BharatPe Co-Founder Takes Voluntary Leave On Behaviour Accounts

BharatPe co-founder Ashneer Grover has taken a voluntary leave till March end. The company issued the statement today. The statement comes after Grover announced his decision to board members and they accepted his decision.

The company said, “For now, the Board has accepted Ashneer’s decision which we agree is in the best interests of the company, our employees and investors, and the millions of merchants we support each day.”

The statement came after the controversy around Ashneer’s behavior. Recently he was accused of using inappropriate language against a staff at Kotak Group.

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BharatPe said that in absence of Mr. Grover the leadership of the company will be under CEO Suhail Sameer.

The statement further said, “Ashneer has co-built BharatPe from scratch and his decision is consistent with his passionate commitment to the future success of the company.”

For the uninitiated, it all started earlier this month after an audio clip was leaked that had Grover allegedly abusing and threatening a Kotak Group employee for missing out on share allotment during the initial public offering (IPO) of FSN E-Commerce Ventures, which operates online fashion and wellness company Nykaa.

Grover gave a quick reply that the clip released against him was fake and it was an act by a scamster against him. However, he deleted the post later.

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Siddhant Baranwal

Siddhant is a Content Creator. He has been doing this for past three years and have managed to gain good attention of audiences for his work. He is an active reader and has huge respect for art and theatre.

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