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<keyword id="19895875" type="General" weightage="20" keywordseo="Delhi-High-Court" source="keywords" meta.keywordsubtype="org" meta.entityname="Delhi High Court" meta.hostid="261" meta.entityid="Delhi High Court">Delhi High Court</keyword> on Thursday, has appointed a sole <keyword id="20233811" type="General" weightage="20" keywordseo="arbitrator" source="keywords">arbitrator</keyword> to address the conflicts between <keyword id="19956322" type="General" weightage="20" keywordseo="BharatPe" source="keywords" meta.keywordsubtype="org" meta.entityname="BharatPe" meta.hostid="261" meta.entityid="BharatPe">BharatPe</keyword> and its former MD <keyword id="20115473" type="General" weightage="100" keywordseo="Ashneer-Grover" source="keywords">Ashneer Grover</keyword>. The disputes center around allegations that Grover breached confidentiality terms outlined in his <keyword id="20424040" type="General" weightage="20" keywordseo="employment-agreement" source="keywords">employment agreement</keyword> with the fintech firm. Justice C. Hari Shankar of the Delhi High Court has ordered the appointment of a sole arbitrator to resolve disputes between Ashneer Grover and BharatPe. BharatPe's plea under a relevant section of the Arbitration and Conciliation Act sought to resolve issues stemming from Grover's alleged breach of confidentiality by disclosing sensitive company information on social media. BharatPe proposed former <keyword id="19895345" type="General" weightage="20" keywordseo="Supreme-Court" source="keywords" meta.keywordsubtype="org" meta.entityname="Supreme Court" meta.hostid="261" meta.entityid="Supreme Court">Supreme Court</keyword> Justice Hemant Gupta as the arbitrator, but Grover suggested Justice (Retired) J.R. Midha instead. Grover's advocate, Giriraj Subramanium, did not oppose arbitration, but proposed that the matter be handled by the Singapore International Arbitration Centre (SIAC), given its ongoing involvement with related disputes over the shareholders' agreement. BharatPe's advocate, Anuj Berry, contested this, asserting that the employment agreement specifies arbitration under the Delhi International Arbitration Centre (DIAC), which the Court upheld. Additionally, BharatPe had previously sought a restraining order to prevent Grover from publicly disclosing company details. The Delhi High Court had previously imposed a penalty of Rs. 2 lakh on Ashneer Grover for breaching a court order by posting derogatory content about BharatPe on social media. Justice Rekha Palli, expressing disapproval of Grover's repeated violations, mandated that he pay the costs to the Delhi High Court Clerk Association. Grover issued an unconditional apology, which the court accepted, contingent upon the payment of the imposed costs.

Delhi HC appoints arbitrator to address conflict between Ashneer Grover and BharatPe

<keyword id="20115473" type="General" weightage="20" keywordseo="Ashneer-Grover" source="keywords">Ashneer Grover</keyword>, known for his blunt persona on the Indian edition of Shark Tank, has once again found himself embroiled in a controversy, this time involving a popular comedy roast. The co-founder and former managing director of <keyword id="19956322" type="General" weightage="20" keywordseo="BharatPe" source="keywords" meta.keywordsubtype="org" meta.entityname="BharatPe" meta.hostid="261" meta.entityid="BharatPe">BharatPe</keyword>, Grover is no stranger to the limelight, but his latest escapade has stirred considerable buzz of the negative kind on social media. Grover recently featured on "<keyword id="21736600" type="General" weightage="20" keywordseo="Pretty-Good-Roast" source="keywords">Pretty Good Roast</keyword>," a show hosted by comedian <keyword id="21736601" type="General" weightage="20" keywordseo="Aashish-Solanki" source="keywords">Aashish Solanki</keyword>. During the episode, Solanki made light of Grover's tumultuous exit from BharatPe — a topic that has been a hot-button issue ever since Grover and his wife were ousted from the fintech startup in 2022 amid allegations of financial impropriety. The roast, which included jabs at Grover’s departure from his own company, quickly became a viral sensation. However, the humour did not sit well with Grover. He reportedly demanded the removal of the segments featuring these jokes and subsequently sent Solanki a <keyword id="20476156" type="General" weightage="20" keywordseo="legal-notice" source="keywords">legal notice</keyword> to take down the entire episode. Solanki complied, announcing on Instagram: "Friends, I have removed the Ep 5 of Pretty Good Roast. I don't have money to fight the legal battle. I had spent all of it on the show," he stated, highlighting the financial strain legal actions can impose on independent creators. Solanki also expressed his disappointment, noting, "The response on previous episodes led us to believe our audience were ready for roast humour. However, it seems that some, especially those in power, are not quite there yet." This incident has triggered a wave of backlash against Grover, with many accusing him of "<keyword id="20415529" type="General" weightage="20" keywordseo="doglapan" source="keywords">doglapan</keyword>" (duplicity). The term gained popularity during Grover’s stint on <keyword id="19913228" type="General" weightage="20" keywordseo="shark-tank-india" source="keywords">Shark Tank India</keyword> and even became the title of his book, "Doglapan: The Hard Truth about Life and Start-Ups." Social media users were quick to point out the irony of Grover, who once prided himself on his no-holds-barred attitude, now seeking to censor comedic content. <div type="twitter" handle="samratsingh23" handlename="samratsingh23" favoritecount="0" retweetcount="0" id="1792498229701161312"></div> <div type="twitter" handle="memes_hallabol" handlename="memes_hallabol" favoritecount="0" retweetcount="0" id="1792750542655295852"></div> The controversy draws attention to Grover's complex public persona. After his high-profile exit from BharatPe, Grover pivoted to content creation, leveraging his fame to build a substantial following on platforms like Instagram, YouTube, and various podcasts. He has even claimed that he has made more money through content creation than during his tenure at BharatPe. Despite his success as a content creator, Grover’s latest actions have sparked a debate about the boundaries of humour and criticism, especially concerning public figures. The legal threat against Solanki underscores the precarious balance comedians must navigate when their satire targets influential individuals. As the dust settles, one thing is clear: Ashneer Grover remains a polarising figure. His journey from a controversial entrepreneur to a content creator and now to a central figure in a comedy roast controversy reflects the multifaceted and often contentious nature of public life.

Roasted shark? Ashneer Grover faces backlash over legal tussle with comedian Aashish Solanki

Ashneer Grover clarifies his Shark Tank investment details in 11 companies

<keyword id="6359298" type="General" weightage="20" keywordseo="indore" source="Orion">Indore</keyword>, Amid a row over his comments on Indore's top rank in the Centre's cleanliness survey, BharatPe's co-founder <keyword id="2988161" type="General" weightage="20" keywordseo="Ashneer-Grover" source="Orion">Ashneer Grover</keyword> has said while he will say sorry to the city, he will not apologise to the politicians. A non-cognisable offence information report (NCR) was registered on Monday against Grover after a video showed him commenting on Indore's top rank in the Centre's cleanliness survey and purportedly claiming it had been "bought". Following the development, Grover shared the video of his controversial statement in a post on his X. "Sorry to Indore. You've got great people and a city. But politicians everywhere have got no chill! Unnecessary politics being made out of a statement made in jest in a playful conversation on Bhopal vs Indore. Where the audience had fun - no offence was meant. None taken by anyone. No one getting offended now was even present in the room," he said in the post late on Monday night. He further said, "Not sorry to any politician. Ever. No one. Any party. FIR kar lo (register an FIR). Case kar lo (register a case). Koi farak nahi padta (it doesn't make any difference) - I am not a pushover - won't be bullied. Don't make an issue where there is none. It might be an election year - but people are smart. Indori people - super smart. I'll come to Indore when I wish, as many times I wish - and am confident of Indori mehmaan nawazi (good hospitality)." On Bhopal vs Indore, his favourite remains Bhopal, Grover wrote, adding that it would be dishonest of him to put Bhopal lower when he feels it is not only Madhya Pradesh's best city but also India's. Indore city of Madhya Pradesh has remained on top in the Centre's Swachh Sarvekshan for six consecutive years. Addressing an event here on Sunday, Grover is heard in the video saying, "See, there is a concept - playing to the gallery, that is, wherever you go, praise it saying I have never seen such a nice city. Now the problem with me is that for three-four years I have heard that Indore is the cleanest city...you have bought the survey. It's a simple thing." Grover, however, immediately clarified that he was not saying there was filth in Indore, and that he meant several construction works are going on in the city. An NCR was registered against Grover under the Indian Penal Code (IPC) sections 499 (defamation) and section 500 (punishment for defamation) on the complaint received from the Indore Municipal Corporation, Lasudia police station in-charge Taresh Kumar Soni had said on Monday. After an NCR is registered, if the complainant wishes, he can file a case in court at his personal level, he explained. Indore's Mayor Pushyamitra Bhargava said, "I have seen Grover's video. His statement is an insult to the hard work of the city's people and sanitation workers for cleanliness. We will take appropriate legal action against this insult and also serve him a notice for defamation." State Home Minister Narottam Mishra, who is in-charge of Indore district, also criticised Grover's statement and said, "Those who have garbage in their mind will only see filth." Indore Municipal Corporation chief sanitary inspector Sanjay Ghavri, on whose complaint the NCR was lodged, told PTI that Grover's controversial statement had insulted the people of the city. "This statement has hurt thousands of sanitation workers of the city who are engaged in cleanliness work from early morning till late night," Ghavri said.

Sorry to Indore, won't apologise to politicians, says BharatPe co-founder Ashneer Grover on row over his comment on cleanliness tag

<keyword id="637412" type="General" weightage="20" keywordseo="infosys-founder" source="Orion">Infosys founder</keyword> <keyword id="6355623" type="General" weightage="20" keywordseo="narayana-murthy" source="Orion">Narayana Murthy</keyword>'s advice to youngsters in India, urging them to work 70 hours a week, has sparked sharp reactions from founders and leaders who said that while extended working hours can boost productivity, a balanced approach is equally necessary. During a podcast, Murthy had said that if India wants to compete with developed economies that have made remarkable progress in recent decades, youngsters should work for 70 hours a week. Reacting to Murthy's comment, <keyword id="1353462" type="General" weightage="50" keywordseo="abhishek-desai" source="Orion">Abhishek Desai</keyword>, founder of CricHeroes, told that while extended working hours can boost productivity in certain contexts, "it's equally vital to focus on work-life balance, employee well-being, and harnessing technology to enhance efficiency". "The success of countries like Japan and Germany is undoubtedly commendable, but we must also acknowledge that their work culture may not be entirely replicable in the Indian context," Desai added. Former BharatPe Co-founder <keyword id="2988161" type="General" weightage="50" keywordseo="ashneer-grover" source="Orion">Ashneer Grover</keyword> said that the public got offended at Murthy's comment as the measure of work done still gets notified based on hours spent rather than the outcome. "I think junta (public) got offended here because work is still being measured in 'hours' rather than 'outcome'. The other thing is people feeling as if youngster's laziness is the only thing keeping India from becoming developed," he posted on X on Friday. Ola CEO <keyword id="1543567" type="General" weightage="50" keywordseo="bhavish-aggarwal" source="Orion">Bhavish Aggarwal</keyword>, however, agreed with Murthy's view. "Totally agree with Murthy's views. It's not our moment to work less and entertain ourselves. Rather it's our moment to go all in and build in 1 generation what other countries have built over many generations," he posted on X. According to Shrijay Sheth, founder of Legalwiz.in, working long hours does not necessarily translate into better work, bigger outcomes and higher returns for the company. "Primarily, it is about enhanced productivity and achieving the organisational goals. Especially for workforces in the Indian context, longer working hours may result in lower efficiency and, thus, impede the realisation of business objectives," he added.

Murthy's 70-hr-a-week work call to youth trigger sharp reactions from founders

<ul><li>Low ticket size and low margin can never be solved through forced low delivery cost, said <keyword id="2988161" type="General" weightage="20" keywordseo="ashneer-grover" source="Orion">Ashneer Grover</keyword> on 10-minute grocery delivery. </li><li>Hari Menon, the CEO of BigBasket said that consumers never wanted quick delivery, and that it was thrust on them. </li><li>Legacy e-commerce companies who have not generated significant net profit have no authority to make remarks on quick commerce, said Aadit Palicha, the co-founder of Zepto. </li></ul>A war of words has been raging between the heads of quick commerce companies and their non-quick counterparts in the last few weeks. Entrepreneur and startup investor Ashneer Grover too joined in the conversation — insisting that 10-minute quick commerce delivery has no economics. He was commenting on the Blinkit (by Zomato) delivery personnel strike. “Low ticket size and low margin can never be solved through forced low delivery cost,” Grover tweeted summarising Zomato’s Blinkit journey in three steps — 90 Min (bull run) —&gt; Next day (bear run) —&gt; 10 Min (bull run) —&gt; ?? Quick commerce sector has players like Zepto, Reliance-backed Dunzo, Zomato’s Blinkit and Swiggy’s Instamart. While most of them provide 10-minute deliveries, others too offer lightning-fast deliveries of a wide range of groceries — catching the imagination of consumers. However, quick commerce has had its set of detractors, and recently Hari Menon, the chief executive officer (CEO) of BigBasket stirred up the controversy with his comments against quick commerce. While BigBasket has its quick commerce avatar called BigBasketNow, it delivers its groceries in 30 minutes. ‘Qcommerce was thrust on customers’ Grover’s negative opinion on the economics of quick commerce delivery has another backer. Last week at the Sharrp Summit, Menon said that consumers never wanted quick delivery, and that it was thrust on them. A sensible business case involves 15-30 minutes to make a delivery, he added. “Quick commerce has certain dynamics required for unit economics to work, which means you need a high density of orders, it will be cut off at some point. The Bigbasket model will scale, but quick commerce without density doesn't work,” <a href="https://www.cnbctv18.com/business/companies/consumers-never-wanted-10-minute-delivery-says-bigbaskets-co-founder-16394831.htm">Menon said</a>. Menon’s comments had irked Aadit Palicha, the co-founder of Zepto and a Stanford dropout, who started the business during the pandemic when he was 19 years old. He hit back at Menon at the very summit saying that legacy e-commerce companies who have not generated significant net profit have no authority to make remarks on quick commerce’s sustainability. Palicha, who is preparing to take the company public in the next two years,<a href="https://www.businessinsider.in/business/corporates/news/zepto-preps-for-public-listing-in-2-years-brings-in-ramesh-bafna-as-cfo-to-lead-ipo-process/articleshow/99514143.cms"> had told Business Insider India</a> in a recent interview that a large part of his ‘dark stores’ are profitable, and the financial metrics of the company are very strong. Indians take to quick commerce According to Redseer, Indian consumers are taking to quick commerce, and the adoption is much better than in other countries. India has a quick commerce penetration of 13% versus 7% in China and 3% in EU, respectively. The current market size of quick commerce in India is $5.5 billion – and as of now caters to only 1% of the total domestic grocery market. Redseer also says that the total addressable market (TAM) of quick commerce is at $45 billion. “Emerging as one of the fastest growing e-commerce models, quick commerce is fundamentally changing consumer purchase behaviour and the grocery retail market on the whole by providing faster delivery options (in as little as ten minutes) as well as a more convenience-driven shopping experience,” said the Redseer report. Quick commerce players who have set up dark stores that aid quick deliveries, cater to the mid to upper middle-class consumers, and also offer an eclectic mix of products —- in order to stay ahead of the competition from local kiranas. As of now however, around 70% of all quick commerce purchases are top-up orders. Many platforms have informed that milk, eggs and more are the most searched and purchased items for fast deliveries. Stockup purchases like staples and packaged foods are either purchased offline or through online e-commerce. Apart from the time and the economics, the war of words around e-commerce is about average order value (AOV). Many players are trying to push for it by offering free delivery for larger sized orders. A few services like Instamart charge different delivery prices for faster delivery of services. Moreover, the funding winter which has been taking the wind off the sails for most startups has also had its effect on quick commerce players. Moreover, grocery delivery – fast or otherwise – itself is becoming a tougher business to be in. JioMart Express, which offers 90-minute deliveries, has recently shut this service. At the same time last year, fast delivery service Ola Dash folded up. This, however, can be a blessing in disguise, say analysts. “Competitive intensity has slowed down in quick commerce, which gives incumbents room to build scale moats; and the expectation that the life cycle value of the incremental transacting user in quick commerce could be significantly better than in food delivery at the current stage,” says a recent report by JM Financial. When the dust settles on the war of words around quick commerce, it will be incumbent on the existing players to prove their detractors wrong by delivering profitable businesses. SEE ALSO <a href="https://www.businessinsider.in/business/news/samosas-versus-burgers-the-great-indian-dilemma/articleshow/99488590.cms">Samosas versus burgers: The Great Indian Dilemma</a> <a href="https://www.businessinsider.in/thelife/personalities/keshub-mahindra-the-man-who-played-in-a-role-in-building-indias-auto-industry/articleshow/99425922.cms">Keshub Mahindra: The man who thought impossible is possible</a>

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Delhi HC appoints arbitrator to address conflict between Ashneer Grover and BharatPe

ANI

Roasted shark? Ashneer Grover faces backlash over legal tussle with comedian Aashish Solanki

Ashmita Gupta

Ashneer Grover clarifies his Shark Tank investment details in 11 companies

Sourabh Jain

Sorry to Indore, won't apologise to politicians, says BharatPe co-founder Ashneer Grover on row over his comment on cleanliness tag

PTI

Murthy's 70-hr-a-week work call to youth trigger sharp reactions from founders

IANS

The Big Fight: Ashneer Grover wades into controversy around 10-minute delivery

Katya Naidu

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