New Delhi, Dec 24 (Ians) Former BharatPe co-founder and managing director Ashneer Grover has hit out hard at Co-founders Shashvat Mansukhbhai Nakrani and Bhavik Koladiya in his book ‘Doglapan’, saying it was most painful for him to discover that Koladiya was “among the traitors”.
Koladiya this year moved on from the fintech company to pursue other assignments.
“I was the only person who believed him and led him to attain redemption after his unsuccessful start in the US. I had allowed him to do a secondary of Rs 4 crore within months of starting BharatPe, when the company had raised only Rs 1.9 crore,” Grover wrote in his book.
“Bhavik stayed in my fully furnished house in Malviya Nagar for two years without paying a single penny of rent. Madhuri gave his wife crores as loans for her to start her business. Did he start feeling left out after BharatPe became big? Or...
Koladiya this year moved on from the fintech company to pursue other assignments.
“I was the only person who believed him and led him to attain redemption after his unsuccessful start in the US. I had allowed him to do a secondary of Rs 4 crore within months of starting BharatPe, when the company had raised only Rs 1.9 crore,” Grover wrote in his book.
“Bhavik stayed in my fully furnished house in Malviya Nagar for two years without paying a single penny of rent. Madhuri gave his wife crores as loans for her to start her business. Did he start feeling left out after BharatPe became big? Or...
- 12/24/2022
- by Glamsham Bureau
- GlamSham
New Delhi, Feb 4 (Ians) Gurugram-based online travel aggregator ixigo on Thursday said it is acquiring Bengaluru based online train discovery and booking platform Confirmtkt for an undisclosed amount across a mix of cash and ixigo stock.
The founders of ixigo will join the Confirmtkt board and existing investors of Confirmtkt, including Venture Catalysts, will be exiting the company fully as a part of the deal.
The two companies will continue to run independently, post this acquisition, ixigo said.
Both ixigo and Confirmtkt are official Irctc B2C (business-to-customer) ticketing partners for online train reservations in India.
This deal will help the group to consolidate its presence in tier 2/3/4 markets.
"By leveraging our combined user base, resources, and tech expertise we will be able to enhance the experience of millions of train travellers in India every day," Aloke Bajpai and Rajnish Kumar, Co-Founders, ixigo said in a joint statement.
"The combined...
The founders of ixigo will join the Confirmtkt board and existing investors of Confirmtkt, including Venture Catalysts, will be exiting the company fully as a part of the deal.
The two companies will continue to run independently, post this acquisition, ixigo said.
Both ixigo and Confirmtkt are official Irctc B2C (business-to-customer) ticketing partners for online train reservations in India.
This deal will help the group to consolidate its presence in tier 2/3/4 markets.
"By leveraging our combined user base, resources, and tech expertise we will be able to enhance the experience of millions of train travellers in India every day," Aloke Bajpai and Rajnish Kumar, Co-Founders, ixigo said in a joint statement.
"The combined...
- 2/4/2021
- by IANS
- GlamSham
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