BharatPe Resolves Dispute With Former Co-Founder Ashneer Grover

30 Sep 2024

BharatPe has reached a definitive settlement with its former co-founder, Ashneer Grover, effectively ending their long-standing dispute. As part of the agreement, Grover will no longer have any association with the company in any capacity, nor will he hold a stake in its shareholding. According to the settlement, Grover’s shares...

BharatPe and Ashneer Grover Reach Settlement, Ending Dispute

30 Sep 2024

BharatPe has successfully settled its long-standing dispute with former co-founder Ashneer Grover, marking a significant resolution for both parties. Under the terms of the agreement, Grover will no longer have any association with BharatPe, nor will he retain any shareholding in the company. As part of the settlement, certain shares...

Ashneer Grover Slams Budget 2024 As “Boring” And “Meaningless”

23 Jul 2024

BharatPe co-founder Ashneer Grover didn’t hold back in his criticism of Budget 2024, which was presented by Finance Minister Nirmala Sitharaman. He described the budget as “boring, lifeless, and meaningless.” According to Grover, the budget failed to make an impact and was not worth paying attention to. In a post...

Delhi HC Allows Ashneer Grover To Retrieve Rs 80 Crore Security Deposit

09 Jul 2024

The Delhi High Court has permitted BharatPe co-founder Ashneer Grover and his wife, Madhuri Jain Grover, to reclaim their security deposits after their return from the United States. Justice Sanjeev Narula issued this order following confirmation from the couple’s lawyer, Giriraj Subramanium, regarding their presence in India. Madhuri Jain, former...

BharatPe and PhonePe Settle Long-Standing ‘Pe’ Trademark Dispute

26 May 2024

BharatPe Group and PhonePe Group have announced the amicable resolution of their long-standing legal disputes concerning the use of the suffix 'Pe' trademark. The two companies have been embroiled in extensive legal battles over the trademark for the past five years. This settlement marks the end of all ongoing judicial...

Misappropriation of Funds: Delhi Police Files Case Against Ashneer Grover & Wife

11 May 2023

Economic Offences Wing (EOW) of Delhi police has registered a case against former Bharat pe managing Director Ashneer Grover, his wife and others "for using company funds inappropriately on the basis of various forged documents". "The Economic Offences Wing (EOW) on Wednesday registered a first information report (FIR) against former...