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BharatPe investors may make stake sale painful for Ashneer Grover: Experts

BharatPe founder's demand for Rs 4,000-crore payout rests on shaky ground

Ashneer Grover, co-founder and MD, BharatPe
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Ashneer Grover, co-founder and MD, BharatPe

Deepsekhar Choudhury Bengaluru
Ashneer Grover, the embattled founder and managing director of fintech unicorn BharatPe, would find it difficult to sell his 9.5 per cent stake in the company amid the prevailing boardroom tussle, experts say. 

“Given the forensic audit that is going on, it seems like he will be fired with cause. So, investors will try to make it as painful as possible. Otherwise, founders will always try to create a nuisance and seek an exit after hitting a high valuation,” said a venture capital investor who does not want to be named.

Grover’s stake of 9.5 per cent in the company

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