Page 4 - Bharatpe

BharatPe enters gold loan segment; eyes disbursals of Rs 500 cr this year

For launching gold loans, BharatPe has partnered with a few NBFCs, and will be offering loans of up to Rs 20 lakh against gold pledge

BharatPe ready for preliminary govt probe, to comply with law, say sources

BharatPe has already conducted a thorough internal governance review via Alvarez and Marsal, a leading management consultant and risk advisory firm

The unravelling of Ashneer Grover: How a startup king lost his lustre

Showdown between co-founder of BharatPe and his colleagues comes at the height of a boom for India's startup scene.

With culture at stake in unicorn land, spotlight on founder-VC equation

The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises

MCA looking at BharatPe Board's conduct in Ashneer Grover controversy

Grover last week resigned as company's managing director and director, says he will cooperate with ministry.

Ashneer Grover, wife Madhuri Jain pay Rs 8.2-cr advance tax for FY23

GST authorities are now scrutinising BharatPe books of the last four years to see if bogus invoices were issued for services as well

GST authorities expand probe into alleged tax evasion by BharatPe

GST authorities have expanded the probe into alleged tax evasion by fintech firm BharatPe to include reported issuance of fake invoices by those close to the firm's ousted co-founder Ashneer Grover

BharatPe's Board will not intervene in Bhavik-Ashneer stake issue

As the Ashneer-BharatPe fight now on a legal course, the Board of company will not intervene in a new controversy regarding the company's original founder Bhavik Koladiya and his stake in the firm

Board acted quickly: BharatPe co-founder Nakrani on unseating Grover

BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions

GST body finds more instances of tax fraud at fintech firm BharatPe

Bharatpe, In October 2021, had accepted it had issued invoices to non-existent vendors and paid about Rs 11 crore, in dues and penalty, to the tax department

BharatPe removes Ashneer Grover's profile from website

Along with BharatPe, Unity Small Finance Bank, which is a joint venture between BharatPe and the Centrum Group, has also removed his profile from its portal

BharatPe accuses Ashneer Grover family of siphoning off company funds

Ashneer Grover's family and their relatives engaged in extensive misappropriation of company funds, including creating fake vendors through which they siphoned money, says company in statement

Top headlines: Grover accused of money laundering; Biden warns Putin

Business Standard brings you the top headlines on Wednesday

Ashneer Grover resigned after receiving Board meet agenda on PwC probe

Ashneer Grover's 9.5% stake in the company might be clawed back as it is on the Board's agenda to deliberate on the issue in the meeting tonight.

Investor-founder relation in India is one of master-slave: Ashneer Grover

'I am the rebel slave who must be hung by the tree so none of the other slaves can dare to be like me ever again,' says co-founder of fintech unicorn BharatPe, Asheer Grover in resignation letter

Top headlines: Grover quits BharatPe board, India's Ukraine evacuation

The RBI is also gauging the extent of damage to the Indian banking sector amid the Ukraine crisis. More on this and other stories in our top headlines this morning.

Ashneer Grover resigns from BharatPe board amid boardroom battle

This comes amid a tussle in the company where Grover has found himself on the opposite side of the Board, key investors in the company and his co-founders

BharatPe co-founder & MD Ashneer Grover not granted reliefs by SIAC

Grover had filed an arbitration plea to stop a probe into alleged financial mismanagement in the company, and had also sought indemnity

Top headlines: India skips UNSC vote on Russia, LIC IPO pricing in limbo

Russia-India defence sales face looming sanctions. More on that in our top headlines.

GST intelligence body widens investigation on fintech firm BharatPe

Audit at BharatPe had suggested deeper investigation on deals with non-existent vendors