BharatPe filed a suit to prevent Grover from making derogatory comments against the company
The battle between the Indian fintech firm BharatPe and its former managing director (MD) Ashneer Grover is getting more shades with time. Recently, the New Delhi-based start-up accused Grover and his family of running a campaign against the company and filed a suit against its former co-founder to prevent him from making derogatory remarks against the fintech giant.
Senior advocate Rajiv Nayar, who appeared on behalf of BharatPe, discussed the impropriety of the language in the social media posts made by Grover. He also said that Grover compared the legal profession with prostitution in his
After taking down notes of tweets and posts, the Court ordered him to maintain decorum on social media. “This social media has brought us down to this level. Ask him [Grover] to maintain decorum,” Justice Navin Chawla made this remark.
On December 7, 2022, the company filed a lawsuit against Grover for alleged financial misconduct. It sought Rs 88 crore from the former shark of the popular reality show Shark Tank India.
BharatPe witnessed a series of exits by senior-level executives. In recent months, chief technological officer (CTO) Vijay Aggarwal, PostPe head Nehul Malhotra and chief product officer Rajat Jain left the company. Prior to these three, the company's tech backbone and one of the co-founders, Bhavik Koladiya, also resigned.
On January 3, 2023, Suhail Sameer, the former chief executive officer (CEO), stepped down from his post. The company did not disclose any reason behind his resignation.
The feud between Sameer and Grover has been the talk of the town for over a year. After his resignation, Grover took to Twitter to attack Sameer with his 'sarcastic' poem.