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bharatpe funding: BharatPe to raise Rs 500 crore debt over the next year; makes new board appointments

New Delhi-based fintech startup BharatPe is looking to raise Rs 500 crore of debt through unlisted non-convertible debentures (NCDs), multiple people aware of the discussions told ET.A decision on the issue price is yet to be made but the funds will be raised over multiple tranches through the next year, the people said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM KozhikodeIIMK Advanced Data Science…

Ashneer grover salary: BharatPe paid Rs 1.69 crore salary to Ashneer Grover in FY22, Rs 63 lakh to his wife

Fintech platform BharatPe paid a salary of Rs 1.69 crore to its Co-founder and managing director Ashneer Grover in FY22, while his wife Madhuri Jain Grover who was former head of controls at the company took home Rs 63 lakhs.Currently, the company is involved in a legal battle with Ashneer, after suing him and his family for allegedly siphoning off company funds worth Rs 88.6 crore.According to its financial statement filed with the Registrar of Company (RoC), its former CEO Suhail Sameer took home Rs 2.1 crore in…