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The audio tape claims that the lender turned down Groveru2019s request for finance for a personal investment in the initial public offering of omnichannel cosmetics store Nykaa. <br>
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Search here ... Ashneer Grover Introduces the Third Unicorn to the World Home - Startups - Ashneer Grover Introduces the Third Unicorn to the World Startups January 10, 2023 Ashneer Grover, the founder of the troubled BharatPe, provided a sneak
preview of his newest project, the Third Unicorn, on Monday through LinkedIn. At Third Unicorn, they have been quietly and calmly creating a company that will shake the market. Bootstrapped, without the spotlight. And they are acting uniquely. In his article, Grover stated, very differently. His tweet came just after the Delhi High Court extended the deadline for Grover and his wife, Madhuri Jain, the former head of controls at BharatPe, to respond to the 몭ntech company’s continuing lawsuit, which claims both corporate malfeasance and misuse of money. Grover was advised to behave properly in the court. Grover included a broad outline of his forthcoming project in his article as well. Grover made fun of the venture capital (VC) industry by claiming that he only supports “desi” (homegrown) or “self-earned” 몭nance. There won’t be more than 50 people on the Third Venture team, and the goal is to “create $1 billion in income.” He referred to his strained connection with investors and board members as a result of the loud debate at his old company BharatPe when he declared that the startup would not have a normal board as in other businesses. While promising to give a Mercedes to everyone working with him after his 몭rm has been operating for 몭ve years, he advised potential investors to get in touch with him immediately. Ongoing Legal Dispute After allegations of 몭nancial irregularities appeared in January 2022, which led to their departure from the 몭ntech business, Grover and his wife Jain are currently locked in a contentious legal dispute with BharatPe. The Delhi High Court gave Grover, his wife Madhuri Jain Grover, and their family members more time to respond to a lawsuit 몭led by the 몭ntech company, which is requesting Rs 88 crore in damages for alleged misappropriation of funds and reputational harm. Grover, Madhuri Jain Grover, and their family members have until Monday to respond. Through his attorney, Grover was instructed by the court to act professionally and refrain from disparaging the business or its leaders.
BharatPe 몭led a complaint with the Economic Offences Wing as well as civil and criminal lawsuits against the defendants in December (EOW). The entire scandal started in January 2022 when a social media user posted an audio tape of Grover purportedly yelling obscenities at a Kotak Mahindra Bank staffer. The audio tape claims that the lender turned down Grover’s request for 몭nance for a personal investment in the initial public offering of omnichannel cosmetics store Nykaa. You can share this post! Previous article Venture Catalysts provides seed money for MindPeers Next article Killer Replaces MPL as New Partner of Indian Cricket Team Related Articles Leave a Reply Your email address will not be published. Required 몭elds are marked * Comment *
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January 10, 2023 Killer Replaces MPL as New Partner of Indian Cricket Team January 10, 2023 Ashneer Grover Introduces the Third Unicorn to the World Popular Categories Trending Post Campaigns Digital Media In A Seed Funding Round, Contlo Raises $3.5 Million Fund Raising Marketing Markets Politics Startups Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz