Bhavik Koladiya, the founder of BharatPe filed a lawsuit against Ashneer Grover in the Delhi High Court, according to media reports.
Koladiya is seeking to reclaim his shares from Grover, who is a co-founder and former managing director of the company. The matter is likely to be heard by Justice Prateek Jalan in the Delhi High Court, the media report reveals.
Koladiya and Grover's dispute over shares were first reported last year. Koladiya and Shashvat Nakrani established BharatPe in July 2017 and incorporated it in March 2018.