The founders and other stakeholders reportedly agreed to minimise Koladiya’s public involvement with the firm.
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BharatPe fiercely protects the data of its customers and observes high-security standards…OTPless is our service provider that only enables verification via WhatsApp and is used by less than 10 per cent of our merchant base and we are fully compliant on all our data privacy obligations with our customers and partners,” BharatPe’s official spokesperson said.įollowing this, Grover became the face of the brand BharatPe, while Koladiya remained the tech backbone of BharatPe and was a ‘consultant’. “This allegation is malicious and completely baseless. He started OTPLess, a platform that allows users to sign in to any website using WhatsApp, along with Tanmay Sagar and Satyam Nathani.īharatPe in its response to the allegations said that the customers’ data are protected and it observes high-security standards. Koladiya resigned from his position at BharatPe in August 2022. “This is a serious breach of privacy of UPI users and should be punishable under law,” Grover wrote. Grover has requested NPCI to conduct a forensic audit of OTPLess servers and BharatPe architecture/servers to look into the matter. “Whistleblowers are being silenced (hushed up) by the current management under Chairman Mr. Grover said that whistleblowers within BharatPe brought this data theft development to his attention. He also hired the core team he worked at BharatPe at OTPLess over time,” Grover wrote in the email. He then transferred all the privileged and confidential data of BharatPe to this company OTPLess. “Bhavik did a very systematic fraud, where he formed another company in the name of his wife Dharti Koladiya by the name of ‘Otpless Solutions Private Limited’ in 2021, while he still was at BharatPe. Grover added that Koladiya floated another company, OTPLess in the name of his wife, and transferred all the privileged and confidential data of BharatPe. Grover are completely without merit,” he added. However, in this particular case, there is no cause for concern as the claims made by Mr.
“I take the privacy and security of our users very seriously and I do not take these allegations lightly. The allegations are nothing but an act of retaliation and frustration on his part, resulting from his removal from BharatPe and my ongoing legal suit against him in Delhi High Court,” Koladiya was quoted in Moneycontrol’s report. "I strongly deny the baseless and false allegations made against me by Ashneer Grover.
Denying the allegations, Koladiya said that Grover is retaliating after his removal from BharatPe.
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