BharatPe files criminal suit against Ashneer Grover, family

Fintech unicorn BharatPe has filed a criminal suit against its former MD and co-founder Ashneer Grover and his family, seeking up to Rs 88.67 crore in damages for alleged cheating and embezzlement of funds.

The suit, running into 2,800 pages, alleges that Grover, his wife Madhuri Jain and other family members created fake bills, enlisted fictitious vendors to provide services to the company, and overcharged the company for recruitment.

The civil suit and criminal complaint came up before the Delhi High Court, which issued notices to the Grover family and asked them to respond within two weeks. The next hearing date has been set for January 9.