BharatPe founder Bhavik Koladiya quits, months after Ashneer Grover’s exit

BharatPe’s founder Bhavik Koladiya has resigned from his position at the unicorn fintech company.

The development comes a few months after another co-founder and managing director Ashneer Grover’s exit, following weeks of dispute between him and the management on alleged misappropriation of funds.

“His (Koladiya’s) contract tenure ended on July 31, 2022, and he expressed his desire to spend time on other assignments outside BharatPe,” said a BharatPe spokesperson.

BharatPe said Koladiya had been associated with it as an “independent consultant”, guiding the firm’s product and technology teams.