BharatPe removes Ashneer Grover from all positions

March 02, 2022 12:29

Fintech firm BharatPe on Wednesday said it has removed Co-Founder Ashneer Grover from all positions at the company.

BharatPe has also found the involvement of the Grover family and relatives in extensive misappropriation of the company's funds.

"The board will not allow the deplorable conduct of the Grover family to tarnish BharatPe' s reputation or that of its hard-working employees and world-class technology. As a result of his misdeeds, Grover is no longer an employee, a founder, or a director of the company," BharatePe said in a statement on Wednesday.

Grover resigned from the post of Managing Director on Tuesday. -- PTI

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