Bhavik Koladia is an Indian businessman who is the co-founder and group head of product and technology space of BharatPe, an online money transaction application. Bhavik Koladia is an angel investor in various renowned Indian IT companies such as Pristine Care, Digifin and LendenClub. He came into the limelight of Indian media in early 2022 when other co-founders of BharatPe Ashneer Grover Accused Bhavik of misconduct. In March 2022, Ashneer Grover resigned as the MD of BharatPe after the board accused Ashneer and his family members of illegally diverting company funds for his lavish lifestyle. In March 2022, Ashneer and Bhavik Koladia were in the limelight for fighting for their stake in BharatPe.
Bhavik Koladia completed his college education from Indian Institute of Technology, Delhi.
Height (approx.): 5′ 6″
Hair Color: Black
Eye Colour: Black
parents and siblings
Not much is known about his parents and siblings.
wife and children
She is married.
Soon after finishing his college studies, Bhavik Koladia started investing in various startups, such as Walrus. As an angel investor.
dispute on india
Bhavik Koladia co-founded BharatPe, an Indian online payment application, in New Delhi in August 2017. Bhavik and Shashwat Mansukhbhai Nakrani started another company named Resilient Innovations in 2018 which later runs on Bharatpe.
Ashneer Grover, one of the co-founders of BharatPe, went on leave from January 19, 2022 to March 2022. In the meantime, an internal audit and governance review of the company was conducted by the board members of BharatPe, in which it was revealed that there was fraud in the use of company funds. The notice was sent to Ashneer Grover, who immediately resigned from the company. He said in response to the notice that the board should let him operate BharatPe according to him or he can buy his share in the company for Rs. 4000 crores. Ashneer Grover The issue demanded the resignation of BharatPe CEO Suhail Sameer, Suhail was supported by Shashwat Nakrani, who is the co-founder and director of BharatPe. Bhavik Koladia and Board Chairman Rajnish Kumar were accused of misbehavior and misbehavior by Ashneer Grover over phone on 23 February 2022. Ashneer Grover accused Bahvik of using abusive language. A few days later, Ashneer and Bhavik Koladia were in the news for their stake in BharatPe. Madhuri Jain GroverAshner Grover’s wife accuses senior members of BharatPe of inappropriate conduct. Ashneer Grover remained the largest shareholder of the company as of March 1, 2022, soon after resigning from all positions in BharatPe.
Facts / Trivia
- His full name is Bhavikkumar H. Koladia.
- He is also known as Bob Patel.
- According to a media source, Bhavik Koladia was involved in credit card fraud in the US in 2015 and was detained by the US police for the same. His case was decided by US District Judge Mark Hornk. Bhavik Koladia used the alias “Bob Patel” of Monroeville, Pennsylvania, and worked as an operator at the “Atwood Express” company in Oakland. He stole the identities of US Bank, Chase Bank, Discover Card customers to open fake bank accounts in their names so that they could buy diamonds and other valuable merchandise with fake credit cards. These allegations against Bhavik Koladia were made by the US Department of Justice in 2015.