New Delhi: In a step of surprise, Ashneer Grover, Co-Founder and MD in Bharatpe, which has sent legal notifications to Uday Box Banker and to three members of his senior leadership team, on Wednesday stepping back from his responsibilities in the Fintech company funded .
Grover on Wednesday told the Board of Bharatpe from his decision to take voluntary leave until March-end, said the company.
However, the decision to release temporary control, however, was forced to grover by several company investors, said source.
Grover said in a statement that he would return on or before April 1 this year and he would use a break to rejuvenate.
This development is approaching Vishal Garg’s heels, founders and CEO of supported softbank-backed mortgages, back after “rest” after firing 900 employees through zoom.
“Rahul Yadav, the founder of housing, was moved because of the difficult behavior.
Investors began to call the founder of Temperamental Startup, which built poisonous workplaces.
In this case, they want dust,” said a source.
“For now, the board has accepted Asheerer’s decision, which we agreed to be the best interests of our company, employees and investors, and millions of traders that we support every day,” Bharatpe said.
“Bharatpe will continue to be led by capable by our CEO Sa Sameer and our strong management team.” In the legal notice sent to the box on October 30, while Grover and his wife Madhuri accused the bank failed to provide financing and allocate shares to them during the IPO NYKAA on October 28, they claimed the box has provided financing for Sameer.
Duo is looking for compensation, claiming that they plan to invest RS 500 Crore in Nykaa through IPO Bank Financing Services.
The Mahindra Bank box on January 9 threatened to start legal action against Grover for alleged language use that was not splattered and threats to lenders.
Co-founder Bharatpe Grover on voluntary leave until March
