Sequoia, Nakrani, angel investors, and I bought out Bhavik Koladiya’s BharatPe share: Ashneer Grover


Share This Post

BharatPe founder and former MD Ashneer Grover has told ET that the shares of Bhavik Koladiya, one of the original cofounders of the fintech company, were bought in pre-Series A funding by himself, Sequoia Capital, cofounder Shashvat Nakrani, and angel investor Beenext for the first time since a series of controversies began in January.

After Grover resigned from the corporation, Koladiya’s alleged shareholding in the company became a point of controversy, as ET previously reported. Koladiya was removed from the BharatPe cap table after being charged with credit card fraud in the United States.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore