Ashneer Grover alleged that he was being focused by just a few people, and was “vilified and handled in essentially the most disgraceful method.”

Ashneer Grover, the beleaguered co-founder of BharatPe, has resigned because the managing director of the Indian fintech unicorn.

Grover’s transfer comes a day after Singapore Worldwide Arbitration Centre (SIAC) rejected his petition to keep off a board investigation, in line with a Enterprise At the moment report.

Final week, the companies of Grover’s spouse and ex-head of controls on the firm, Madhuri Jain, have been terminated by BharatPe on the allegations of monetary irregularities and cash siphoning.

ASHNEER GROVER’S RESIGNATION LETTER

Grover has written a scathing resignation letter addressing the board.

He alleged that he was being focused by just a few people, and was “vilified and handled in essentially the most disgraceful method.”

“I write this with a heavy coronary heart as right this moment I’m being pressured to bid adieu to an organization of which I’m a founder. I say with my head held excessive that right this moment this firm stands as a pacesetter within the fintech world,” Grover wrote in his resignation letter, in line with Enterprise At the moment.

“For the reason that starting of 2022, sadly, I’ve been embroiled in baseless and focused assaults on me and my household by just a few people who’re prepared not solely to hurt me and my repute but in addition hurt the repute of the corporate, which ostensibly they’re attempting to guard,” he claimed.

“From being celebrated because the face of Indian entrepreneurship and an inspiration to the Indian youth to construct their very own companies, I’m now losing myself combating a protracted, lonely battle towards my very own traders and administration. Sadly, on this battle, the administration has misplaced sight of what’s really at stake BharatPe,” Grover wrote.

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