BharatPe to claw back founder’s shares, terminate ‘several’ employees

BharatPe says it has initiated actions to claw back co-founder Ashneer Grover’s restricted shares and terminate services of several employees who engaged with sketchy vendors as the Tiger Global-backed fintech startup looks to recover from a strange and tremulous episode early this year.
The Noida-headquartered startup, last valued at $2.85 billion and which helps merchants accept money online and also provides them with working capital, earlier this year launched an investigation into its own co-founder Grover following complaints. It concluded that Grover and people close to him had “s

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