Digital
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Ashneer Grover-BharatPe dispute ends; Grover will not be associated with company in any capacity
BharatPe has settled its dispute with Ashneer Grover with the agreement that the former co-founder will not be associated with company in any capacity.
BharatPe and Ashneer Grover have struck a definitive agreement ending a several years-long battle between the fintech and its former co-founder.
As part of the settlement, reported by Moneycontrol, Grover will not be associated with BharatPe in any capacity nor be a part of the shareholding of the company. The report added, quoting a BharatPe spokesperson from a statement, certain shares of Grover will be transferred to the Resilient Growth Trust for the benefit of the Company and his remaining shares will be managed by his family trust. Both parties have decided not to pursue the cases filed.
“We wish Mr. Grover well. BharatPe continues to focus on delivering industry-leading solutions to its merchants and customers driving growth with profitability”, the statement added.
SPOTLIGHT
The Storyboard18 Digital Entertainment Summit (DES) unpacked India's strategy for leading the digital entertainment economy, with top policymakers where they putlined how talent, technology, and governance would fuel future-ready growth.
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At the Storyboard18 Digital Entertainment Summit in New Delhi, policymakers and industry leaders outlined how talent, technology, and governance will drive India’s push to dominate the global entertainment economy.