New Delhi: Bharatpe Asheerer Grover Co-Founder on Tuesday resigned from the company and its council. It came a few days after Bharatpe fired his wife Madhuri Jain Grover because of alleged financial irregularities began to produce fake invoices to collect companies for personal beauty care and abroad.
In a letter aimed at the Board of Bharatpe, Mr. Grover said, “I wrote this with a heavy heart like today I was forced to bid Adieu to a company that I was a founder. I say he’s high today the company stands as a leader in the world of Fintech. Since Early in 2022, unfortunately, I have been involved in unfounded attacks and targeted at me and my family by some individuals who are ready not only dangerous to me and my reputation but also. Endows the company’s reputation, which is as if they are trying to protect. “
He also stated that “From being celebrated as the face of Indian entrepreneurship he was now wasting his time the fighting battle and lonely against his own investors and management. Unfortunately, in this battle, management has lost what is actually at stake – Bharatpe..”
Mr. Grover was sent on leave after allegations of rough language against Mahindra Bank Box staff and fraudulent practices, which he refused.
He and his wife accused the bank to deny the promise to make it shared worth of ₹ 500 crore when Nykaa (IPO) initial public offering was launched.
Mr. Grover has submitted an arbitration request with the Singapore International Arbitration Center (SIAC), which claims that the company’s investigation of it is illegal. SIAC, though, rejected his request, gave him relief in this matter.
