Porsche, Dining Table Worth Rs 1 Cr: Staff Shares Deets Of Ashneer Grover's Lifestyle In A Report
Amidst the allegations, Grover, who resigned as Managing Director last week, rubbished all claims regarding the misappropriation of funds.
Ashneer Grover's exit from BharatPe has stirred endless controversies. Amidst mudslinging and a high-voltage public drama, a new report now makes some outrageous claims about his lavish lifestyle.
According to a report, Shark Tank India judge¡¯s gradually increasing lavish lifestyle was not something that the employees of the fintech start-up were able to digest.
BharatPe employees have now claimed that Grover purchased a Porsche, spending almost a crore ($1,30,000) on a dining room table.
The same Bloomberg report quotes BharatPe employees, claiming Grover and his wife Madhuri upgraded their modest home for a rented penthouse and renovated other property.
Ashneer discussed his expensive purchases with several employees.
Amidst the allegations, Grover, who resigned as Managing Director last week, rubbished all claims regarding the misappropriation of funds.
Ashneer and his wife Madhuri slammed the company for treating founders as ¡®slaves.¡¯
Madhuri was sacked in February for allegedly using company funds for personal use such as beauty treatments and vacations.
¡°The only thing lavish about me is my dreams and ability to achieve them against all odds through hard work and enterprise,¡± Ashneer Grover had told Bloomberg rubbishing claims about his glitzy lifestyle.
In a Linkedin post, Ashneer shared a photograph of a mattress on the floor, claiming he was sleeping in while on the road securing funding for BharatPe.
How did the Ashneer and BharatPe drama unfold?
Problems began surfacing in the company in 2020. While BharatPe¡¯s office remained open, a female executive who joined the start-up that year claimed she was shocked that masks weren¡¯t mandatory in the premises.
In her claims, she mentioned that only a handful of its 70 or so employees wore them.
A Bloomberg report claimed Ashneer scolded her for making Covid an issue and blamed her for influencing and instigating the staff. She was later fired citing reasons like she had ¡®emotional baggage.¡¯
Multiple former and current employees claimed they were not fond of Madhuri's working style.
She even threatened a colleague with salary deductions for using the company printer. Employees shared accounts of horrid conversations with Madhuri, one being her blasting people for the amount of coffee they consumed at work.
During Ashneer's stint at Shark Tank India, he was first sent on leave following allegations of using abusive language against Kotak Mahindra Bank staff, which he later denied.
In a statement, BharatPe said it ¡°reserves all rights to take further legal action against him and his family¡ As a result of his misdeeds, Mr. Grover is no longer an employee, a founder, or a director of the company.¡±
¡°If you expect that someone will create a $6 billion business in less than four years and want everything to be perfect, including culture, sorry just not going to happen,¡± Grover said in a February interview with Moneycontrol.
In March first week, BharatPe removed Ashneer Grover's profile and photo from their website.
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