Highlights

  • Grover said in late January that he was going on a two-month leave of absence
  • Ashneer had offered to sell stake BharatPe for a compensation of Rs 4000 cr

Latest news

EAM Jaishankar holds talks with Israel PM Netanyahu on deepening bilateral ties

EAM Jaishankar holds talks with Israel PM Netanyahu on deepening bilateral ties

UP govt launches book on 8 years of state under CM Adityanath

UP govt launches book on 8 years of state under CM Adityanath

Karan Johar’s ‘Homebound’ shortlisted for 98th Oscars International Feature category

Karan Johar’s ‘Homebound’ shortlisted for 98th Oscars International Feature category

India, Ethiopia elevate ties to strategic partnership as PM Modi holds talks with his counterpart

India, Ethiopia elevate ties to strategic partnership as PM Modi holds talks with his counterpart

PM Modi conferred Ethiopia’s highest civilian honour in Addis Ababa

PM Modi conferred Ethiopia’s highest civilian honour in Addis Ababa

IPL 2026 auction wrap: Complete team squads and salary details

IPL 2026 auction wrap: Complete team squads and salary details

Trump imposes full travel bans on seven more countries, Palestinians

Trump imposes full travel bans on seven more countries, Palestinians

Trump calls for global unity against radical Islamic terrorism after Bondi attack

Trump calls for global unity against radical Islamic terrorism after Bondi attack

Read the email Ashneer Grover sent as he resigned - scathing attack on management & investors

Grover remains the largest individual shareholder of BharatPe.

Read the email Ashneer Grover sent as he resigned - scathing attack on management & investors

Ashneer Grover has resigned from BharatPe but the shark is not going out without a loud swan song. 39 year old Grover exited his executive position with immediate effect but sent scathing emails to investors and management as he claims he was 'forced out.' Grover remains the largest shareholder of the fintech that counts Sequoia Capital India, Insight Partners and Ribbit Capital among its backers. Here is an excerpt of Grover's going out mail as per reports -:

Also watch| Ashneer Grover resigns from BharatPE, says 'I was forced out' as fraud investigation continues


“The fundamental fact is that all of you as investors are so far removed from reality that you’ve forgotten what real businesses look like and have no appreciation for what it took to run this enterprise day in and day out,” wrote Ashneer

“None of you, including the ones based in India, have ever been to our office even once, since the pandemic turned our lives upside down and sought to suffocate the economy. This is how connected you are to BharatPe. Your views of businesses and problems on the ground are so colored by the windows of the Ivory Tower in which you all reside that you have no connect whatsoever with the human element of the business.”

“It is sad that you have even lost touch with the founder. For you, the founder of this company has been reduced to a button to be pressed when needed. I cease to be a human for you. Today, you have chosen to believe gossip and rumors about me instead of having a frank conversation. You are easily spooked because you have no touch with reality.”


ADVERTISEMENT

Up Next

Read the email Ashneer Grover sent as he resigned - scathing attack on management & investors

Read the email Ashneer Grover sent as he resigned - scathing attack on management & investors

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.