Did Ashneer Grover really spend $130,000 on a dining table?
By MYBRANDBOOK
Co-founder of BharatPe, Ashneer Grover, who quit the fintech platform mid serious allegations of financial wrongdoings against him and his wife Madhuri Jain Grover allegedly "purchased a Porsche" during his stint at the company.
He however "told multiple people at the company that he spent $130,000 on a dining table", media report said.
According to Bloomberg, office frugality clashed with the couple's apparently glitzy lifestyle, rubbing some employees the wrong way. The report further said by citing employees that Grover and his wife upgraded their modest home for a rented penthouse and renovated another luxury property.
As the startup expanded, the company's staff said Grover pushed them relentlessly. The sales team met lofty targets by imposing loans on merchants who did not want credit, the employees said.
The customer support and collection staff at BharatPe were bombarded by complaints from small business owners, as per the report.
The fintech platform, recently sacked Grover's wife over alleged financial irregularities during her tenure as Head of Controls to the tune of crores of rupees. Following this, Grover had resigned, saying that he is being forced to quit a company of which "I am a founder".
In a recent statement, BharatPe said it "reserves all rights to take further legal action against him (Ashneer Grover) and his family".
The About Us' page on the BharatPe website now carries the names of Shashvat Nakrani, Co-founder; Suhail Sameer, Chief Executive Officer; Bhavik Koladiya, another Co-founder; and Nishit Sharma, Chief Revenue Officer, along with other senior executives.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
ICONS OF INDIA : RISHAD PREMJI
Rishad Premji is Executive Chairman of Wipro Limited, a $11.3 billion ...
Icons Of India : MUKESH D. AMBANI
Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and ...
Icons Of India : Daisy Chittilapilly
Daisy Chittilapilly is the President of Cisco’s India and SAARC regi...
IFFCO - Indian Farmers Fertiliser Cooperative
IFFCO operates as a cooperative society owned and controlled by its fa...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
EESL - Energy Efficiency Services Limited
EESL is uniquely positioned in India’s energy sector to address ener...
Indian Tech Talent Excelling The Tech World - Rajiv Ramaswami, President & CEO, Nutanix Technologies
Rajiv Ramaswami, President and CEO of Nutanix, brings over 30 years of...
Indian Tech Talent Excelling The Tech World - JAYASHREE ULLAL, President and CEO - Arista Network
Jayshree V. Ullal is a British-American billionaire businesswoman, ser...
Indian Tech Talent Excelling The Tech World - Sanjay Mehrotra, CEO- Micron Technology
Sanjay Mehrotra, the President and CEO of Micron Technology, is at the...