Former BharatPe co-founder and Shark Tank India judge Ashneer Grover once expressed his desire to collaborate with Gensol Engineering founder Anmol Jaggi to challenge ride-hailing giants Ola and Uber , a handwritten note has revealed.
Two years ago, when Grover released his book "Doglapan," he sent Jaggi a personally signed copy with an ambitious message: "To Anmol Jaggi, I get along fabulously with Sardar Jees. Jaspal Bindra ke saath PMC Bank bachaya. Tere saath Ola + Uber ko beat karna hai. Think and do big."
The note highlighted Grover's intention to disrupt the ride-hailing market with Jaggi, who also heads BluSmart , an electric vehicle-based cab service. Jaggi later shared the note on LinkedIn, writing: "Ashneer Grover bhaiya, thanks for the personally signed copy of your book. Super proud to be on your friend list. Getting wisdom from you is key to success."
Jaggi accused of siphoning money into Ashneer Grover’s startup
Jaggi later went on to invest Rs 50 lakh from Gensol's funds in Grover's startup Third Unicorn , purchasing 2,000 shares. According to SEBI's interim order dated April 15, 2025, this investment was part of a broader pattern of suspicious financial transactions involving entities linked to Gensol.
Ashneer Grover distances himself from Anmol Jaggi and BluSmart
As investigations into Gensol's financial dealings continue, Grover has distanced himself from the controversy, declaring himself a victim in a recent tweet: "I am the 'victim' of the current scenario having personally invested ₹1.5 crore in BluSmart and ₹0.25 cr in Matrix. I hope the business company can survive the current fiasco for sake of its stakeholders."
Grover further defended himself, stating: "A private limited company is not liable for the conduct of shareholder or doing diligence / ascertaining their source of funds."
The SEBI order revealed that Jaggi had retained his stake in Third Unicorn as of March 31, 2024. The capital markets regulator is currently investigating Gensol for alleged financial misappropriation and fund diversion, with the investment in Grover's venture forming part of the suspicious transactions under scrutiny.
Two years ago, when Grover released his book "Doglapan," he sent Jaggi a personally signed copy with an ambitious message: "To Anmol Jaggi, I get along fabulously with Sardar Jees. Jaspal Bindra ke saath PMC Bank bachaya. Tere saath Ola + Uber ko beat karna hai. Think and do big."
The note highlighted Grover's intention to disrupt the ride-hailing market with Jaggi, who also heads BluSmart , an electric vehicle-based cab service. Jaggi later shared the note on LinkedIn, writing: "Ashneer Grover bhaiya, thanks for the personally signed copy of your book. Super proud to be on your friend list. Getting wisdom from you is key to success."
Jaggi accused of siphoning money into Ashneer Grover’s startup
Jaggi later went on to invest Rs 50 lakh from Gensol's funds in Grover's startup Third Unicorn , purchasing 2,000 shares. According to SEBI's interim order dated April 15, 2025, this investment was part of a broader pattern of suspicious financial transactions involving entities linked to Gensol.
Ashneer Grover distances himself from Anmol Jaggi and BluSmart
As investigations into Gensol's financial dealings continue, Grover has distanced himself from the controversy, declaring himself a victim in a recent tweet: "I am the 'victim' of the current scenario having personally invested ₹1.5 crore in BluSmart and ₹0.25 cr in Matrix. I hope the business company can survive the current fiasco for sake of its stakeholders."
Grover further defended himself, stating: "A private limited company is not liable for the conduct of shareholder or doing diligence / ascertaining their source of funds."
The SEBI order revealed that Jaggi had retained his stake in Third Unicorn as of March 31, 2024. The capital markets regulator is currently investigating Gensol for alleged financial misappropriation and fund diversion, with the investment in Grover's venture forming part of the suspicious transactions under scrutiny.
You may also like
'It was their plan to announce Yogi as PM': Akhilesh Yadav's claim on BJP's Maha Kumbh strategy
"BJP's octopus legs have captured India": VCK chief Thol Thirumavalan ahead of Tamil Nadu polls
14-year-old boy came to Rajasthan. Not for JEE prep but to play for Rajasthan Royals. How Vaibhav Sooryanvanshi prepared for his IPL dream debut?
'No laws about us without us': UK trans protest
'Throw my ashes in drain': In Atul Subhash-like video, UP techie accuses wife of harassment, dies by suicide
