Business Standard

Unity SFB not affected by BharatPe tussle: Centrum Capital's Jaspal Bindra

Jaspal Bindra says Centrum's partnership is with funds like Sequoia, not Grovers

Jaspal Bindra

Jaspal Bindra, Chairman, Centrum Capital

Deepsekhar Choudhury Bengaluru
The heating up of the tussle at BharatPe, involving Founder & Managing Director Ashneer Grover, will not have any adverse impact on Unity Small Finance Bank (SFB), in which the fintech unicorn has a 49 per cent stake, said Jaspal Bindra, chairman of bank’s promoter Centrum Capital.

“Our partnership (with BharatPe) is with the funds that manage billions of dollars across the world like Sequoia that own around 85 per cent of the company. What happens within the company regarding Grover, his wife Madhuri Jain, or any other employee and founder, is their internal matter,” said Bindra.

“BharatPe is a shareholder in

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 24 2022 | 1:32 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to