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Ashneer Grover and wife stopped at Delhi airport en route to New York

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BharatPe co-founder Ashneer Grover and his wife Madhuri Jain were stopped at Indira Gandhi International Airport due to an Economic Offence Wing (EOW) lookout circular.

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The EOW lodged an FIR against the couple in June, alleging misappropriation of funds and causing losses of approximately Rs 81 crore to Resilient Innovations Private Limited (BharatPe).

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The couple was sent back and scheduled to join EOW for investigation next week.

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It was found that the Grover family generated backdated invoices for extracting money from BharatPe.

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Madhuri Jain allegedly approved payments of Rs 7.6 crore for unproductive HR firms with connections to the family.

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BharatPe sought over Rs 88 crore in damages for fund misappropriation and also alleged Grover's insignificant contribution to the company.