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BharatPe News

18 Oct 2024

Ashneer Grover Withdraws Mismanagement And Oppression Plea Against BharatPe

The NCLT order from October 14, 2024, acknowledged that while the petition was still pending, the parties involved had reached a settlement.

16 Oct 2024

BharatPe Group Reports Rs 209 Crore EBITDA Loss In FY24

The company's average merchant lending portfolio from loans originating through its platform grew by 40 per cent year-on-year (FY24 vs FY23).

30 Sep 2024

BharatPe Settles With Ashneer Grover, He Won't Be Associated With Company

The Fintech company said that as part of the settlement, Grover will not be associated with BharatPe in any capacity nor be a part of the shareholding of the company. Certain shares of Grover shall be transferred to the Resilient Growth Trust for the benefit of the Company and his remaining shares will be managed by his family trust.

20 Sep 2024

Delhi Police Arrests Ashneer Grover's Relative Deepak Gupta

The arrest of Deepak Gupta is a major development in the ongoing legal battle between BharatPe and Ashneer Grover.

22 Aug 2024

Delhi HC Refers Dispute Between BharatPe, Ashneer Grover To Arbitration

In its plea filed before the Delhi High Court, the fintech company alleged that Grover disclosed confidential information relating to BharatPe on social media platforms, in violation of the employment agreement.

26 May 2024

BharatPe, PhonePe Settle Trademark Dispute On Using 'Pe' Suffix

Both organisations will also undertake to carry out other necessary steps to comply with the obligations under the settlement agreement in respect of all cases before the Delhi and Bombay High Courts.

23 Apr 2024

BharatPe One All-In-One Payment Device Launched

The company said that it plans to launch the product in 100+ cities in the first phase. It will further scale it to 450+ cities over the course of the next 6 months.

16 Apr 2024

Fintech Firm Bharatpe Elevates Nalin Negi As CEO

Under him as an interim CEO and CFO, BharatPe recorded 182 per cent increase in revenue from operations in FY23 and clocked October as the first EBITDA positive month.

12 Apr 2024

BharatPe Co-founder Ashneer Grover To Introduce ZeroPe App For Medical Loans

Grover, along with his wife Madhuri Jain Grover and entrepreneur Aseem Ghavri from Chandigarh, founded Third Unicorn in January 2023.

Delhi High Court

15 Mar 2024

Delete Tweets Against BharatPe, Its Chairman: Delhi HC Tells Ashneer Grover

The Delhi High court directed that tweets and posts made by Ashneer and his wife Madhuri Jain Grover “should be taken down within 48 hours”.

07 Feb 2024

BharatPe Faces Government Inquiry Amidst Legal Turmoil

The notice also queries findings from a status report submitted by the Delhi Police's Economic Offences Wing.

01 Feb 2024

BharatPe Fraud: Ashneer Grover, Wife Move Delhi HC For THIS Reason

BharatPe's former MD Ashneer Grover's wife Madhuri Jain Grover was the head of controls at BharatPe and was fired in 2022 after a forensic audit revealed several irregularities.

28 Nov 2023

BharatPe Turns EBITDA Positive; Clocks October 2023 As 1st Profitable Month

In October, it facilitated loans exceeding Rs 640 crore for its merchants in partnership with its NBFC partners, a spike of 36 per cent year-on-year.

19 Nov 2023

Delhi Police Summon Ashneer Grover And His Wife For Questioning

The summons comes in the wake of an incident where Grover claimed to have been stopped at Delhi airport on Thursday, preventing him and his wife from traveling to New York for a vacation.

06 Sep 2023

Another Top-level Exit From BharatPe, CBO Nishant Jain Quits To Join Angel One

Nishant, who is an IIM-B alumnus with two decades of experience, has an impressive record of propelling Indian startups like BharatPe and Zomato towards growth.

11 Aug 2023

BharatPe Launches New Android PoS Machine For Merchants

Powered by Android 10 operating system, the new device has a 5.5-inch HD touch screen and a long-lasting battery, supports fast charging, and is compatible with 4G and Wi-Fi for better connectivity.

22 Jun 2023

Airport Lounges Are Like ‘Free Meal Scheme Canteens’: Ashneer Grover

On social media, the tweet soon gathered attention as many individuals expressed their agreement or disagreement with Grover's point of view.

18 May 2023

BharatPe Appoints Sandeep Indurkar As CBO-Banking & Alliances

He will lead the P&L for BharatSwipe, the company's POS business as well as the rollout of BharatPe Speaker across markets, plus he will be leading the partnership with Unity Bank as well as the NBFC partners of BharatPe.

11 May 2023

Delhi Police File FIR Against Bharatpe Ex-MD Ashneer Grover

The FIR, which was registered on the basis of a complaint filed by the company BharatPe, also mentions the name of his wife Madhuri Jain Grover, and three relatives -- Deepak Gupta, Suresh Jain and Shwetank Jain.

02 May 2023

BharatPe Acquires 51% Stake In Trillion Loans

The company in the statement said that it has acquired 51 percent stake in Trillion Loans.

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