Bhavik Koladiya is an Indian businessman, co-founder and group head of product and technology at online currency trading application BharatPe. Koladiya is an angel investor in many well-known Indian IT companies such as Pristyn Care, Digifin, and LenDenClub. Barwick came into the spotlight in early 2022 when Ashneer Grover, another co-founder of BharatPe, leveled misconduct allegations against him. In March 2022, Ashneer Grover resigned as managing director of BharatPe when the board accused Ashneer Grover and her family of illegally withdrawing company funds for their lavish lifestyle. In March 2022, Ashneer and Bhavik Koladiya made headlines for their fight over shares in BharatPe.
Wiki/Biography
Bhavik Koladiya completed his college studies from the Indian Institute of Technology, Delhi.
appearance
Height (approximately): 5′6″
Hair color: black
Eye color: black
family
Parents and siblings
There is not much information about his parents and siblings.
wife and children
He is married.
Barvik Corradia and his wife
Profession
angel investor
Soon after completing college, Bhavik Koladiya started investing as an angel investor in various startups such as Walrus, Vested Finance, CityMall, Vahan Inc., Flatheads, Digifin, ProtectPay and LenDenClub.
dispute
- Bhavik Koladiya co-founded Indian online payments app BharatPe in New Delhi in August 2017. Bhavik and Shashvat Mansukhbhai Nakrani founded a company called Resilient Innovations in 2018. One of the co-founders of BaharatPe Ashneer Grover is on leave from January 19, 2022 to March 2022. During this period, an internal audit and governance review of the company was conducted and members of the BharatPe board disclosed that there had been fraudulent use of company funds. The notice was sent to Ashneer Grover, who resigned from the company immediately. In his reply to the notice, he said the board should let him run BharatPe as he wished or they could buy his stake in the company for rupees. 40 billion rupees. Ashneer Grover demanded the resignation of BharatPe CEO Suhail Sameer over the issue, and Suhail received support from BharatPe co-founder and director Shashvat Nakrani. On February 23, 2022, Bhavik Koladiya and Board Chairman Rajnish Kumar were charged with misconduct and telephonic misconduct by Ashneer Grover. Ashneer Grover accused Barwick of using profanity. A few days later, Ashnir and Barvik Koladia made headlines over their battle over shares in BharatPe. Madhuri Jain Grover, wife of Ashneer Grover, accused senior members of BharatPe of inappropriate behavior. Ashneer Grover remained the company’s single largest shareholder as of March 1, 2022, shortly after resigning from all positions in BharatPe.
Bhavik Koladiya and other members of BharatPe
- According to media sources, Barvik Coradia was involved in a credit card fraud case in the United States in 2015 and was detained by the US police. The case was sentenced by U.S. District Judge Mark Honak. Bhavik Koladiya, who used the pseudonym “Bob Patel” from Monroeville, Pennsylvania, worked as an operator for Atwood Xpress in Oakland. He stole the identities of Bank of America, Chase, and Discover card customers and opened fake bank accounts in their names so that he could use the fake credit cards to purchase diamonds and other valuable goods. The charges against Bhavik Koladiya were filed in 2015 by the U.S. Department of Justice.
Facts/Trivia
- His full name is Bhavikkumar H. Koladiya.
- His name is also Bob Patel.
Categories: Biography
Source: HIS Education