BharatPe settles Rs 88 cr fund misappropriation case with Ashneer Grover

BharatPe settles Rs 88 cr fund misappropriation case with Ashneer Grover

New Delhi: After a long-standing and dramatic courtroom battle, BharatPe on Monday said it has arrived at an agreement with its former co-founder Ashneer Grover, who was charged, along with his family members, by the fintech company for alleged misappropriation of funds worth Rs 88.67 crore. In a statement to IANS, the company said that … Read more

BharatPe, PhonePe settle trademark dispute on using ‘Pe’ suffix

BharatPe, PhonePe settle trademark dispute on using ‘Pe’ suffix

Bengaluru: The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix “Pe”. This comes after a long-drawn legal dispute across multiple courts, since the last 5 years. “The settlement will put an end to all open judicial … Read more

BharatPe, PhonePe Settle Long-Standing Trademark Dispute Over ‘Pe’ Suffix

BharatPe, PhonePe Settle Long-Standing Trademark Dispute Over ‘Pe’ Suffix

BharatPe and PhonePe have taken steps to withdraw all oppositions against each other in the trademark registry, to proceed with the registration of their respective marks. The BharatPe-PhonePe trademark dispute settlement will put an end to all open judicial proceedings BharatPe Group and PhonePe Group on May 26 said that they have amicably settled all … Read more

BharatPe Rejigs Senior Management In Payment, Lending Unit Verticals

BharatPe Rejigs Senior Management In Payment, Lending Unit Verticals

BharatPe has seen improvement in business with 182 per cent year-on-year increase in revenue from operations to Rs 904 crore in FY23. BharatPe has elevated its banking and alliance Chief Business Officer Sandeep Indurkar as CEO of payment vertical — Resilient Payments Pvt Ltd Fintech firm BharatPe is learnt to have rejigged senior management of … Read more

Ashneer Grover Alleges Oppression, Mismanagement Against BharatPe; Approaches NCLT

Ashneer Grover Alleges Oppression, Mismanagement Against BharatPe; Approaches NCLT

Ashneer Grover. (File photo) Ashneer Grover requests NCLT to order inspection and audit of the company by Ministry of Corporate Affairs and to revert any shares/ESOPs issued since his resignation on March 1, 2022 Ashneer Grover, co-founder and former managing director of BharatPe, has moved the National Company Law Tribunal (NCLT), alleging oppressive conduct and … Read more