Business Standard

BharatPe settles with Ashneer Grover: Fraud allegations dropped in Rs 81 crore case

BharatPe settles with Ashneer Grover: Fraud allegations dropped in Rs 81 crore case

BharatPe has reached a settlement with former co-founder Ashneer Grover, dropping all legal actions. The fintech firm had accused Grover of misappropriating Rs 81.3 crore, with allegations ranging from fake HR consultants to inflated vendor costs. As part of the settlement, Grover will no longer hold any shares in BharatPe. This video provides the key updates on the case, including recent arrests and BharatPe’s continued focus on growth and innovation.