Bhavik Koladiya is suing Ashneer Grover over a BharatPe share dispute

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Bhavik Koladiya, co-founder of BharatPe, has filed a lawsuit against his former partner and co-founder Ashneer Grover, five months after he severed ties with the startup. The Delhi High Court will hear Koladiya’s request to reclaim his shares in the company on January 18.

Koladiya and his teacher’s son, Shashvat Nakrani, founded the fintech company in 2017. In 2018, the duo began looking for a CEO for the company, and they eventually teamed up with Grover. Soon after, Koladiya, who owned approximately 30.21 percent of the company, was forced to resign due to a prior US conviction for credit card theft.

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Bhavik Koladiya is suing Ashneer Grover over a BharatPe share dispute

Bhavik Koladiya, co-founder of BharatPe, has filed a lawsuit against his former partner and co-founder Ashneer Grover, five months after he severed ties with the startup. The Delhi High Court will hear Koladiya’s request to reclaim his shares in the company on January 18.

Koladiya and his teacher’s son, Shashvat Nakrani, founded the fintech company in 2017. In 2018, the duo began looking for a CEO for the company, and they eventually teamed up with Grover. Soon after, Koladiya, who owned approximately 30.21 percent of the company, was forced to resign due to a prior US conviction for credit card theft.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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