Ashneer Grover, co-founder of BharatPe, has raised concerns of fraud and urged the Reserve Bank of India (RBI) to investigate the company's shareholding structure. Grover alleges that discrepancies exist in BharatPe's shareholding, pointing to entities purportedly holding shares on behalf of employees.
He questions the legitimacy of these claims and suggests potential foul play. Grover's call for an RBI probe adds to the growing scrutiny surrounding BharatPe, a fintech company embroiled in controversy amidst its rapid expansion in the Indian market.