New Delhi: Co-founder and Managing Director of fintech firm BharatPe, Ashneer Grover, has resigned from the company as well as from its board on Tuesday.
“From being celebrated as the face of Indian entrepreneurship he is now wasting his time fighting a long, lonely battle against his own investors and management. Unfortunately, in this battle, the management has lost what is actually at stake – BharatPe”, Grover wrote in his resignation letter send to the board of the company on Tuesday midnight.
Co-founder of @bharatpeindia @Ashneer_Grover resigns as MD & Director!
Continues as the single largest individual shareholder of the Co.
In a letter to the board, says ‘Forced to bid adieu to a company of which I am a founder.’ #Exclusively reports @ShrutiMishra_ @ShereenBhan pic.twitter.com/C69Q5ueHDS
— Young Turks (@CNBCYoungTurks) February 28, 2022
The news of Ashneer’s resignation comes days after his wife Madhuri Jain was sacked by BharatPe over on charges of ‘misappropriation of funds’.
While Grover’s resignation has left many stunned, microblogging site Twitter is loaded with Ashneer’s memes from ‘Shark Tank India’, with Netizens asking him ‘Bhai kya kr rha hai tu?‘.
Check out some hilarious social media reactions here:
Bhai kya kar dia tu #AshneerGrover pic.twitter.com/DplLGOZ4tO
— D Jay (@djaywalebabu) March 1, 2022
News: #AshneerGrover resigns #bharatpe
Meanwhile startups in which he invested: pic.twitter.com/4fINhfOmPA
— Tanishq Ganu (@smart__leaks) March 1, 2022
“Ashneer Grover Resigns from BharatPe”#AshneerGrover #bharatpe
Public To Him: pic.twitter.com/GYKilbS4oo
— Ravdeep Singh Chawla (@ravdeeprsc) March 1, 2022
#ashneergrover
In Shark tank in bharat pay pic.twitter.com/yDl49yrhRU— All India Mews (@allindiamews) March 1, 2022
Ashneer Grover right now pic.twitter.com/0VTZTkdpEV
— UNTOLD (@h_ar_ish) March 1, 2022
#AshneerGrover resigns from #BharatPe board amid boardroom battle.
Shark tank rejected contestants : pic.twitter.com/5Z4Oc7Wx3Q
— Tweetera? (@DoctorrSays) March 1, 2022
#AshneerGrover resigns as #BharatPe MD
Ashneer Grover fans: #SharkTankIndia pic.twitter.com/nHMxQ0lt7P
— Nisha Saxena (@Saxena_Nish01) March 1, 2022
Earlier this month an audio clip of a man, allegedly Ashneer Grover, abusing and threatening a Kotak Mahindra Bank employee, went viral. Grover allegedly threatened the Kotak Mahindra Bank staffer on phone for failing to secure finance and allocation of shares in Nykaa initial public offering (IPO).
Grover has denied the charges terming the audio clip “fake”.
