Mumbai, 1/3: BharatPe co-founder Ashneer Grover has resigned as the managing director and a director on the company’s board, Business Standard reported quoting sources.
“I write this with a heavy heart as today I am being forced to bid adieu to a company of which I am a founder. I say with my head held high that today this company stands as a leader in the fintech world. Since the beginning of 2022, unfortunately, I’ve been embroiled in baseless and targeted attacks on me and my family by a few individuals who are ready not only to harm me and my reputation but also harm the reputation of the company, which ostensibly they are trying to protect,” Grover has written in his resignation letter, the report stated.
Grover earlier lost an arbitration that he had filed against the company’s investigation against him, with an emergency arbitrator holding that there was no ground to stop governance review at the fintech firm.
Grover, who last month went on a two-month leave of absence following allegations of using abusive language against Kotak Mahindra Bank staff and fraudulent practices, had filed an arbitration plea with the Singapore International Arbitration Centre (SIAC) claiming the company’s investigation against him was illegal.
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