Ashneer Grover, co-founder and Managing Director (MD) of BharatPe, a leading Indian fintech company, has resigned as the MD and director of the board of BharatPe. Ashneer Grover, who owns a 9.5% stake worth Rs 1915 crore in BharatPe, will continue as the single largest individual shareholder of the company. BharatPe became the 19th Indian startup to become a unicorn in 2021.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Shashwat Nakrani, the co-founder of BharatPe, owns 7.8% and Sequoia Capital India, a venture capital (VC) investor and the largest shareholder of BharatPe, holds 19.6%, followed by Coatue at 12.4% and Ribbit Capital at 11%. As of August 2021, Tiger Global, Steadview Capital, and Beenext together hold a 60.4% stake in BharatPe.
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
In a major reform aimed at improving the ease of doing business in India, the…
José Antonio Kast has officially taken office as the new President of Chile, marking a…
Child marriage is a serious social issue in India, affecting the rights, health, and education…
Prime Minister Narendra Modi recently dedicated a modern elevated road corridor connecting Pandu Port to…
The Union Ministry of Jal Shakti is taking big steps under Jal Jeevan Mission (JJM)…