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BharatPe has sacked Madhuri Jain Grover, wife of the fintech firm’s co-founder and managing director Ashneer Grover, over alleged financial irregularities and cancelled ESOPs vested with her.
Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the US and Dubai, sources with direct knowledge of the matter said.
Besides, she also allegedly paid her personal staff out of company accounts and produced fake invoices from known/friendly parties, they added.
Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the US and Dubai, sources with direct knowledge of the matter said.
Besides, she also allegedly paid her personal staff out of company accounts and produced fake invoices from known/friendly parties, they added.