BharatPe Co-founder Ashneer Grover Resigns as MD, to Proceed as Single Largest Shareholder

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Ashneer Grover, the co-founder and managing director of BharatPe, has resigned from the fintech agency amid ongoing controversy on the firm. “I write this with a heavy coronary heart as right this moment I’m being compelled to bid adieu to an organization of which I’m a founder,” Grover wrote in his resignation electronic mail. The choice comes a day after he had misplaced an arbitration that he had filed towards the fintech’s choice to launch an investigation towards him, with the Singapore Worldwide Arbitration Centre (SIAC).

The controversy at probably the most well-known fintech firms in India began after an audio clip had surfaced on-line the place Grover had allegedly abused an worker of the Kotak Mahindra Financial institution.

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