Back
Vivek Sharma
If you like this pag... • 9m
Fintech firm BharatPe has reached a settlement with its former co-founder Ashneer Grover, ending years of acrimonious legal battles and public disputes between the two parties. As part of the agreement, Grover will no longer be associated with BharatPe in any capacity, nor will he hold any shares in the company, according to a statement by a BharatPe spokesperson. Additionally, certain shares held by Grover will be transferred to the Resilient Growth Trust for the benefit of the company, while his remaining shares will be managed by his family trust. Both parties have agreed to drop the ongoing legal cases. A source close to the company revealed that Grover will transfer 1.4% of his holding to the BharatPe board, with the remaining 3.5-3.7% going to a family trust, thereby removing him from the company's cap table. Source: moneycontrol
More like this
Recommendations from Medial
Jeet Sarkar
Technology, Developm... • 1y
The Delhi High Court has ordered Ashneer Grover(ex shark of SHARK TANK OF INDIA), the former Managing Director of BharatPe, to delete his tweets against the company and the former Chairman of the State Bank of India (SBI), Rajnish Kumar, within 48 ho
See More
Nehal Shrivashtava
•
Google • 1y
**Need a legal advice.** One of my friends is asking to make my apartment (I am the owner ) to be it's registered office for his new Pvt Ltd company. I wanted to know the risk for myself in it, i mean if his company does something illigal then whethe
See More
Ashish Singh
Finding my self 😶�... • 5m
🤷who owns zepto? -- Zepto's founders, Aadit Palicha and Kaivalya Vohra, collectively own approximately 18% of the company. Additionally, they have been granted an extra 1% stock for meeting performance goals, bringing their total ownership to arou
See More
Download the medial app to read full posts, comements and news.