Categories: Trending News

Ashneer Grover resigns from BharatPe

New Delhi: BharatPe Co-Founder Ashneer Grover has  resigned from the company and its board on Tuesday.

In a letter addressed to the BharatPe board, Grover said, “I write this with a heavy heart as today I am being forced to bid adieu to a company of which I am a founder. I say with my head held high that today this company stands as a leader in the fintech world. Since the beginning of 2022, unfortunately, I’ve been embroiled in baseless and targeted attacks on me and my family by a few individuals who are ready not only to harm me and my reputation but also harm the reputation of the company, which ostensibly they are trying to protect.”

He further stated, “from being celebrated as the face of Indian entrepreneurship he is now wasting his time fighting a long, lonely battle against his own investors and management. Unfortunately, in this battle, the management has lost what is actually at stake – BharatPe.”

BharatPe in statement informed, “Ashneer Grover resigned as Managing Director and from the Board Director of BharatPe minutes after receiving the agenda for upcoming Board meeting that included submission of the PWC report regarding his conduct and considering actions based on it. The Board reserves the right to take action based on the report’s findings.”

Bureau The News Hashtag

Share
Published by
Bureau The News Hashtag

Recent Posts

Odisha Conducts Additional RTE Admission Lottery, 501 Students Allotted Seats

Bhubaneswar: The Odisha government conducted an additional round of centralised online student allotment under the…

22 hours ago

Odisha to Host First Shakti Summit on Women’s Safety and Empowerment

Bhubaneswar: Bhubaneswar is set to host the first Shakti Summit – State WCD Leadership Conclave…

22 hours ago

Suspected Scrub Typhus Cluster in Odisha Under Close Health Surveillance

Bhubaneswar: The Odisha Health Department has intensified epidemiological and laboratory surveillance following reports of a…

23 hours ago

Odisha Flood Situation Improves, Jajpur Remains Under Close Watch

Bhubaneswar: The flood situation in Odisha has begun to ease, with most affected areas witnessing…

23 hours ago

IDCO Pushes Infrastructure, Public Transport Plans for Kalibeti, Mudamba Industrial Estates

Bhubaneswar: The Odisha government is stepping up efforts to make the upcoming Kalibeti and Mudamba…

23 hours ago

Odisha Manaska Circle Discusses Digital Identity and Cyber Trust

The 21st edition of the Odisha Manaska Circle, a monthly dialogue series organised by All…

1 day ago