New Delhi : Former BharatPe co-founder and managing director Ashneer Grover on Thursday once again hit out at the fintech company’s board members, saying key snatching and running a corner shop are two different skills. ,
Ashneer was stripped of all company titles last month for “widespread misuse of company funds” and use of “company expense accounts” to “enrich himself and fund his lavish lifestyle”.
“So I just heard @bharatpeindia closed its first quarter of ‘Degrowth’ and ‘Maximum Cash Burn’ under the able (sic) leadership of Rajnish Kumar & Suhail Sameer. ‘Chenaing the keys and driving the hatti are two different skills!’ Now Nani will be remembered – the market is the final test and the truth.”
Ashneer, a popular judge of reality show Shark Tank India, has accused BharatPe CEO Sameer of cooperating with investors to oust him from the company.
After reports emerged that government regulators may expand their probe into BharatPe’s financial books in the aftermath of the Ashneer-Madhuri Grover saga, the fintech platform said last month that it would fully follow the law of the land.
Following the investigation, the company sacked Ashneer’s wife Madhuri Jain as their controlling head after the investigation led to misappropriation of funds, while Ashneer stepped down because BharatPe owed the company’s funds on him, his wife and their relatives. Alleged misappropriation of funds of the Company and gross misappropriation of the Company’s money. Fund their lavish lifestyle.
Amidst the Ashneer Grover-BharatPe feud, fintech platform co-founder Shashwat Nakrani had said that the whole episode is an aberration and not ideal and the company will turn this crisis into an opportunity.