BharatPe co-founder Ashneer Grover, amidst allegations of generating fake invoices and misusing company funds, declared on X (formerly Twitter) that he will be the “last man standing after BharatPe.” Grover referenced responses from auditors and the Economic Offenders Wing, dismissing reported charges. The EOW stated investigations are in the initial stage, with replies from authorities pending. BharatPe accuses Grover of utilizing company funds for personal expenses, leading to charges including forgery. Recent revelations suggest fake invoices were created after the firms’ bank accounts were opened, allegedly for fund diversion. The controversy dates back to 2022, when Grover faced accusations related to Nykaa IPO funding.
BharatPe Co-founder Denies Fraud Allegations, Vows to Stand Firm
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