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.
India, a land of diverse cultures, landscapes, and histories, continues to enchant travelers from around…
The world of Yakshagana, a traditional theatre form of Karnataka, has lost a towering figure.…
Japan, often referred to as the "Land of the Rising Sun," is a captivating island…
IndusInd Bank, in collaboration with Circularity Innovation Hub India Private Limited (CIH), has achieved a…
The Reserve Bank of India (RBI) has instructed Talkcharge Technologies to halt the issuance and…
In the latest advancement of China's space program, the Shenzhou-18 mission saw the successful launch…