BharatPe

Former RBI deputy governor and Zomato chairman join BharatPe board

Suhail Sameer, CEO BharatPe, said “With them joining, BharatPe has one of the most admired Boards in the country, comprising highly respectable names from the banking and financial services industry."

published on : 13th September 2022

BharatPe co-founder Bhavik Koladiya quits months after Ashneer Grover

BharatPe said his contract tenure ended on July 31, 2022, and he expressed his desire to spend time on other assignments outside the company.

published on : 2nd August 2022

Zomato must have acquired Swiggy than Blinkit to avoid bloodbath: Ashneer Grover

In May, Grover had said that buying Zomato shares, even when it had been falling for months, wouldn't be a bad idea.

published on : 26th July 2022

BharatPe records $18.5 billion TPV in Q1 FY23

The company has also announced that it closed one of the highest growth quarters as it facilitated over Rs 3,600 crore in loans, recording a growth of 112% over the last quarter.

published on : 5th July 2022

BharatPe sacks employees, vendors; to claw back shares from Grover

The steps have been taken by the company's board following a detailed corporate governance review against the backdrop of alleged lapses and misdoings during the tenure of Grover.

published on : 10th May 2022

BharatPe initiates action against former founder to claw back restricted shares 

BharatPe said it has registered the strongest quarter in its history (Q4 FY22) with 4x growth in overall revenue.

published on : 10th May 2022

Will respond strongly to frauds: Sequoia Capital on controversy-hit BharatPe

Sequoia, which holds 19.6 per cent of BharatPe, did not say if it had insisted on removal of Grover after a third party audit alleged grave governance lapses under him.

published on : 17th April 2022

Ashneer Grover writes to Bharatpe board for action against CEO, demands Chairman's resignation

Ashneer Grover has written to the company's board seeking action against CEO Suhail Sameer following his offensive remarks on social media.

published on : 8th April 2022

‘Ashneer stole all money’: BharatPe CEO’s fresh jibe

The corporate tussle between founder and former Managing Director Ashneer Grover, and the current management gets uglier by the day.

published on : 8th April 2022

I did what is right for company: BharatPe CEO Suhail Sameer 

BharatPe, which allows shop owners to make digital payments through QR codes, last month, stripped Grover of all titles and positions after a third-party audit alleged grave governance lapses.

published on : 5th April 2022

BharatPe forays into secured loans category

It had already launched the Gold Loan offering for its merchants in Delhi NCR, Bengaluru and Hyderabad, and will be scaling this to 20 cities by the end of this year.

published on : 15th March 2022

Ashneer Grover, wife Madhuri Jain pay Rs 8.2 crore advance tax; GST authorities expand probe into BharatPe fiasco

Grover is currently under the lens of tax authorities for tax evasion due to alleged misappropriation of funds at BharatPe.

published on : 10th March 2022

Board acted quickly, decisively: BharatPe co-founder Nakrani on unseating Grover

Reacting to BharatPe's decision, Grover had last week stated he was appalled at the personal nature of the company's statement but not surprised.

published on : 7th March 2022

Fintech players see big opportunity in BNPL, says  BharatPe CEO Suhail Sameer

The combination of credit on UPI, Buy Now, Pay Later (BNPL), and branchless banking will drive the next big leap on inclusion.

published on : 3rd March 2022

BharatPe lashes out at Grover; accuses Grover family of misappropriation of company funds

Adds it reserves all rights to take further legal action against them

published on : 3rd March 2022

BharatPe says Ashneer Grover family engaged in "misappropriation of funds"; he hits back

In a statement, the fintech company accused the Grover family and their relatives of extensive misappropriation of company funds.

published on : 2nd March 2022

Grover hits back after BharatPe accuses him of 'siphoning off money to fund lavish lifestyle'

When asked about these accusations, Grover said he was appalled at the personal nature of the company’s statement, but not surprised

published on : 2nd March 2022

BharatPe removes Ashneer Grover from all positions at company

BharatPe has also found involvement of Grover family and relatives in extensive misappropriation of the company's funds.

published on : 2nd March 2022

Ashneer Grover resigns as BharatPe MD

Grover has been accused of financial fraud and the fintech board has initiated a complete audit of the governance processes.

published on : 1st March 2022