As per sources Ashneer Grover have formed a new company with his wife Madhuri Jain. The new company is called Third Unicorn Private Limited in the aftermath of the BharatPe Disaster.
While celebrating his birthday Grover on 14 June Grover tweeted, “Today is my 40th birthday. Some will argue that I’ve lived a complete life and seen more things than most. Value was created for future generations. It’s time to shake up another industry. The Third Unicorn has arrived.”
Ashneer and his wife Madhuri Jain were previously Head of controls at BharatPe. As per sources Ashneer and Madhuri are both directors of them firm founded on July 6. The firm has a total authorise share capital of Rs 20 Lakh and a total paid up capital of Rs 10 Lakh. Ashneer was previously co-founder and MD of BharatPe. It was a fintech company he helped develop from the ground up. It was until his abrupt departure due to charges of financial irregularities. In August last year BharatPe became a member of the unicorn club.
Ashneer and his wife claimed that thier dismissal from BharatPe was unjustified. They blamed CEO Suhail Sameer and Chairman Rajnish Kumar. Grover was formerly affiliated with Grofers yet another unicorn. He was the Chief Financial Officer at Grofers until August 2017.