NEW DELHI: Days after BharatPe founder and managing director Ashneer Grover went on “voluntary leave”, his wife Madhuri Jain Grover, head of controls at the fintech startup, followed suit at a time when the company roped in an external agency to conduct an audit of its internal process.
The tenure of the Grovers, along with several other employees, at the New Delhi-headquartered company is being reviewed, said sources. When contacted, a BharatPe spokesperson said, “The board of BharatPe is committed to the highest standard of corporate governance at the company… The board strongly believes in protecting interests of all stake holders, including customers, employees and partners.”
In case of BharatPe, Grover first sparked controversy when a leaked audio call clip allegedly featuring him abusing and giving death threats to a Kotak employee, for failing to provide funding for the Nykaa IPO on October 28, went viral. The tech entrepreneur, a former Kotak employee himself, had dismissed it as a fake clip.
But the developments soon assumed significance when a legal notice sent by the Grovers to banker Uday Kotak and to three members of the bank’s senior leadership team, surfaced.
The tenure of the Grovers, along with several other employees, at the New Delhi-headquartered company is being reviewed, said sources. When contacted, a BharatPe spokesperson said, “The board of BharatPe is committed to the highest standard of corporate governance at the company… The board strongly believes in protecting interests of all stake holders, including customers, employees and partners.”
In case of BharatPe, Grover first sparked controversy when a leaked audio call clip allegedly featuring him abusing and giving death threats to a Kotak employee, for failing to provide funding for the Nykaa IPO on October 28, went viral. The tech entrepreneur, a former Kotak employee himself, had dismissed it as a fake clip.
But the developments soon assumed significance when a legal notice sent by the Grovers to banker Uday Kotak and to three members of the bank’s senior leadership team, surfaced.
,