Ashneer Grover Resigns
The Co-Founder and Managing Director of BharatPe, Ashneer Grover Resigned. He resigned from the firm amid the controversy going at the company. In this resignation email, he wrote “ I write this with a heavy heart as today I am being forced to bid adieu to a company of which I am a founder.” He has taken this decision after he lost the conciliation against his fintech firm’s decision. The decision was to conduct an investigation against Grover with SIAC ( Singapore International Arbitration Centre).
The controversy between Grover and a famous Indian Fintech Firm started when the audio clip was leaked online. As soon as the clip found its way online, everybody was shocked while listening to it. In the clip, Ashneer Grover was seen abusing an employee of Kotak Mahindra Bank.
“I say with my head held high that today this company stands as a leader in the fintech world. Since the beginning of 2022, unfortunately, I’ve been embroiled in baseless and targeted attacks on me and my family by a few individuals who are ready not only to harm me and my reputation but also harm the reputation of the company, which they are ostensibly trying to protect.” Ashneer Grover writes to the board.
He further added that “From being celebrated as the face of Indian entrepreneurship and an inspiration to the Indian youth to build their own businesses, I am now wasting myself fighting a long, lonely battle against my own investors and management. Unfortunately, in this battle, the management has lost of what is actually at stake – BharatPe.”
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Ashneer Grover Added Further In His Letter
“.It is sad that you have even lost touch with the founder. For you, the founder of the company has been reduced to a button to be pressed when needed. I cease to be a human for you. Today, you have chosen to believe in gossip and rumours about me instead of having a frank conversation.”
“The fact of the matter is that today you believe that I have served my utility and so incrementally I am just becoming a liability. And since the investor template to make an unwanted founder go away is to make them the villain of the piece, that’s what you have gone and done … Today I am being vilified and treated in the most disgraceful manner.”
