BharatPe

BharatPe is a New Delhi-based financial technology company that develops payment apps for businesses. It was founded in 2018, and its services are available in more than 225 cities throughout India. The company develops solutions specifically for offline merchants in India and has the stated goal of being a one-stop business utility for those merchants.

The company has developed a financial solution for small businesses in various industries, including retail, restaurants, and beauty. Users can download the app (which uses the same name as the company) from Google Play or App Store. Merchants can then use the QR code from the app to receive payments from their customers from unified payments apps (UPI), such as PhonePe, Google Pay, and PayTM. The app has a dashboard where merchants can see how much capital is available to them from sales. Another feature of the app includes the ability to pay bills, such as electricity and water.

The BharatPe website states that the merchant does not pay any fees to use the app. Merchants can also request a loan through the app without paying any processing fees.

In addition to the growth of the company making the news, there has been a lot of personal conflict within the company. One of the cofounders and former CEO, Ashneer Grover, is being sued by several parties related to the company. The other two cofounders, Bhavik Koladiya and Shashvat Nakrani, are suing Grover because he has yet to pay them for shares in the company that he bought from them.

The BharatPe company itself has also filed a civil suit against Grover and a criminal complaint. Grover is also being sued by several relatives.