Ashneer Grover Vs BharatPe Saga: 10 Things To Know

Ashneer-BharatPe row

Delhi HC issued summons to Ashneer Grover and his wife Madhuri Jain Grover as BharatPe files a case against them and other connected parties on several counts

Ashneer Grover's
family under the radar

One of the accusations against Ashneer Grover, his wife and their family members is the “misappropriation of company funds”

BharatPe and the Ashneer Grover saga has been hitting the headlines since the beginning of the year. Here’s a look at the story so far

All about BharatPe saga

BharatPe's journey

BharatPe was founded in 2018 by Ashneer Grover and Shashvat Nakrani. It became a unicorn in 2018 in a funding round led by Tiger Global

Events leading to
Grovers' ouster

In 2021, Ashneer Grover came under the lens for talking inappropriately with a Kotak employee for not securing Falguni Nayar-led company, Nykaa's shares ahead of the IPO for him and his wife

BharatPe’s
high-profile exits

Months after the Grovers ouster, BharatPe, also saw some high-profile exits of some of the top company executives including its CTO and CPO

Ashneer’s third unicorn

Post his stint at BharatPe, Ashneer started working on his next venture. He got it registered under the name of ‘Third Unicorn’

Ashneer: The most
meme-worthy shark

Following these events, Ashneer was removed from Shark Tank season 2, a series which soared his popularity significantly

BharatPe claims
Rs 88.67 crore in damages

BharatPe has now filed a lawsuit against the Grovers claiming Rs 88.67 crore. This includes claims for payment made against non-existent vendors, etc

What’s next for
the Grovers?

The next court hearing will take place in January now. All eyes are now on how Ashneer and Madhuri will respond to the allegations levelled against them

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