#BharatPe's #AshneerGrover says investors have 'arm-twisted him' into going on leave and is demanding Rs 4,000 cr to buy out his stake if they want him to exit the company.
Watch highlights of the chat 📹
https://www.moneycontrol.com/news/business/companies/if-board-thinks-i-dont-need-to-be-md-put-my-rs-4000-crore-on-the-table-bharatpes-ashneer-grover-8042231.html?utm_source=telegram&utm_medium=social
Watch highlights of the chat 📹
https://www.moneycontrol.com/news/business/companies/if-board-thinks-i-dont-need-to-be-md-put-my-rs-4000-crore-on-the-table-bharatpes-ashneer-grover-8042231.html?utm_source=telegram&utm_medium=social
Moneycontrol
If board thinks I don't need to be MD, put my Rs 4,000 crore on the table: BharatPe's Ashneer Grover
Grover is the co-founder and managing director of BharatPe, a company that was better known for its QR code aggregator app, service and surprise bank licence until a month ago, but is now best known for public spats between the founder and its main investor…
#BharatPe's #AshneerGrover says investors have 'arm-twisted him' into going on leave and is demanding Rs 4,000 cr to buy out his stake if they want him to exit the company.
Listen to the audio excerpts!
https://moneycontrol.com/news/business/companies/if-board-thinks-i-dont-need-to-be-md-put-my-rs-4000-crore-on-the-table-bharatpes-ashneer-grover-8042231.html?utm_source=telegram&utm_medium=social
Listen to the audio excerpts!
https://moneycontrol.com/news/business/companies/if-board-thinks-i-dont-need-to-be-md-put-my-rs-4000-crore-on-the-table-bharatpes-ashneer-grover-8042231.html?utm_source=telegram&utm_medium=social
Moneycontrol
If board thinks I don't need to be MD, put my Rs 4,000 crore on the table: BharatPe's Ashneer Grover
Grover is the co-founder and managing director of BharatPe, a company that was better known for its QR code aggregator app, service and surprise bank licence until a month ago, but is now best known for public spats between the founder and its main investor…
BharatPe's co-founder Shashvat Mansukhbhai expressed his support for Suhail Sameer even as the other co-founder and former CEO #AshneerGrover withdraw his nomination.
Read more at 👇
https://www.moneycontrol.com/news/business/suhail-sameer-continues-to-be-ceo-board-member-of-bharatpe-co-founder-shashvat-mansukhbhai-8043981.html?utm_source=telegram&utm_medium=social
Read more at 👇
https://www.moneycontrol.com/news/business/suhail-sameer-continues-to-be-ceo-board-member-of-bharatpe-co-founder-shashvat-mansukhbhai-8043981.html?utm_source=telegram&utm_medium=social
Moneycontrol
Suhail Sameer continues to be CEO, board member of BharatPe: co-founder Shashvat Nakrani
Ashneer Grover is co-founder and managing director of BharatPe, a company that was better known for its QR code aggregator
Weeks after being sent on leave the services of #MadhuriJainGrover, head of controls of #BharatPe & wife of founder #AshneerGrover, have been terminated by the company on allegations of misappropriation of funds.
https://www.moneycontrol.com/news/business/startup/bharatpe-terminates-head-of-controls-madhuri-jain-grovers-services-8149651.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/startup/bharatpe-terminates-head-of-controls-madhuri-jain-grovers-services-8149651.html?utm_source=telegram&utm_medium=social
Moneycontrol
BharatPe terminates head of controls Madhuri Jain Grover's services
"Reasons for termination are misappropriation of funds and authorisation of inflated bills, among other things," said one of the sources
#BharatPe Row: Chairman Rajnish Kumar says #AshneerGrover trying to prove governance review is biased, should have shown maturity.
Read at ⤵️
https://www.moneycontrol.com/news/business/bharatpe-row-chairman-rajnish-kumar-says-ashneer-grover-trying-to-prove-governance-review-is-biased-should-have-shown-maturity-8151611.html?utm_source=telegram&utm_medium=social
Read at ⤵️
https://www.moneycontrol.com/news/business/bharatpe-row-chairman-rajnish-kumar-says-ashneer-grover-trying-to-prove-governance-review-is-biased-should-have-shown-maturity-8151611.html?utm_source=telegram&utm_medium=social
#BharatPe Board Chairman, Rajnish Kumar said, #AshneerGrover letter won't have any impact on the company and board is aligned to action.
Read at ⤵️
https://moneycontrol.com/news/business/bharatpe-row-chairman-rajnish-kumar-says-ashneer-grover-trying-to-prove-governance-review-is-biased-should-have-shown-maturity-8151611.html?utm_source=telegram&utm_medium=social
Read at ⤵️
https://moneycontrol.com/news/business/bharatpe-row-chairman-rajnish-kumar-says-ashneer-grover-trying-to-prove-governance-review-is-biased-should-have-shown-maturity-8151611.html?utm_source=telegram&utm_medium=social
#BharatPe founder #AshneerGrover's emergency arbitration plea challenging the firm's decision to conduct a governance review has been rejected by the SIAC, according to sources.
Priyanka Sahay brings us the story 👇
https://www.moneycontrol.com/news/business/startup/ashneer-grovers-emergency-plea-against-bharatpe-governance-review-tossed-out-by-singapore-international-arbitration-centre-8168321.html?utm_source=telegram&utm_medium=social
Priyanka Sahay brings us the story 👇
https://www.moneycontrol.com/news/business/startup/ashneer-grovers-emergency-plea-against-bharatpe-governance-review-tossed-out-by-singapore-international-arbitration-centre-8168321.html?utm_source=telegram&utm_medium=social
Moneycontrol
Ashneer Grover's emergency plea against BharatPe governance review tossed out by Singapore International Arbitration Centre
Abhishek Manu Singhvi, lead counsel for BharatPe, "most impressed with the speed and diligence with which emergency hearings were taken up and decided in record time".
As #AshneerGrover quits #BharatPe in a dramatic fashion, here’s a look at the journey of the startup he created as put forth by his resignation letter.
Read more here ⤵️
https://www.moneycontrol.com/news/business/startup/as-ashneer-grover-exits-a-look-at-how-bharatpe-has-fared-over-the-years-through-his-lens-8176911.html?utm_source=telegram&utm_medium=social
Read more here ⤵️
https://www.moneycontrol.com/news/business/startup/as-ashneer-grover-exits-a-look-at-how-bharatpe-has-fared-over-the-years-through-his-lens-8176911.html?utm_source=telegram&utm_medium=social
Moneycontrol
Here's the BharatPe journey, seen through Ashneer Grover's eyes
The "height at which BharatPe stands today is the result of the hard work of the last four years", says cofounder in his resignation letter.
💥💥 Hard-hitting interview with #AshneerGrover on #BharatPe coming up here! Among other things, Zerodha's Nithin Kamath is now his inspiration on how to build and own a biz 100%
Don't miss this scoop by Priyanka Sahay, Priyanka Iyer.
Read at.
https://www.moneycontrol.com/news/business/startup/ashneer-grover-says-investigation-a-sham-seeks-to-learn-from-nithin-kamath-and-bhavin-turakhia-to-build-bootstrapped-firms-8177531.html?utm_source=telegram&utm_medium=social
Don't miss this scoop by Priyanka Sahay, Priyanka Iyer.
Read at.
https://www.moneycontrol.com/news/business/startup/ashneer-grover-says-investigation-a-sham-seeks-to-learn-from-nithin-kamath-and-bhavin-turakhia-to-build-bootstrapped-firms-8177531.html?utm_source=telegram&utm_medium=social
Moneycontrol
Ashneer Grover says investigation a sham, seeks to learn from Nithin Kamath and Bhavin Turakhia to build bootstrapped firms
Grover once again targets company chairman Rajnish Kumar, asking why the investigation did not remain confidential
Hours after #AshneerGrover's resignation, #BharatPe replies, "Ashneer Grover resigned as MD and board director ahead of PwC report submission"; reserves right to take action.
Read at https://www.moneycontrol.com/news/business/bharatpe-hits-back-after-ashneer-grover-ejects-says-board-reserves-right-to-take-action-8177541.html?utm_source=telegram&utm_medium=social
Read at https://www.moneycontrol.com/news/business/bharatpe-hits-back-after-ashneer-grover-ejects-says-board-reserves-right-to-take-action-8177541.html?utm_source=telegram&utm_medium=social
Moneycontrol
BharatPe says Ashneer Grover resigned ahead of PwC report submission, reserves right to take action
"Ashneer Grover resigned as managing director and board director minutes after receiving the agenda for upcoming board meeting that included submission of the PwC report regarding his conduct," BharatPe said