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Ex-BharatPe MD Ashneer Grover to raise $200-300 million for new venture

Ashneer Grover, who is currently in the US, may sell his BharatPe stake or raise fresh capital by issuing a stake in the new company

Former Bharatpe Co-founder and MD Ashneer Grover
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Former Bharatpe Co-founder and MD Ashneer Grover

BS Web Team

Former BharatPe chief executive Ashneer Grover is planning to raise $200-300 million for starting a new business, a media report said on Thursday.

 

According to a Livemint report, Grover, who is currently in the US, may sell his BharatPe stake or raise fresh capital by issuing a stake in the new company.