BharatPe, Ashneer Grover settle disputes
The Morning Standard|October 01, 2024
AFTER about 2.9 years, fintech firm BharatPe and its former co-founder Ashneer Grover have reached a settlement and the latter will no longer be associated with the firm.
UMA KANNAN
BharatPe, Ashneer Grover settle disputes

BharatPe in an official statement said the firm has arrived at an agreement with Grover.

"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," it said.

Both parties have decided not to pursue the cases filed. Grover was holding 8% stake and this means this will be transferred to the family trust.

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