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Ashneer Grover: The untold pulls and pressures behind Ashneer Grover’s forced exit from BharatPe


Ashneer Grover, Suhail Sameer and Rajnish Kumar; image credit: Illustration by Manali Ghosh

Synopsis

The dust has settled after one of the biggest showdowns in the Indian startups ecosystem. Following Ashneer Grover’s unceremonious exit, the fintech unicorn has been trying to begin a new chapter. But what really triggered Grover’s ouster? ET Prime pieces together several unknown details in the saga that unfolded after a whistleblower’s e-mail to BharatPe’s board members and investors.

In January this year, the whistleblower committee of BharatPe received a strange e-mail. Its subject line had only one word — “Fraud” — and the text field was blank. This was a few days after an audio clip of BharatPe co-founder and MD Ashneer Grover threatening a Kotak Bank employee over a phone call had gone viral — an episode which many believe culminated in his ouster from the payments startup two months later. But contrary to popular

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