Ashneer no longer a founder, his family engaged in misappropriation of funds: BharatPe

A day after BharatPe Co-founder Ashneer Grover resigned as MD, BharatPe said in a statement on Wednesday that he is "no longer an employee, a founder, or a director of the company". BharatPe also alleged that Ashneer's "family and their relatives engaged in extensive misappropriation of company funds" and board reserves the right to take further legal action against him.