FIR Against Ashneer Grover, Family On Fresh Complaint By BharatPe

The Economic Offences Wing of the Delhi Police registered a first information report against controversy-mired BharatPe co-founder Ashneer Grover and his family members, after a fresh complaint from the payments company over alleged suspicious transactions.

Grover had resigned from BharatPe in March 2022, following a governance review by the company in January 2022, that discovered misappropriation of funds worth Rs 83.6 crore.

The company was initially founded by Shashvat Nakrani and Bhavik Koladiya in March 2018. Grover’s association with the firm began with an investment four months later. What started as a purchase of 3,192 shares in the company for Rs 32,000, has now led to Grover facing charges of possible fraud and misappropriation of funds.