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Ashneer Grover Says BharatPe Has $10 Million For Lawyers But Not For World Cup 2023
1 year, 1 month ago

Ashneer Grover Says BharatPe Has $10 Million For Lawyers But Not For World Cup 2023

News 18  

A day after Ashneer Grover received summons from the Economic Offences Wing of Delhi Police regarding a BharatPe suit, the former Shark Tank judge said BharatPe spent $10 million easily on lawyers against me but does not have $10 million for World Cup. Sharing a “business trivia” about the World Cup, Ashneer Grover in a post on X said, “BharatPe …

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Ashneer Grover hits out at former SBI Chairman Rajnish Kumar
1 year, 1 month ago

Ashneer Grover hits out at former SBI Chairman Rajnish Kumar

Live Mint  

BharatPe former co-founder and managing director Ashneer Grover on November 17 hit out at former SBI Chairman Rajnish Kumar and accused him of "delivering nothing and creating a deflection to hide behind" in a post on social media platform X. This development comes after a public argument between BharatPe co-founder Ashneer Grover and CapitalMind founder and CEO Deepak Shenoy. Amid …

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Former SBI Chief Rajnish Kumar appointed Chairman of Mastercard India
1 year, 3 months ago

Former SBI Chief Rajnish Kumar appointed Chairman of Mastercard India

Live Mint  

Leading credit card company Mastercard announced on Thursday, September 14, that it has appointed Rajnish Kumar, former Chairman of the State Bank of India, as the Chairman of Mastercard India. Kumar will guide Mastercard’s South Asia executive leadership team led by Gautam Aggarwal, Division President for South Asia & Country Corporate Officer, India, in navigating the domestic payments landscape, Mastercard …

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Ashneer Grover calls hiring ex-SBI Chairman Rajnish Kumar his biggest mistake
2 years ago

Ashneer Grover calls hiring ex-SBI Chairman Rajnish Kumar his biggest mistake

Live Mint  

BharatPe former co-founder and managing director Ashneer Grover on Friday hit out at former SBI Chairman Rajnish Kumar and said that hiring him was his 'biggest mistake'. In October 2021, Grover spoke about Rajnish Kumar's appointment and had said, “It is a matter of great validation and pride for us that one of the biggest stalwarts of the Indian Banking …

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BharatPe board may take legal action against Ashneer Grover, alleges family 'engaged in misappropriation of funds'
2 years, 9 months ago

BharatPe board may take legal action against Ashneer Grover, alleges family 'engaged in misappropriation of funds'

Firstpost  

Ashneer Grover is no longer an employee, a founder, or a director of the company, said a statement issued by BharatPe. BharatPe reserves the right to take legal action against the embattled co-founder Ashneer Grover who quit yesterday as managing director and board director, the company said in a detailed statement hours after an extensive late night board meeting. Bitter …

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BharatPe's Ashneer Grover's Wife Madhuri Jain Fired; Tweets 'Now you may Indulge in Drunken Orgies...'
2 years, 10 months ago

BharatPe's Ashneer Grover's Wife Madhuri Jain Fired; Tweets 'Now you may Indulge in Drunken Orgies...'

News 18  

BharatPe has fired Madhuri Jain, the head of controls by and wife of founder Ashneer Grover, on the charges of ‘misappropriation of funds’, according to sources. Probe found personal spends of few crores on company money, including over Rs 1 crore on holiday travels,” BharatPe sources told CNBC-TV18. Jain has alleged a “witch-hunt” by BharatPe chairman Rajnish Kumar and others. …

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There Will be Corrective Action Depending on Outcome of Audit Report: Chairman Rajnish Kumar - News18
2 years, 10 months ago

There Will be Corrective Action Depending on Outcome of Audit Report: Chairman Rajnish Kumar - News18

News 18  

BharatPe Board chairman Rajnish Kumar on February 5 said the board will launch “corrective action” based on the outcome of an audit report by risk advisory firm Alvarez and Marsal that examined corporate governance issues mainly concerning personal investments by co-founder Ashneer Grover. “Of course, there will be corrective action depending on what the report says,” Kumar, the former boss …

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BharatPe founder Ashneer Grover denies allegations of fraud, poor work culture; guns for his investors
2 years, 10 months ago

BharatPe founder Ashneer Grover denies allegations of fraud, poor work culture; guns for his investors

Firstpost  

Grover has made it clear that current CEO Suhail Sameer does not have his support, and that the latter is the ‘investors’ puppet’ Ashneer Grover is calm. Grover is co-founder and managing director of BharatPe, a company that was better known for its QR code aggregator app, service and surprise bank licence until a month ago, but is now best …

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