BharatPe logo is seen in front of displayed QR code in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/Files
BENGALURU (Reuters) - Indian payments startup BharatPe said on Tuesday its board had recommended several measures, following a corporate governance review, including termination of several employees and vendors and filing criminal cases against them for misconduct.
IPO-hopeful BharatPe, which allows shop owners to make digital payments through QR codes, had initiated a corporate governance review in January hoping to soothe investor worries over a public spat involving personal investments by one of its co-founders.
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