In the annals of controversial startup founders, there’s a special place for the likes of Uber’s Travis Kalanick and WeWork’s Adam Neumann. Now, India’s Ashneer Grover could join their ranks.
Within BharatPe, one of the country’s fastest-growing financial technology companies, a ferocious split has divided the startup’s board from Grover, the co-founder and former managing director. In recent days, senior leadership has accused Grover of misappropriating funds. Staff have narrated a long litany of complaints. In a leaked audio recording posted anonymously on Twitter, a man whose voice sounds like Grover’s threatens a bank employee with death for not helping him get shares in a hot initial public offering.