Ashneer bought Porsche, told staff he spent $130K on dining table: Report

New Delhi: Ashneer Grover, who quit fintech platform ‘BharatPe’ that he co-founded amid serious allegations of financial wrongdoings against him and his wife Madhuri Jain Grover, allegedly “purchased a Porsche” when he was at BharatPe and “told multiple people at the company that he spent $130,000 on a dining table”, media report said.
According to Bloomberg, office frugality clashed with the couple’s apparently glitzy lifestyle, rubbing some employees the wrong way.
Grover and his wife upgraded their modest home for a rented penthouse and renovated another luxury property.
He also purchased a Porsche and told multiple people at the company that he spent $130,000 on a dining table, the report said citing employees.
As the startup expanded, the company’s staff said Grover pushed them relentlessly.
The sales team met lofty targets by foisting loans on merchants who did not want credit, the employees said.