Ashneer Grover, the co-founder of BharatPe, has commented about being open and honest in his personal and professional life. Ashneer also re... Read more
Ashneer Grover, the co-founder of BharatPe, has commented about being open and honest in his personal and professional life. Ashneer also remarked in a new interview that if he were Shah Rukh Khan, he would have been invited on the business reality show Shark Tank India.Entrepreneurs present their company ideas to a panel of sharks,' who provide their funding and assistance in exchange for stock in Shark Tank India. The show ran on Sony Entertainment Television on weekdays for more than two months. Ashneer was one of the sharks on the show's inaugural season, which finished on February 4th.Ashneer praised his father for being truthful. ", he explained "I was in an industry where if you lie to yourself for even a week, the competition would catch up with you and destroy you. As a result, I had to be brutally honest with myself in order to keep my staff and investors honest. More importantly, I need to be honest with myself because the market will kill you. Whatever firms I've built in the previous four years have all been multibillion-dollar enterprises, and it's only been possible because you're honest with yourself and with all of your stakeholders."What is the recent trouble that brought Ashneer on the news?Ashneer was recently involved in a row with the BharatPe board of directors on charges of using harsh language against Kotak Mahindra Bank employees and engaging in fraudulent acts. According to an audiotape that leaked on social media, Ashneer threatened an employee for losing out on share allotment during FSN E-Commerce Ventures' first public offering, which owns the online fashion and wellness brand Nykaa. According to the news agency PTI, Ashneer has been placed on leave for three months. According to reports, he claimed that the company's investors forced him to take a leave of absence.Please Note: The information was last updated on 22/02/2022*Disclaimer Statement: This content is authored by an external agency. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
- Ashneer Grover reflects on 2024 Lok Sabha election results during Statue of Liberty visit: 'India mein parliamentary democracy hai'
BharatPe co-founder Ashneer Grover, while visiting the Statue of Liberty in New York, shared his thoughts on the 2024 Lok Sabha election results. In a post on X (formerly Twitter), Grover praised Indian voters for demonstrating their intelligence and the strength of parliamentary democracy. He emphasized the importance of selecting better MP candidates at the constituency level. Grover's post received mixed reactions from social media users. - 'Picture abhi baaki hai': Anupam Mittal reacts to 2024 Lok Sabha election results
Anupam Mittal and Ashneer Grover share their thoughts on the 2024 Lok Sabha election results, highlighting the public's political wisdom. The NDA's decisive victory, with 293 seats, including 240 by the BJP, underscores a clear mandate. Mittal emphasizes the importance of internal party dynamics, while Grover praises the public's ability to choose MPs effectively. - ADVERTISEMENT
- Ashneer Grover accused of hypocrisy after demanding roast video removal: Netizens calls him 'Rakhi Sawant of startup world'
Ashneer Grover, renowned for his blunt critiques on Shark Tank India, faced backlash after comedian Aashish Solanki revealed that episode 5 of his 'Pretty Good Roast Show' was removed from YouTube following Grover’s demand. Solanki's roast humorously addressed Grover’s removal from BharatPe, which didn’t sit well with Grover, leading him to request the segment's removal. Social media erupted with criticism, accusing Grover of hypocrisy and inability to handle jokes. - ₹80 cr security must for BharatPe co-founder Ashneer Grover and wife Madhuri Jain's US Visit
The couple will also have to submit all the details of their stay, hotels, travel, and phone numbers with the court and the investigative agencies. Besides, the HC also restrained them from creating third party rights on the shares of BharatPe held by them. The court said that one of the parties would stay in India as a "mortgage" while the other travels. - Don’t make third-party rights on shares transferred by Bhavik Koladiya, HC tells Ashneer Grover
- HC asks Ashneer Grover not to create third party rights in shares transferred by BharatPe cofounder
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- Ashneer Grover adds fuel to ‘Tax Politics’ fire, says only 0.5 per cent voters pay 'meaningful' tax
- Flipkart eyes quick-commerce entry; No point Googling ‘swadeshi’
- Dude, take a break...: Ashneer Grover to Zerodha CEO Nithin Kamat who suffered a stroke
- Is Ashneer Grover working on a film? Former BharatPe co-founder teases 'Doglapan 2.0' and movie plans
Ashneer Grover's autobiography, 'Doglapan: The Hard Truth about Life and Start-Ups,' details his journey from a 'refugee' in Delhi to a prominent entrepreneur. It has resonated with readers nationwide, earning praise for its authenticity and honesty. Keeping fans eagerly anticipating what's next, Grover has now teased plans for 'Doglapan 2.0' and a movie adaptation. - HC rejects BharatPe cofounder Nakrani’s interim plea to stop Grover from selling shares
- BharatPe gets fresh notice from MCA
- #Doglapan: Ashneer Grover hits out at Shark Tank India for using his name to get publicity
Former Shark Tank India judge, Ashneer Grover, criticizes the show for using his name to boost views. The controversy, sparked by a tweet highlighting the hashtag #AshneerGrover in video titles, draws reactions from fans longing for his return. Grover, known for his candid approach, suggests changes in the show's dynamics. As Shark Tank India navigates its third season, the dispute underscores the enduring impact of Grover's popularity and influence on the audience. - BharatPe files fresh case against Ashneer Grover for divulging confidential information
- When Shark Tank's Deepinder Goyal turns into 'Ashneer Grover lite' and fans are loving this 'dogla twist'
In a recent Shark Tank India Season 3 clip, Zomato CEO Deepinder Goyal's critique of business pitches drew attention, leading to comparisons with ex-judge Ashneer Grover. The show's official handle shared Goyal in 'Shark mode,' critiquing contestants for presentation errors. Goyal's meticulous approach resonated with viewers, emphasizing the importance of precision. Despite the positive response, social media expressed a longing for Ashneer Grover's return. Shark Tank India Season 3 premiered on January 22, featuring entrepreneurs pitching to a panel of judges. - 'Shark Tank India Season 3': Deepinder Goyal's debut reminds netizens of Ashneer Grover as Zomato co-founder grills pitcher
- Whenever we see a line being breached, we will go back to court: BharatPe’s stand-in CEO Nalin Negi
- BharatPe vs Ashneer Grover saga: The story so far…
Earlier this week, Economic Offences Wing (EOW) of the Delhi Police, in a status report to the Delhi High Court, said there were discrepancies in vendor invoices putting the focus back on the long-drawn saga between the Grovers and BharatPe, which started in January 2022, with both sides fighting a bitter and public battle in court. - NCLT tells Ashneer Grover to establish maintainability of plea against BharatPe
- Ranveer Singh shares Maldives photo by mistake in a bid to promote Lakshadweep, Ashneer Grover takes a veiled potshot
- BharatPe cofounder Ashneer Grover, wife stopped at Delhi airport while travelling to New York
- BharatPe probe finds invoice discrepancies, vendor linkages to Grover’s family members
- Delhi High Court levies Rs 2 lakh fine on Ashneer Grover for violating its May order
"I am appalled to see the persistent violation of the court's orders," Justice Rekha Palli said while examining the social media posts by Grover against BharatPe. Though the judge accepted the apology tendered by Grover, she said it will be subject to a payment of ₹200,000 to the Delhi High Court Clerks Association. - Ashneer Grover apologises, Delhi HC imposes Rs 2 lakh costs over posts against BharatPe
- BharatPe interim CEO details bounce back plans; Hinduja Tech plans minority stake sale
- We are working to co-create products with Unity Bank; will increase stake in NBFC: BharatPe’s stand-in CEO Nalin Negi
- BharatPe hits Ashneer Grover with fresh case; Tesla ready to invest in India, but conditions apply
- BharatPe fraud complaint: EOW summons Ashneer Grover, wife on November 21
- Ashneer Grover, wife stopped at Delhi airport; Walmart’s Q3 report card
- I’m not a flight risk, will cooperate with EOW: Ashneer Grover after being stopped at Delhi airport
- BharatPe cofounder Ashneer Grover, wife stopped at Delhi airport while travelling to New York
- EOW’s latest reveals in BharatPe probe; Narayana Murthy wants India to invest in teachers
- Too real to miss! Ashneer Grover's post about Orry is a must-see
- Video of Ferraris stuck in Bengaluru traffic goes viral. Ashneer Grover reacts
- Row over comments of BharatPe co-founder Ashneer Grover on Indore's top rank in cleanliness survey
Indore's mayor has said that legal action will be taken against BharatPe co-founder Ashneer Grover over comments of the city's top rank in cleanliness survey being allegedly 'bought'. In a viral video, Grover can be heard claiming the same after having lived in the city for three-four years, however he clarified later on that he was talking about the construction works. - Oyo founder Ritesh Agarwal joins Shark Tank India season 3 as judge
- Ashneer Grover says he has removed all defamatory social media posts against BharatPe
- Sorry, not sorry! says BharatPe's Ashneer Grover while offering an apology to Indore amid controversy over cleanliness ranking
BharatPe co-founder, Ashneer Grover, has apologized to Indore while standing his ground against politicians after making controversial comments about the city's cleanliness ranking. A non-cognizable offence information report (NCR) has been filed against Grover, who suggested that the ranking had been "bought." He expressed regret to Indore but not to politicians, emphasizing that his comments were meant as a light-hearted jest. The ongoing debate has sparked discussions about the significance and authenticity of cleanliness rankings. - Ashneer Grover on India's 'punishing' tax system, charity and his future as a politician
- Income tax officials can seek details of ITRs filed by investors in startups
"Finance Act, 2012 mandated that the nature and source of any sum credited as share capital, share premium etc., in the books of a closely held company (excluding venture capital fund or a venture capital company registered with Sebi) shall be treated as explained u/s 68 only if the source of funds from a resident shareholder is also explained by investor," the I-T department said. - Ashneer Grover, the influencer, earns more than Ashneer Grover, the entrepreneur
- Delhi HC refuses to stay investigation against Ashneer Grover, wife in EOW FIR
- Unable to get your child admission in nursery? You will relate to Ashneer Grover's post
- Delhi HC refuses to stay probe against former BharatPe executives Ashneer Grover, Madhuri Jain
- Income Tax dept seeking shareholders’ details from some startups: Ashneer Grover
- Ashneer Grover explains why BharatPe is 'special'. It's not what you expect
BharatPe co-founder Ashneer Grover has been at loggerheads with the fintech platform ever since he resigned after a dramatic spat. Since then, Ashneer has been taking digs at the company and its management. In his latest post, the entrepreneur explained why BharatPe is special. "BharatPe is special ! It’s management under Rajnish Kumar is a class act (will become management case study)," he wrote on Twitter. - Ashneer Grover's 'politics' jibe as Centre imposes 28% GST on gaming
- BharatPe's ex-co-founder Ashneer Grover proudly announces wife's impressive tax contributions
The situation escalated further when BharatPe sought legal intervention by summoning the Grovers to the Delhi High Court. The company accused the family of orchestrating a "vicious and vitriolic campaign" against them. Among the allegations were the creation of counterfeit invoices, involvement of fictitious vendors providing services to the company, and excessive charges for recruitment services. In response, the fintech unicorn sought damages of up to Rs 88 crore from the Grovers. - Flipkart employee's Twitter rant sparks outrage over taxation woes and online gaming taxes
The conversation took a detour into the realm of online gaming, as Goyal and others discussed the government's recent decision to impose a 28 percent tax on funds collected by gaming companies from their customers. Many argued that this move was excessively burdensome and discouraged investment in the real-money gaming industry. - 'Aisa kaun karta hai': Ashneer Grover takes a jibe at BharatPe management'Aisa kaun karta hai': Ashneer Grover takes a jibe at BharatPe managementAshneer Grover, who had also co-founded BharatPe, claimed that as the comments are switched off, BharatPe investors are not able to get feedback from customers.
- Shark Tank India Season 1 | Over 40% of investment deals were closed: PrivateCircle reportShark Tank India Season 1 | Over 40% of investment deals were closed: PrivateCircle reportOver a year after Shark Tank India Season 1 aired on television, seven of the so-called sharks (investors) completed only 27 of the 65 soft commitments that they had agreed to deploy in startups that participated in the show, according to an analysis by PrivateCircle Research.
- Following GST Council's decision, Ashneer Grover calls for startup founders to join politicsFollowing GST Council's decision, Ashneer Grover calls for startup founders to join politicsAshneer Grover tweeted," RIP - Real money gaming industry in India. If the govt is thinking people will put in Rs100 to play on Rs72 pot entry (28% Gross GST); and if they win Rs 54 (after platform fees)- they will pay 30% TDS on that - for which they will get a free swimming pool in their living room come to the first monsoon - not happening !"
- 'Shark' is back in TV town! Ex-BharatPe boss Ashneer Grover takes a jibe at Gautam Gulati, 'Roadies 19' promo goes viral'Shark' is back in TV town! Ex-BharatPe boss Ashneer Grover takes a jibe at Gautam Gulati, 'Roadies 19' promo goes viralAshneer Grover, who was an ex-judge of the reality TV show ‘Shark Tank India’, left many fans disappointed when it was revealed that he won’t be returning to the judge’s seat for the second season.
- Problem isn’t Rs 15 payout: Ashneer Grover reveals the real reason behind Blinkit/Zepto issuesProblem isn’t Rs 15 payout: Ashneer Grover reveals the real reason behind Blinkit/Zepto issues“BlinkIt / Zepto - problem is not ₹15 for delivery against ₹50,” Ashneer Grover tweeted. “Problem is 10 Min delivery has no economics - low ticket size and low margin can never be solved through forced low delivery cost. BlinkIt journey : 90 Min (bull run) —> Next day (bear run) —> 10 Min (bull run) —> ??”, he added.
- Shark Tank personality Ashneer Grover criticizes airport lounges, calls them 'free meal scheme canteens'Shark Tank personality Ashneer Grover criticizes airport lounges, calls them 'free meal scheme canteens'Ashneer's viewpoint resonated with numerous netizens, who agreed with him in the comments section. This indicates that his opinion reflects a broader sentiment among travelers who may have encountered similar experiences in airport lounges.
- Ashneer Grover reveals he lost 15 kgs weight; Here's how
- CrickPe: Ashneer Grover is back with a bang, ahead of IPL!
- Ashneer Grover’s Third Unicorn to enter fantasy sports with CrickPeAshneer Grover’s Third Unicorn to enter fantasy sports with CrickPeCrickPe will allow players to participate in different contests by either creating private groups or playing with real cricketers to win cash rewards.
- Ashok Grover, father of BharatPe founder Ashneer Grover, no moreAshok Grover, father of BharatPe founder Ashneer Grover, no more"Bye Papa. Love you!" wrote the former Shark Tank India investor. "Take Care of Papaji, Badi Mummy, Nanaji and Naniji in heaven," he added.
- BharatPe appoints Kohinoor Biswas as head of its consumer lending business PostPeBharatPe appoints Kohinoor Biswas as head of its consumer lending business PostPeThis is the third major change at the top for the New Delhi-based fintech after its cofounders Ashneer Grover and Bhavik Koladiya left the company.
- Deloitte flags sourcing from inappropriately approved vendors at BharatPeDeloitte flags sourcing from inappropriately approved vendors at BharatPeIn its latest annual report, BharatPe presented opinion of its statutory auditor that said the company's internal control system for vendor selection as well as for approval of invoices for purchase of goods and services were not operating effectively, resulting in procurements at inappropriately approved prices.
- Byju’s lenders scrap talks to recast $1.2B loan; Janus Henderson cuts PharmEasy valuation furtherByju’s lenders scrap talks to recast $1.2B loan; Janus Henderson cuts PharmEasy valuation furtherByju’s woes seem to have no end. The company has suffered a series of setbacks over the last year, including ED raids and valuation markdowns. Now, lenders have halted talks with the edtech major to restructure a $1.2 billion loan. This and more in today’s ETtech Top 5.
- Koladiya vs Grover case: Delhi HC grants more time to Ashneer Grover to file responseKoladiya vs Grover case: Delhi HC grants more time to Ashneer Grover to file responseDuring the last hearing on January 18, the Delhi High Court restricted Grover from creating any third-party rights or interest on shares 'transferred' to him by Koladiya. Koladiya filed a suit to reclaim the disputed shares, saying Grover has not paid for the shares as per the agreement.
- BharatPe co-founder Ashneer Grover makes surprise appearance on latest season of RoadiesBharatPe co-founder Ashneer Grover makes surprise appearance on latest season of RoadiesIn the clip, gang leaders Prince Narula, Rhea Chakraborty and Gautam Gulati are seen engaged in an intense bidding war for contestants. At one point, Charoborty and Gulati also propose to walk out of the show. At that moment, Grover walks in and quizzes a contestant. "Bheek hi mang raha hai na. Bhai le lo mereko (you're begging to be selected, that please take me)," he said.
- Delhi HC asks ex-MD Ashneer Grover and Bharat Pe not to use defamatory languageDelhi HC asks ex-MD Ashneer Grover and Bharat Pe not to use defamatory languageWhile issuing notice on the plea of Bharat Pe, the Delhi High Court expressed its displeasure over the language used by Grover and Bharat Pe. The court asked them not to use unparliamentary and defamatory language.
- Google Bard comes to India; SoftBank Vision Fund logs $32 billion loss, sells 2% in PaytmGoogle Bard comes to India; SoftBank Vision Fund logs $32 billion loss, sells 2% in PaytmGoogle kicked off Google I/O, its annual developer conference, on Wednesday and made a slew of announcements. Besides launching Pixel Fold, Pixel 7a, and its first Pixel tablet, Google demonstrated some of the upgraded capabilities of its AI chatbot Bard and said it would roll it out in over 180 countries, including India.
- EOW files FIR against BharatPe's cofounder Ashneer Grover & family for alleged ₹81 cr fintech fraudEOW files FIR against BharatPe's cofounder Ashneer Grover & family for alleged ₹81 cr fintech fraudDelhi Police's Economic Offences Wing (EOW) filed an FIR against Ashneer Grover, his wife Madhuri Jain Grover, and family members Deepak Gupta, Suresh Jain, and Shwetank Jain for an alleged ₹81 crore fraud in December 2022. The alleged fraud was complained about by BharatPe.EOW files FIR against BharatPe's cofounder Ashneer Grover & family for alleged ₹81 cr fintech fraud
- EOW files FIR against BharatPe cofounder Ashneer Grover and his familyEOW files FIR against BharatPe cofounder Ashneer Grover and his familyThe family members named in the FIR include Grover’s wife Madhuri Jain Grover, as well as Deepak Gupta, Suresh Jain and Shwetank Jain.
- Delhi Police file FIR against BharatPe ex-MD Ashneer Grover for alleged cheating & fraudDelhi Police file FIR against BharatPe ex-MD Ashneer Grover for alleged cheating & fraudThe Economic Offences Wing (EOW) of Delhi Police has registered an FIR against former BharatPe managing director, Ashneer Grover for cheating and fraud of Rs 81 crore. A senior police official privy to the investigation said that a complaint was received and after initial enquiry into the allegations, the FIR was registered.
- Ashneer Grover appeals to switch on Mumbai Sea link lights with a hilarious tweetAshneer Grover appeals to switch on Mumbai Sea link lights with a hilarious tweetAshneer Grover has appealed to the Mumbai authorities to turn on the lights of the Bandra-Worli Sea Link cables. He even compared the Bandra-Worli Sea to the Bay Bridge in the US.
- BharatPe cofounder Ashneer Grover unveils new startup The Third Unicorn, asks VCs to stay outBharatPe cofounder Ashneer Grover unveils new startup The Third Unicorn, asks VCs to stay outIn his post, Ashneer Grover also highlighted an overarching framework of his upcoming venture. Taking a dig at the venture capital community, he said he only believes in “desi” (homegrown) or “self-earned” capital.
- Ashneer Grover reveals wife Madhuri Jain’s reaction after he liked Mouni Roy’s image on Instagram; Here’s what he saidAshneer Grover reveals wife Madhuri Jain’s reaction after he liked Mouni Roy’s image on Instagram; Here’s what he saidDuring a recent episode of the show "Couple Of Things" hosted by Amrita Rao and RJ Anmol, Ashneer Grover, a well-known entrepreneur, and his spouse Madhuri Jain Grover, shared a comical story from their past.
- BharatPe paid Rs 1.69 crore salary to Ashneer Grover in FY22, Rs 63 lakh to his wifeBharatPe paid Rs 1.69 crore salary to Ashneer Grover in FY22, Rs 63 lakh to his wifeFintech platform BharatPe paid a salary of Rs 1.69 crore to its Co-founder and managing director Ashneer Grover in FY22, while his wife Madhuri Jain Grover who was former head of controls at the company took home Rs 63 lakhs.
- Fantasy gaming to grow at 30% CAGR till 2027, regulatory clarity on GST to help: ReportFantasy gaming to grow at 30% CAGR till 2027, regulatory clarity on GST to help: ReportWith over 300 fantasy sports platforms (FSPs) and 18 crore users, India is the fastest-growing fantasy sports market in the world. Further, about 60% of user transactions on the fantasy sports platforms have come in through tier-II and tier-III cities.
- Gold plated coasters, dining table, private lift: Ashneer Grover gives a tour of his luxurious home in DelhiGold plated coasters, dining table, private lift: Ashneer Grover gives a tour of his luxurious home in DelhiBharatPe co-founder Ashneer Grover recently gave a sneak peek into his Delhi house during an interview. The prized possessions of the entrepreneur have taken the Internet by storm. Here is everything about Ashneer’s lavish house.
- BharatPe makes three new hires for security, audit and governance functionsBharatPe makes three new hires for security, audit and governance functionsThe company announced the appointment of Ambuj Bhalla as its chief information security officer (CISO), Rahul Bhatia as head of internal audit, and Ravinder Oberoi as head of compliance.
- Ashneer Grover, Aman Gupta's bond beyond Shark Tank IndiaAshneer Grover, Aman Gupta's bond beyond Shark Tank IndiaAman Gupta and Ashneer Grover's strong friendship prevails despite Ashneer's replacement in Shark Tank India Season 2.
- Ashneer Grover recounts meeting wife Madhuri Jain, knew he will marry this girlAshneer Grover recounts meeting wife Madhuri Jain, knew he will marry this girlMadhuri Jain met her now-husband Ashneer Grover while taking coaching lessons at Career Launcher in Delhi during her undergraduate studies at NIFT Delhi. Prior to collaborating professionally with her spouse, Madhuri worked with well-known companies, such as Satya Paul.
- Delhi HC restrains Ashneer Grover from creating 'interest' on Bhavik Koladiya's disputed sharesDelhi HC restrains Ashneer Grover from creating 'interest' on Bhavik Koladiya's disputed sharesKoladiya has filed a suit to reclaim the disputed shares, saying Grover has not paid for the shares as per the agreement.
- Ashneer Grover starts recruitment for his new venture, promises Mercedes to those who stay for 5 yearsAshneer Grover starts recruitment for his new venture, promises Mercedes to those who stay for 5 yearsThe 'Shark Tank India' judge makes an offer you can't refuse.
- How Ashneer Grover's biz partner Aseem Ghavri became an entrepreneur with Rs 8,000How Ashneer Grover's biz partner Aseem Ghavri became an entrepreneur with Rs 8,000Ashneer Grover and Aseem Ghavri together started Third Unicorn, their joint venture. Before this, Ghavri has founded several other startups, his entrepreneurial journey starting in 2009. In a LinkedIn post, Ghavri shared how he started his first business with nothing but strong will and Rs 8000 in pocket.
- Delhi HC grants additional time to Ashneer Grover, wife to file response in BharatPe legal suitDelhi HC grants additional time to Ashneer Grover, wife to file response in BharatPe legal suitThe High Court bench asked Grover’s counsel to advise him against speaking against the company’s professionals and maintain decorum.
- Ashneer Grover tweets poem after BharatPe CEO Suhail Sameer resignsAshneer Grover tweets poem after BharatPe CEO Suhail Sameer resignsBesides Suhail Sameer, Ousted BharatPe cofounder Ashneer Grover also targeted Shashvat Nakrani and asked him to 'man up and take care of the business'.
- Ashneer Grover's comment on comparison with Ankur Warikoo receives mixed reactions on social mediaAshneer Grover's comment on comparison with Ankur Warikoo receives mixed reactions on social mediaAshneer Grover has made scathing remarks after he was compared with Ankur Warikoo during an event at a management college. Grover was offended when a student compared him to Warikoo and made a joke at Warikoo's expense in response.
- 2022 Year in Review | The Ashneer Grover-BharatPe saga2022 Year in Review | The Ashneer Grover-BharatPe sagaOn February 23, BharatPe sacked Madhuri Jain, the company’s financial controller and Grover’s wife, on charges of misappropriating funds. Jain had been in charge of BharatPe’s finances since October 2018.
- BharatPe cofounder Ashneer Grover summoned by Delhi HC in unpaid shares disputeBharatPe cofounder Ashneer Grover summoned by Delhi HC in unpaid shares disputeDuring the hearing on Friday, Nakrani’s counsel sought an interim order from the bench of Justice Sachin Datta, referring to the similar case filed by Koladiya where the court had issued an interim order restricting Grover from creating any third-party rights on the shares.
- BharatPe founder Ashneer Grover launches fantasy sports app CrickpeBharatPe founder Ashneer Grover launches fantasy sports app CrickpeThrough Crickpe, which is a real-money gaming app, users of over 18 years of age will be able to create a virtual team of cricket players, and enter paid contests to earn cash prizes based on the players’ performance in real games. Users will also be able to participate in contests to win rewards.
- Tata to infuse $2 billion into super-app Neu; tech firms slashed over 1.5 lakh jobs this yearTata to infuse $2 billion into super-app Neu; tech firms slashed over 1.5 lakh jobs this yearTata Group is planning to infuse another $2 billion into its super app venture Tata Neu, news agency Bloomberg reported, citing people familiar with the matter. This and more in today’s edition of ETtech Top 5.
- BharatPe cofounder Shashvat Nakrani sues Ashneer Grover over unpaid sharesBharatPe cofounder Shashvat Nakrani sues Ashneer Grover over unpaid sharesThe latest case against Grover comes after BharatPe’s original cofounder Bhavik Koladiya had also sued the former in January this year, to reclaim his shares in Resilient Innovations, the parent entity which runs BharatPe.
- BharatPe’s former MD Ashneer Grover to star in season 2 of TVF Pitchers. Read moreBharatPe’s former MD Ashneer Grover to star in season 2 of TVF Pitchers. Read moreThe programme "Pitchers" is about four men who left their jobs to create their own business.
- Indian startups rush to withdraw funds from Silicon Valley Bank; top level exits at Infosys concerning, say analystsIndian startups rush to withdraw funds from Silicon Valley Bank; top level exits at Infosys concerning, say analystsSome founders are opening GIFT Bank accounts so that the transfers can take place at the earliest. These firms are also exploring transferring their deposits to neobanks like Brex as well as traditional banks such as JPMorgan Chase, HSBC and CitiGroup.
- In big relief, US regulators backstop all Silicon Valley Bank deposits, while HSBC buys UK arm of failed bankIn big relief, US regulators backstop all Silicon Valley Bank deposits, while HSBC buys UK arm of failed bankCapping days of chaos and uncertainty among startup founders and venture capital investors, US regulators stepped in to backstop all deposits in the shuttered Silicon Valley Bank to stem the ongoing crisis. Further, the UK arm of the bank was bought by HSBC for £1.
- BharatPe vs Ashneer Grover case: Delhi HC gives more time to parties to file responsesBharatPe vs Ashneer Grover case: Delhi HC gives more time to parties to file responsesThe digital payments firm has sought Rs 88 crore in damages from cofounder and former managing director Ashneer Grover, his wife and some of their family members for alleged misappropriation of funds and causing reputational harm to the company.
- Aman Gupta clicked with former Shark Ashneer Grover at OYO CEO Ritesh Agarwal's weddingAman Gupta clicked with former Shark Ashneer Grover at OYO CEO Ritesh Agarwal's weddingAman Gupta and Ashneer Grover, along with their wives, attended entrepreneur Ritesh Agarwal's wedding. They posed for pictures together and posted them on their Instagram profiles. Fans were elated to see them reunited after a while.
- BharatPe filed cases because my book 'Doglapan' created panic: Ashneer GroverBharatPe filed cases because my book 'Doglapan' created panic: Ashneer GroverFormer BharatPe Co-founder and Managing Director Ashneer Grover on Saturday claimed that his book "Doglapan" created panic among BharatPe executives and this is the reason the fintech company had apparently filed several cases against him, including an over Rs 88.6 crore fraud case.
- BharatPe drags Ashneer Grover to arbitration; Snapdeal halts $152 million IPOBharatPe drags Ashneer Grover to arbitration; Snapdeal halts $152 million IPOAfter filing a criminal complaint and a civil lawsuit against Ashneer Grover, BharatPe has now recorded a hat-trick of legal actions against its cofounder and former managing director. The fintech firm has filed for arbitration under the Singapore International Arbitration Centre’s (SIAC) rules as it looks to claw back Grover’s remaining stake in BharatPe, PTI reported on Friday.
- Delhi HC issues summons in BharatPe’s suits against Grovers and othersDelhi HC issues summons in BharatPe’s suits against Grovers and othersThe Court has granted the couple two weeks to file a reply to the interim relief application. The matter is expected to be heard starting January.
- Ashneer Grover criticises startup founders for using the phrase "It's still Day 1"Ashneer Grover criticises startup founders for using the phrase "It's still Day 1"In a 2016 annual letter to his shareholders, Amazon founder Jeff Bezos used the phrase "It's always Day 1."
- 30-minute T3 entry snarl leaves Ashneer Grover irked, entrepreneur shares 3 steps to transform Delhi airport30-minute T3 entry snarl leaves Ashneer Grover irked, entrepreneur shares 3 steps to transform Delhi airportThe DIAL replied to Grover and thanked him for his experience & feedback.
- Delhi airport thanks Ashneer Grover for suggestions on reducing long wait timeDelhi airport thanks Ashneer Grover for suggestions on reducing long wait timeThe former Shark Tank India judge Ashneer Grover, wrote on Twitter, "Delhi airport T3 needs an overhaul! 30 minutes to just enter the airport is insane. Suggestions 1) Separate gates for international / business 2) 2 people at the gate to check ticket/id (why 3 people check boarding pass between boarding gate and aircraft ? Move them !)".
