Wednesday, July 24, 2024
Outlook India
Outlook Business

Ashneer Grover

The court's decision to expedite the trial process comes amidst conflicting claims by both parties, underpinning the contentious ownership dispute within the fintech unicorn

BharatPe has issued a statement saying the Registrar of Companies has asked for the information and the fintech is cooperating with the authority.

The National Company Law Tribunal asked Giriraj Subramaniam, the lawyer of Ashneer Grover, to provide examples of similar cases

In December 2022, BharatPe lodged a criminal complaint against Ashneer Grover, his wife, and her family members, alleging their involvement in a ₹81.28 crore fraud

Jain was responsible for scaling up BharatPe’s merchant base to 10 million in 2020

The company is in talks with a fresh investor, as per media reports

He is likely to set up an early stage investment firm

Among the seven sharks, Namita Thapar fulfilled the maximum percentage (59 per cent) of investment commitments

Grover took to Twitter to raise his objections against the decision

The start-up won the SuperNova Championship at Gitex Africa 2023, which witnessed the participation of over 700 start-ups worldwide