Ashneer Grover Severs All Ties With BharatPe Following Legal Settlement3Photo© hindustantimes.com

Ashneer Grover Severs All Ties With BharatPe Following Legal Settlement

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Bharat Pe has officially settled its long-standing legal dispute with former co-founder Ashneer Grover in an agreement announced today, which states that Grover will no longer have any ties to BharatPe and neither will he hold any shares in the company.

Both parties were involved in a legal dispute since Mr Grover was removed from the position of Managing Director of BharatPe by the company's board in March 2022.

"Both parties have decided not to pursue the cases filed. We wish Mr Grover well. BharatPe continues to focus on delivering industry-leading solutions to its merchants and customers driving growth with profitability," said the Indian fintech company in a statement.