rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Why startups can result in a corporate governance crisis
    sub title: the case of BharatPe, a unicorn fintech startup in India
  name:
    name part: Gupta, Parul
    role:
      role term: creator
    role:
      role term: author.
  type of resource: text
  genre: Electronic books.
  origin info:
    place:
      place term: enk
    date issued: 2024
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource : illustrations.
  abstract: BharatPe is an Indian unicorn fintech startup company, which reached a valuation of US$1 billion without being listed on the stock market. It appeared in the headlines of national newspapers when the corporate governance crisis of the company surfaced. At the time of its inception, the startup was fully funded by its cofounders. However, in <4 years it became a venture capitalist-funded startup with <20% stakes owned by its cofounders. The rift between the venture capitalist-dominated board and Ashneer Grover, cofounder and managing director of BharatPe, became public when the board charged Grover with misgovernance and misappropriation of company funds. The board instituted an independent internal inquiry against him. Grover, although he resigned from his position, denied all allegations against him. Now one of the most celebrated fintech startups in India, with more >8 million merchant-clients, was under the scrutiny of regulators and stakeholders for corporate governance lapses. This case will help the faculty instructors to explain unique aspects of startup governance. Students will be asked to identify various corporate governance challenges faced by venture capitalist-backed startup firms and the root cause of conflict between investors and founder shareholders.
  target audience: specialized
  note: Parul Gupta.
  subject:
    geographic code: a-ii---
  subject:
    topic: Corporate governance
    geographic: India
    genre: Case studies
  subject:
    topic: New business enterprises
    geographic: India
    genre: Case studies
  subject:
    topic: Gouvernement d'entreprise
    geographic: Inde
    genre: Études de cas
  subject:
    topic: Nouvelles entreprises
    geographic: Inde
    genre: Études de cas
  classification: HD2741 .G87 2024
  classification: 658.4
  related item:
    title info:
      title: SAGE Business cases
  identifier: 9781071924082
  identifier: 1071924087
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: SGPBL
    record creation date: 231221
    record change date: 20240923171918.4
    record identifier: in00005498510
    language of cataloging:
      language term: eng