Get All Access for $5/mo

Ashneer Grover And His Sarcastic Tweet After 2nd BharatPe Co-Founder Sues Him The BharatPe story seems to never tire of throwing up new plot twists and updates on a regular basis.

By Kabir Singh Bhandari

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Ashneer Grover in his 'court look' (Ashneer Grover Twitter)

The BharatPe story seems to never tire of throwing up new plot twists and updates on a regular basis. The latest one being that it's second co-founder Shashvat Nakrani has sued Ashneer Grover, the former MD, over 'unpaid shares.'

It was in 2018 that BharatPe had been started by Nakrani and Bhavik Koladiya (as reported in Mint). Each of them owned 50 per cent of the firm and in the same year Grover had joined the firm as the third co-founder and board member, buying 3,192 shares in total from Nakrani and Koladiya.

READ: The Incident Because Of Which Ashneer Grover Decided To Become An Entrepreneur

In January 2023, it was Koladiya who had taken both Grover and BharatPe to court to reclaim his company shares. He had left the company in August 2022.

With cases being filed against him on a regular basis, Grover took to Twitter to address the issue. "I am a bit confused. As @bharatpeindia shareholder am I invested in a FinTech or Law Firm ? Also a new case against Ashneer Grover every week is a feature or product release ?!!" Grover posted on his Twitter timeline. Along with this message, he also posted a photo of him attending the court hearing, cheekily adding in the tweet that, "If Court Look was a thing ! Ab kya karein - number of visits to court are tending towards number of airport visits :)"

READ: Ashneer Grover: 'I Will Cap Income Tax At 10 Per Cent If Made Chief Minister'

Grover attained fame during the first season of Shark Tank India, when memes of him would regularly go viral on social media along with his video bytes from the programme commenting or criticizing participants. He wasn't a part of the second season which has recently wrapped up, but has been a regular fixture in the news with his social media presence, interviews and also his autobiography Dogplapan.

Kabir Singh Bhandari

Entrepreneur Staff

Former Senior Assistant Editor

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Your Definition of Leadership Is Outdated — Here's How to Be a Better Leader in the Modern Workplace

In my nearly thirty years as a leader, I've focused on setting a clear vision and empowering my team to achieve our goals. We prioritize establishing shared objectives while allowing for flexibility when needed.

Starting a Business

They Showed Up to Apple With a Product They Built in Their Dorm Room. Now These Entrepreneurs Are on the Way to Changing the Way Fans Watch Sports.

How Rahat Kulshreshtha and Gaurav Mehta launched Quidich Innovation Labs, technology that is literally changing the game of sports viewership.

Business News

How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: 'One of the Most Remarkable Business Pivots in History'

Here's how Nvidia pivoted its business to explore an emerging technology a decade in advance.

Thought Leaders

25 Common Characteristics of Successful Entrepreneurs

Do you have what it takes to get through hard times? Here are the traits that help home-based business owners thrive.

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.