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BharatPe sacks Grover’s wife for using company money for beauty treatment

While a company spokesperson confirmed the termination, sources with direct knowledge of the matter said BharatPe has cancelled all the 244 unvested and 56  vested employee stock options (ESOPs)

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Madhuri Grover Jain with BharatPe co-founder and husband Ashneer

Madhuri Grover Jain with BharatPe co-founder and husband Ashneer

BharatPe has sacked its head of controls Madhuri Jain Grover, wife of embattled co-founder Ashneer Grover, for alleged financial irregularities ranging from producing fake invoices to billing the company for personal beauty treatment and trips abroad.

While a company spokesperson confirmed the termination, sources with direct knowledge of the matter said BharatPe has cancelled all the 244 unvested and 56 
vested employee stock options (ESOPs).

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