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 achieved the milestone as it commissioned the world’s first hydrogen production facility, which is…
Honorable Japanese Prime Minister Sanae Takaichi is scheduled to visit New Delhi from 1st to…
The India-Seychelles defense partnership has been emerged as the key pillar of maritime security in…
President of Uber India and South Asia, Prabhjeet Singh has resigned after completing a decade-long…
India has launched Operation Amistad to support Venezuela after devastating earthquake that caused the extensive…
Odisha has unveiled the GO-EAST (Government of Odisha Eastern Investment Accelerator and Special Task Force)…