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The Latest Breaking News from BharatPe

BharatPe Flex launched: Pay via UPI now, settle bills later with credit line and up to 45 days of interest-free usage

BharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible users to make UPI payments even without immediate funds. Customers enjoy up to 45 days of interest-free credit. They can repay in full or opt for flexible EMIs from 3 to 12 months.

The Economic Times

Sadev Ventures appoints Ishan Kansal as cofounder and managing partner

Sadev Ventures welcomes Ishan Kansal as cofounder and managing partner. Kansal will be based in Bengaluru, marking the firm's plan for a second Indian office. This appointment coincides with Sadev Ventures' growth phase, aiming for Rs 1,000 crore in funds under management.

The Economic Times

One soundbox soon for all payment apps as NPCI readies platform

NPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multiple devices. This move could significantly reduce costs for small businesses and streamline payment confirmations across all apps, fostering greater efficiency in the digital payments ecosystem.

The Economic Times

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BharatPe co-founder Ashneer Grover, his wife stopped from flying abroad at Delhi’s IGI Airport over LOC notice

“BharatPe co-founder Ashneer Grover and his wife Madhuri Jain were stopped at the Delhi international airport following a look out circular issued against them in the alleged fraud at the fintech firm,” sources said.

The Hindu

Delhi High Court refuses to stay investigation against Ashneer Grover, wife in Economic Offences Wing FIR

The Delhi High Court on June 1 refused to stay at this stage an investigation against BharatPe co-founder Ashneer Grover and his wife Madhuri Jain in a case of an alleged ₹81 crore fraud based on a complaint by the fintech unicorn.

The Hindu

FIR filed against BharatPe ex-MD Ashneer Grover, his wife for 'misappropriation of funds'

The Economic Offences Wing of Delhi police has registered a case against former Bharat pe managing Director Ashneer Grover, his wife and others "for using company funds inappropriately. Read further on Dynamite News:

Dynamite News

B-schools only tell you how to get a job, says Ashneer Grover

Nothing seems to faze Ashneer Grover. Not the lawsuits for alleged cheating and embezzlement filed against him by BharatPe, the startup he co-founded. Not the dramatic exit from reality show Shark Tank India. Not even memes on his social media meltdowns.

The Times of India

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Remain courteous: Delhi HC tells BharatPe, former MD Ashneer Grover

NEW DELHI: The Delhi high court on Monday advised payment app BharatPe and its estranged co-founder Ashneer Grover to be courteous to each other even after their falling out.

The Times of India

BharatPe files arbitration to claw back Ashneer Grover's 1.4% shares

NEW DELHI: Upping the ante, fintech unicorn BharatPe has filed an arbitration for clawing back it's former MD and co-founder Ashneer Grover's restricted shareholding and founder title, sources said.

The Times of India

BharatPe files criminal suit against Ashneer Grover, family

NEW DELHI: Fintech unicorn BhartPe has filed a criminal suit against its former MD and co-founder Ashneer Grover and his family, seeking up to Rs 88.67 crore in damages for alleged cheating and embezzlement of funds.

The Times of India

Shark Tank India's Ashneer Grover loses 10 kg; shares his weight loss secrets

Business reality TV show Shark Tank India’s popular judge and former BharatPe MD Ashneer Grover is on a mission to invest in his health. From the beginning of the show (in 2021) to now, Grover has had a massive fitness transformation, getting closer to his healthiest self day by day.

The Times of India

Ashneer Grover questions BharatPe’s heady growth numbers

NEW DELHI: Ashneer Grover, ousted co-founder at BharatPe, questioned the fintech unicorn’s financials on Monday after its CEO Suhail Sameer said the company posted record growth for the year ended March 31 and is on track to break even.

The Times of India

BharatPe CEO Suhail Sameer accuses former founder Ashneer Grover of stealing money from company

NEW DELHI: BharatPe CEO Suhail Sameer on Thursday accused former founder Ashneer Grover of stealing money from the company as things took an ugly turn between the warring parties.

The Times of India

Ashneer Grover, wife Madhuri Jain pay Rs 8.2 crore advance tax

NEW DELHI: Former BharatPe managing director Ashneer Grover has paid Rs 7.1 crore advance tax for the assessment year 2022-23, a source said on Wednesday.

The Times of India

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The Hindu

GST authorities expand probe into alleged tax evasion by BharatPe during Ashneer Grover’s time

GST authorities are now scrutinising BharatPe books of the last four years to see if bogus invoices were issued for services as well

The Times of India

BharatPe strips Ashneer Grover of co-founder tag, holds back his Rs 300 crore equity

NEW DELHI: Startup poster boy Ashneer Grover, who was removed as an “employee, a founder, or a director” by BharatPe — a fintech he had co-founded — was stripped of 1. 4% equity shares worth Rs 300 crore as he and his family members were accused of committing a financial…

The Times of India

Explained: Big fight between BharatPe and Ashneer Grover gets uglier with sacking of wife Madhuri Jain

The fight between BharatPe co-founder Ashneer Grover and the company's investors took yet another turn for the worse after the sacking of Madhuri Jain Grover, Ashneer’s wife and head of controls at the company, over allegations of misappropriation of funds.

The Times of India

BharatPe fires co-founder Ashneer Grover's wife Madhuri Jain over alleged financial fraud

NEW DELHI: The escalation in the fight between BharatPe co-founder Ashneer Grover and the investors in the fintech startup took an ugly turn on Wednesday with the sacking of Madhuri Jain Grover, Ashneer’s wife and head of controls at the company, over allegations of misappropriation of funds.

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The Times of India

BharatPe co-founder’s wife Madhuri Jain fired

The Times of India

BharatPe sacks co-founder Ashneer Grover's wife over financial irregularities

NEW DELHI: BharatPe has sacked its head of controls Madhuri Jain Grover - wife of embattled co-founder Ashneer Grover - for alleged financial irregularities ranging from producing fake invoices to billing the company for personal beauty treatment and trips abroad.

The Times of India

Ashneer Grover and the BharatPe tussle explained

NEW DELHI: BharatPe cofounder Ashneer Grover has demanded a payout of Rs 4,000 crore from investors to buy out his stake if they want him to exit the company despite being accused of financial fraud.

Newslaundry

BharatPe co-founder Ashneer Grover’s fall from grace

In what seems like a script from a movie, entrepreneur Ashneer Grover’s fortunes seem to be unravelling even as he achieves viral fame thanks to his appearances on the hit show, Shark Tank India.

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