News of Ashneer Grover resigning as the Managing Director of BharatPe dominated headlines yesterday. The fintech entrepreneur, who was a popular judge at Shark Tank India, resigned a few days after his wife and BharatPe’s Head of Controls, Madhuri Jain Grover, was sacked over alleged “financial irregularities”.
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Ashneer Grover opened up about his resignation and how he isn’t willing to become a “slave” to investors in an interview. He further added that he wants to do business wherein he would have 100% ownership of his company. Hindustan Times quoted him saying:
“I am very clear, I will be a private person. Not here to lead my life as per the media, not going to be a slave to these investors again in my life. Will lead life on my own terms. I am now looking up to people like Turakhias (Bhavin) and Kamath (Nitin) who have the courage to build businesses with 100% ownership. It will take a bit longer to build, I will be in control of what I build and not build it for these people who are opportunistic.”
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When asked about the “injustice” that was done to him, his wife, and his family, Grover called it “male chauvinism” and revealed:
“Not just injustice, it is male chauvinism at best. In the termination letter, they have mentioned about a laser treatment. I can tell you the level of blatant lies they have gone to. My wife had a skin condition. She was undergoing a doctor’s treatment and that bill is a private bill. She had paid for it. It was just lying in the drawer. They picked that up and said you claimed this bill from the company. To hell with all of them.”
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