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BharatPe CEO Fails To Grow The Company, Enjoying Life With The Fund I Raised: Ashneer Grover

Grover last week went after the fintech platform's co-founder Shashvat Nakrani, alleging that he once asked him to work from home for a year in order to finish his IIT degree while still being paid

Despite the Delhi High Court's order to refrain from making defamatory statements against the company and its executives in the ongoing Rs 88.6 crore fraud case, former BharatPe Co-founder and Managing Director Ashneer Grover took a scathing shot at CEO Suhail Sameer on Monday, alleging that the CEO allegedly spent money on personal expenses that he raised but is unable to help the fintech firm grow.

Grover claimed in a social media post that Sameer used money he raised to travel to Australia for the recently concluded T20 World Cup. He wrote in the post: "Suhail (CEO) -- bahut aish kar li Ashneer ke raised funds pe. Ladkiya bhi ghuma li Australia. Par hai to hum nalle - hiring, product, tech, UNITY bank, PA license, mkt share -- kuchh nahi hil raha humse. Kya karenge? (Had a gala time with money Ashneer raised in Australia but I am unable to help the company on the hiring, product, tech UNITY Bank, payment aggregator (PA) license and market share fronts, what to do?)"

Further, Grover targeted Sumeet Singh, a partner with Shardul Amarchand Mangaldas. The post added, "Sumeet (GC): Case karenge ! case karenge ! Case karenge ! (However, Sumeet went ahead and filed the case)

In response to a petition filed by the company, the Delhi High Court issued notice and summons to BharatPe's former Managing Director and his kin last week, seeking orders prohibiting them from making defamatory statements about the company.

Grover last week went after the fintech platform's co-founder Shashvat Nakrani, alleging that he once asked him to work from home for a year in order to finish his IIT degree while still being paid.


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