BharatPe Co-founder and Managing Director Ashneer Grover, facing a controversy over alleged using inappropriate language against Kotak Mahindra Bank s staff, has taken voluntary leave till March-end, the fintech company announced on .
BharatPe Co-founder and Managing Director Ashneer Grover, facing a controversy over alleged using inappropriate language against Kotak Mahindra Bank s staff, has taken voluntary leave till March-end, the fintech company announced on Wednesday.
BharatPe s co-founder and MD Ashneer Grover and his wife Madhuri Grover sent a legal notice to Kotak Mahindra Bank s managing director and chief executive officer Uday Kotak and to some of his senior management, accusing the bank of failing to secure financing and allocation of shares in an IPO launched by beauty firm Nykaa.
BharatPe founder Ashneer Grover and his wife Madhuri Grover have alleged that Kotak Mahindra Bank went back on their deal to get them shares worth Rs 500 crore in FSN E-Commerce Ventures Ltd after Nykaa IPO was launched.