From Ashneer Grover To Rishabh Jain – Indian Founders That Let Their Board Dictate Terms!
1 year, 10 months ago

From Ashneer Grover To Rishabh Jain – Indian Founders That Let Their Board Dictate Terms!

ABP News  

New Delhi, May 5: It's not uncommon for startup founders to be in a scuffle with the board of their companies, but it's not a situation that many expect to find themselves in. Recently, Rishabh Jain, Founder and CEO of Shiftal – one of India’s top 5 and leading blockchain companies, was asked to resign from his position. However, recently, Rishabh was asked to resign from his operational position by the Shiftal executive board, which has caused a stir in the Indian startup ecosystem. The reason for his scuffle with the is not clear, but some reports suggest that it was due to differences between Rishabh and the board regarding the company's direction and strategy, while some suggest that he just got blamed for the whole blockchain industry taking a huge dive because of the ongoing market recession and industry crash. He joins the league of Indian founders who faced similar challenges but went on to build successful businesses and become leading figures in the Indian business community.

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History of this topic

’Leave India! It’s high time’: Startup founder’s controversial post on Reddit goes viral
3 months ago

’Leave India! It’s high time’: Startup founder’s controversial post on Reddit goes viral

Live Mint  

A recent controversial post by an entrepreneur on Reddit advising high-salaried individuals to leave India due to high taxes and lack of innovation is gaining lot of attention. The Reddit user also said that currently he is "running it successfully" after raising a lot of money, adding: "I employ nearly 30 people paying an average salary of ₹15 L." The …

Ashneer Grover says, ‘Banks se tech nahi ho rahi’ as Kotak Mahindra Bank share prices drop 10%; netizens react
11 months ago

Ashneer Grover says, ‘Banks se tech nahi ho rahi’ as Kotak Mahindra Bank share prices drop 10%; netizens react

Live Mint  

Ashneer Grover took a dig at Kotak Mahindra Bank after the company's share prices dropped 10%. The plunge happened after the Reserve Bank of India ordered the bank to stop adding new customers through its online platforms and halt issuing new credit cards. “after grand success of destroying shareholder value in Paytm, Hdfc bank, IIfl finance, Jm financial, here comes …

Ashneer Grover tweets in Haryanvi to take a dig at Dhruv Bahl’s BharatPe exit
1 year, 6 months ago

Ashneer Grover tweets in Haryanvi to take a dig at Dhruv Bahl’s BharatPe exit

Hindustan Times  

Ashneer Grover, BharatPe co-founder, took a jibe at Dhruv Dhanraj Bahl after he stepped down as Chief Business Officer. “Tweeting in Haryanvi should be a thing,” shared Ashneer Grover while taking a dig at Bahl’s departure from the fintech firm. Take a look at what Ashneer Grover wrote in Haryanvi below: Since being shared on August 30, the tweet has …

Zerodha, Byju's: Twitter Users List the Indian Startups They Would Like to Lead
2 years, 1 month ago

Zerodha, Byju's: Twitter Users List the Indian Startups They Would Like to Lead

News 18  

The world of startups has been attracting people in search of work. Now, Twitter user Anubhav Dubey took to the micro-blogging site and asked people: If given a chance to become the CEO of an Indian Startup? Anubhav is the founder of another startup called ‘Chai Sutta Bar.’ If you get a chance to become the CEO of an Indian …

Ashneer Grover to Start New Venture With Own Money; Know Why He Won't Go Back to Investors
2 years, 10 months ago

Ashneer Grover to Start New Venture With Own Money; Know Why He Won't Go Back to Investors

News 18  

BharatPe co founder and former managing director Ashneer Grover has come into the spotlight again, but this time it is not the feud that he is famous for. “It’s a badly fought corporate battle,” Grover said while refusing to be drawn into the alleged misconduct with shareholders that had put him in the limelight. Following a series of bitter row …

Ashneer Grover says he'll start his own venture sans investors
2 years, 10 months ago

Ashneer Grover says he'll start his own venture sans investors

India TV News  

Ashneer Grover says he'll start his own venture sans investors Grover, who along with his wife Madhuri Jain Grover has been stripped of all company titles over alleged "extensive misappropriation of company funds" and using "company expense accounts" to "enrich themselves and fund their lavish lifestyles", said he will not go back to investors again. Ashneer Grover, co-founder and former …

BharatPe Co-Founder Nakrani Says Board Acted Decisively In Removing Ashneer Grover
3 years ago

BharatPe Co-Founder Nakrani Says Board Acted Decisively In Removing Ashneer Grover

ABP News  

New Delhi: Shashvat Nakrani, co-founder BharatPe, has accused Ashneer Grover, another co-founder of the fintech firm, of creating a false narrative about the company and said the board acted quickly and decisively in unseating him after PwC report, according to a report in the PTI. Ashneer sent in his resignation late night on March 1, 2022 to the board, minutes …

Ashneer Grover is 'No Longer a Founder' of BharatPe; Company Can Take Legal Action for 'Spinning Lies'
3 years ago

Ashneer Grover is 'No Longer a Founder' of BharatPe; Company Can Take Legal Action for 'Spinning Lies'

News 18  

A day after Ashneer Grover resigning from BharatPe, the company’s board said that he is no longer an employee, a founder, or a director of the fintech firm. “As a result of his misdeeds, Mr. Grover is no longer an employee, a founder, or a director of the company,” the board said in a statement. Ashneer Grover, the embattled founder …

Fame to failure in few months! Tracking Ashneer Grover's downfall
3 years ago

Fame to failure in few months! Tracking Ashneer Grover's downfall

India Today  

BharatPe co-founder Ashneer Grover has resigned as managing director and board director, the payment startup said on Tuesday. In a scathing resignation letter, Grover cited reasons for quitting BharatPe board, even as he minced no words to hit back at officials for allegedly targeting him. PUBLIC ROW WITH KOTAK MAHINDRA BANK One of the major controversies pertaining to Grover came …

Ashneer Grover quits BharatPe board: Full text of resignation letter
3 years ago

Ashneer Grover quits BharatPe board: Full text of resignation letter

India Today  

Ashneer Grover has resigned as the managing director of BharatPe. Last week, the services of Grover’s wife and ex-head of controls at the Indian fintech unicorn Madhuri Jain, were terminated by BharatPe based on the allegations of financial irregularities and money siphoning, according to a Business Today report. ASHNEER GROVER'S RESIGNATION LETTER - FULL TEXT Here is the full text …

Ashneer Grover resigns from BharatPe, pens strongly-worded resignation letter
3 years ago

Ashneer Grover resigns from BharatPe, pens strongly-worded resignation letter

India Today  

Ashneer Grover, the beleaguered co-founder of BharatPe, has resigned as the managing director and board director of the Indian fintech unicorn. ASHNEER GROVER'S RESIGNATION LETTER Grover has written a scathing resignation letter addressing the board. I say with my head held high that today this company stands as a leader in the fintech world," Grover wrote in his resignation letter, …

BharatPe Co-founder Ashneer Grover Resigns, Says 'Founder of Company Reduced to...'
3 years ago

BharatPe Co-founder Ashneer Grover Resigns, Says 'Founder of Company Reduced to...'

News 18  

Ashneer Grover, the co-founder and managing director of BharatPe, has resigned from the fintech firm amid ongoing controversy at the company. BharatPe-Ashneer Grover Controversy: A Timeline Earlier this year, a phone conversation went viral in which a man, alleged to be Ashneer Grover, could be heard abusing an employee of Kotak Mahindra Bank after the lender had missed out on …

Ready with plan to lobby for Indian startups: IndiaTech CEO
6 years, 5 months ago

Ready with plan to lobby for Indian startups: IndiaTech CEO

Live Mint  

Bengaluru: After the exit of Sachin Bansal from Flipkart earlier this year, IndiaTech, the lobby group that was Bansal’s brainchild, is trying to kickstart operations by hiring staff and pursuing a three-point agenda with regulators. Under its new chief executive officer Rameesh Kailasam, IndiaTech has formulated an agenda that includes seeking a level-playing field for Indian startups, loosening of initial …

Life and times of a startup founder after a million-dollar exit
6 years, 9 months ago

Life and times of a startup founder after a million-dollar exit

Live Mint  

What’s Raghunandan G.’s cardinal rule for a founder exiting a startup? “Because I always felt something was taken away from me, I wanted to find a way back into the startup ecosystem,” he says, alluding to the fact that TaxiForSure failed to secure funding following the 2014 Uber rape case in Delhi, and that forced the company founders, Aprameya Radhakrishna …

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