, and his family.

फिनटेक स्टार्टअप भारतपे (BharatPe) ने अपने पूर्व मैनेजिंग डायरेक्टर और को-फाउंडर अशनीर ...

फिनटेक कंपनी भारतपे और उसके को-फाउंडर एवं पूर्व मैनेजिंग डायरेक्टर अशनीर ग्रोवर की ...

BharatPe के एक्स को-फाउंडर Ashneer Grover और शाश्वत नकरानी के बीच विवाद थमने का नाम नहीं ले रहा ...

आपको बता दें कि BharatPe ने साल की शुरुआत में ग्रोवर पर कोष की धांधली, धोखाधड़ी के आरोप ...

This is BharatPe's third legal action against Ashneer Grover after a civil suit at the Delhi High Court and criminal complaint with the Economic Offences Wing.

Of this, 1.4 per cent is not vested. It is seeking up to ₹ 88.67 crore in damages. Ashneer Grover, who BharatPe has accused of cheating and embezzlement of funds, holds about 8.5 per cent of the company.

Ashneer Grover's earliest career stint was with Kotak Investment Banking where he served the company for seven years ...

In a lawsuit filed against the Grovers, BharatPe has demanded Rs 88.67 crore in damages. After Grover's exit, co-founder Bhavik Koladiya and founding member Satyam Nathani also left the organisation. The firm counts Tiger Global, Sequoia Capital, among others, as its investors