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Ashneer Grover's allegations frivolous, attempts to malign us: BharatPe

Business TodayBusiness Today · 1y ago
Ashneer Grover's allegations frivolous, attempts to malign us: BharatPe
Medial

Fintech company BharatPe has dismissed allegations of fraudulent activity made by former co-founder Ashneer Grover. Grover claimed that the company intentionally engaged in fraud by bringing back a convicted individual to its ownership structure in order to secure licences. BharatPe has called the allegations baseless and a means to malign the company, stating that it will continue to pursue legal action against Grover. The company also emphasised its commitment to transparency, governance and building a sustainable business. BharatPe is a joint-venture partner in Unity Small Finance Bank and has received in-principle approval from regulators for its payments aggregator business.

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