BharatPe Faces Backlash as Ashneer Grover Demands Transparency on Social Media

BharatPe is a fintech company that allows merchants to accept digital payments from consumers through a UPI QR code. Grover co-founded BharatPe but was ousted along with his wife after a clash with the company's board of directors. Since then, Grover has been criticizing the company's management and business practices on social media. In one such post, Grover criticized BharatPe's decision to limit or switch off comments on its social media profile. He claimed that this move is affecting the investors' ability to get feedback from customers. BharatPe has disabled comments on LinkedIn, on selected tweets, and limited comments on Instagram.

Grover's criticism of BharatPe's social media policy comes after he has been accused of fraud by the company. The Economic Offences Wing filed an FIR against Grover and his family members for allegedly committing an Rs 81 crore fraud. The company has accused Grover of running a malicious campaign against the company, its board, and employees. The FIR could result in serious criminal charges and up to 10 years of jail time for the accused.

Many netizens are surprised by BharatPe's decision to switch off social media comments for over a year. They believe that it is essential to ensure transparency and address customer concerns. Open dialogue can lead to valuable insights and help build trust. Investors and customers should have a platform to voice their opinions and share their experiences. They hope that BharatPe will reconsider and reopen their comments section to foster a more inclusive and accountable environment.