Page 7 - Bharatpe

BharatPe FY22 revenue grew four-fold to $100 mn, monthly cash burn at $4 mn

The fintech unicorn said its annualised TPV has grown 2.5x over the year-ago period to $16 billion at the end of the March quarter

BharatPe CEO Suhail Sameer and Ashneer Grover in war of words on LinkedIn

The two trade charges after staffer's allegation abpit unpaid dues

Ashneer Grover hits out at BharatPe board members for 'snatching keys'

Former Co-founder and managing director of BharatPe, Ashneer Grover, on Thursday once again hit at the board members of the fintech company

I did what is right for company: BharatPe CEO Suhail Sameer

BharatPe, which allows shop owners to make digital payments through QR codes, last month, stripped Ashneer Grover of all titles and positions after a third-party audit alleged grave governance lapses

Board is charting out glide path for listing of BharatPe: Rajnish Kumar

The company's transition from an individuals-driven private firm to a board-driven listed public one will be carried out in a well-thought-through and well-executed manner, said the BharatPe chairman

BharatPe enters gold loan segment; eyes disbursals of Rs 500 cr this year

For launching gold loans, BharatPe has partnered with a few NBFCs, and will be offering loans of up to Rs 20 lakh against gold pledge

BharatPe ready for preliminary govt probe, to comply with law, say sources

BharatPe has already conducted a thorough internal governance review via Alvarez and Marsal, a leading management consultant and risk advisory firm

The unravelling of Ashneer Grover: How a startup king lost his lustre

Showdown between co-founder of BharatPe and his colleagues comes at the height of a boom for India's startup scene.

With culture at stake in unicorn land, spotlight on founder-VC equation

The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises

MCA looking at BharatPe Board's conduct in Ashneer Grover controversy

Grover last week resigned as company's managing director and director, says he will cooperate with ministry.

Ashneer Grover, wife Madhuri Jain pay Rs 8.2-cr advance tax for FY23

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

GST authorities expand probe into alleged tax evasion by BharatPe

GST authorities have expanded the probe into alleged tax evasion by fintech firm BharatPe to include reported issuance of fake invoices by those close to the firm's ousted co-founder Ashneer Grover

BharatPe's Board will not intervene in Bhavik-Ashneer stake issue

As the Ashneer-BharatPe fight now on a legal course, the Board of company will not intervene in a new controversy regarding the company's original founder Bhavik Koladiya and his stake in the firm

Board acted quickly: BharatPe co-founder Nakrani on unseating Grover

BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions

GST body finds more instances of tax fraud at fintech firm BharatPe

Bharatpe, In October 2021, had accepted it had issued invoices to non-existent vendors and paid about Rs 11 crore, in dues and penalty, to the tax department

BharatPe removes Ashneer Grover's profile from website

Along with BharatPe, Unity Small Finance Bank, which is a joint venture between BharatPe and the Centrum Group, has also removed his profile from its portal

BharatPe accuses Ashneer Grover family of siphoning off company funds

Ashneer Grover's family and their relatives engaged in extensive misappropriation of company funds, including creating fake vendors through which they siphoned money, says company in statement

Top headlines: Grover accused of money laundering; Biden warns Putin

Business Standard brings you the top headlines on Wednesday

Ashneer Grover resigned after receiving Board meet agenda on PwC probe

Ashneer Grover's 9.5% stake in the company might be clawed back as it is on the Board's agenda to deliberate on the issue in the meeting tonight.

Investor-founder relation in India is one of master-slave: Ashneer Grover

'I am the rebel slave who must be hung by the tree so none of the other slaves can dare to be like me ever again,' says co-founder of fintech unicorn BharatPe, Asheer Grover in resignation letter