BharatPe
Suhail Sameer, the chief executive of BharatPe, will leave the top role later this week as the Indian fintech startup scrambles to steer the ship after kicking out its founder…
Nigerian financial management app for merchants Kippa bags $8.4M in new funding
Kippa, the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 million in an oversubscribed seed round. The…
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…
Sequoia Capital India pledges to take proactive steps amid fraud allegations at some startups
Sequoia Capital India, one of the most prolific and successful investors in India and Southeast Asia, addressed the fraudulent practices allegations levelled against some of its portfolio startups and pledged…
BharatPe founder Ashneer Grover siphoned off money, Indian startup says
BharatPe co-founder Ashneer Grover and his relatives engaged in “extensive misappropriation of company funds” and “siphoned [off] money,” the Indian fintech startup said, citing a review by independent advisers, the…
Shark Tank India host Ashneer Grover resigns from BharatPe board amid turmoil at Indian fintech
Ashneer Grover, a founder and the public face of BharatPe, has resigned from the board and left the managing director position he held at the Tiger Global-backed Indian fintech startup…
Shark Tank India host Ashneer Grover asks for the removal of BharatPe CEO from board
BharatPe co-founder and managing director Ashneer Grover has asked the board for the removal of chief executive Suhail Sameer from the board in the latest of a series of remarkable…
Fintech founder Ashneer Grover takes a leave of absence after reports of questionable conduct
Ashneer Grover, the public face of BharatPe, the unicorn fintech startup he co-founded, is taking a leave of absence from work for two months after serious questions have been raised…
India’s BharatPe valued at $2.85 billion in Tiger Global-led $370 million funding
Indian fintech startup BharatPe has raised $370 million in a new round of financing as it looks to aggressively scale its business in the next two years. It’s the nineteenth…
Tiger Global in talks to back BharatPe at $2.5 billion valuation
Indian fintech startup BharatPe is in advanced stages of talks to raise about $250 million in a new financing round led by Tiger Global, two sources familiar with the matter…
India’s BharatPe valued at $900 million in new $108 million fundraise
India may soon have another fintech unicorn. BharatPe said on Thursday it has raised $108 million in a financing round that valued the New Delhi-based financial services startup at $900 million,…
Google said on Thursday it plans to offer credit to millions of merchants in India through its Google Pay app starting later this year as the American technology group looks…
AngelList India head Utsav Somani launches micro VC fund to back 30 early-stage startups
As investors get cautious about writing new checks to early-stage startups in India amid the coronavirus outbreak, AngelList’s head in India is betting that this is the right time to…
BharatPe raises $75M to help Indian merchants accept digital payments and secure working capital
BharatPe, a New Delhi-based startup that is enabling hundreds of thousands of merchants to accept digital payments for the first time and also providing them with access to working capital,…
India’s BharatPe raises $50M to help merchants accept digital payments and secure working capital
BharatPe, a New Delhi-based firm that is enabling hundreds of thousands of merchants to start accepting digital payments for the first time, and is also giving them access to working…