Bengaluru: Even as BharatPe has terminated Ashneer Grover from the company accusing him and his family of misusing company funds, another battle might be on the cards over the fintech’s original founder Bhavik Koladiya’s stake in the firm. Koladiya, who became a consultant during the early days of BharatPe — a company which he started — following his conviction in the US in a credit card fraud, is said to have split his holding in the company between the other two cofounders — Grover and Shashvat Nakrani, multiple sources briefed on the matter said.
Now, there seem to be early signs of tension brewing over it, these people said. Given the straining of relations between Grover and Koladiya, it will be a complex situation on how Koladiya’s stake can be transferred to him, two people who were aware of the previous arrangements said.
