BharatPe MD Ashneer Grover Demands Rs 4,000 crore

BharatPe is an Indian fintech company that caters to small merchants and kirana store owners in India

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The company offers a range of fintech products including interoperable QR code for UPI payments, Bharat Swipe (POS machine) for card acceptance, and small business financing.

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Ashneer Grover who was last seen on Shark Tank India as a shark. Ashneer Grover has landed into controversy after the audio clip of him threatening

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hurling abuses at a Kotak Mahindra Bank employee, was released. He has also been sent on “Leave of absence” till March 2022.

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In the latest interview of him with Money Control he said that board is arm twisting him to exit BharatPe by trying different intimidation techniques.

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He further said “Why would I resign? ” I am the MD. I run the company. If the board thinks I don’t need to be the MD, someone else can run the company.

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Either I’ll run the company or they buy me out, there is no third option." Ashneer Grover owns 9.5% stack in BharatPe.

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If I was running the business, I am extremely confident of doing a $6 billion valuation round." To Read More Click Below

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