Ashneer Grover quits BharatPe board: Full text of resignation letter

Ashneer Grover wrote a scathing resignation letter addressing the board, alleging that he was being targeted by a few individuals.

Ashneer Grover has resigned as the managing director of BharatPe. Grover's move comes a day after his petition to ward off a board investigation was rejected by Singapore International Arbitration Centre (SIAC). Last week, the services of Grover’s wife and ex-head of controls at the Indian fintech unicorn Madhuri Jain, were terminated by BharatPe based on the allegations of financial irregularities and money siphoning, according to a Business Today report.

Grover wrote a scathing resignation letter addressing the board, alleging that he was being targeted by a few individuals.

Here is the full text of Ashneer Grover's resignation letter

To,

The Board of Directors

Dear Board,

"I write this with a heavy heart as today I am being forced to bid adieu to a company of which I am a founder. I say with my head held high that today this company stands as a leader in the fintech world. Since the beginning of 2022, unfortunately, I’ve been embroiled in baseless and targeted attacks on me and my family by a few individuals who are ready not only to harm me and my reputation but also harm the reputation of the company, which ostensibly they are trying to protect.