VegEase has a sustainable and scalable model with AI-driven demand management and efficient supply chain ensure high-quality, fresh produce delivered promptly. VegEase understood the increasing interest in high quality fresh fruits and vegetables that could be sold directly to the customers. So, VegEase was started with a goal of providing fresh vegetables & fruits to every household easily without using middlemen. The idea behind VegEase was simple, yet powerful: to ensure that every household has easy access to fresh produce.

VegEase is presently operating with 16 dark stores, 1 warehouse and 1 procurement center in Delhi NCR and an army of over 200 dedicated members.

VegEase addresses significant challenges in India’s traditional markets, such as lack of transparency, inefficient distribution, inconsistent quality, unfair pricing, and limited product variety. By offering a solution that ensures quality assurance, supply chain efficiency, eco-friendly procurement, and advanced technology integration, VegEase is poised to transform how consumers purchase fresh produce.

VegEase is also in the process of doing backward integration with farmers and farmland with the help of home grown inhouse technology team. From procurement to delivery – total TAT is less than 15 hours.

For us, customer experience and a qualitative addition to the stressful life of today is most significant. We are committed fully to giving consumers a value-added proposition that ensures quality and efficiency. We are delighted to cater to people in Delhi/NCR and are looking forward to empowering consumers across the length and breadth of the country

The following factors give VegEase a competitive edge over other players in this segment:

• In-House Technology Development: Seamless user experience through AI-driven demand management and advanced inventory tracking.

• Continuous Innovation: Agile adaptation to market trends and consumer needs.
• Data-Driven Marketing: Personalized engagement and loyalty incentives.
• Efficient and Sustainable Supply Chain: Direct sourcing from farmers, minimizing waste and costs.
• Backward Integration: Cultivating crops at own farm (Leased) resulting in higher margins and better quality of products.
• Competitive Prices: The prices of the products are 20% to 70% cheaper than nearest competitors giving the company flexibility to increase margins as and when chosen.
• Professionally Managed: Professionally managed company ably guided by highly experienced and innovative Promotors.

Discover how VegEase has achieved operational profitability in the fruits and vegetables segment. Read the full story here: VegEase – turns profitable in the Fruits and Vegetables segment.

The post VegEase: Revolutionizing Farm-Fresh Consumption appeared first on Bharat Details.

Ashneer Grover stated in his letter of resignation to the board: “I’m writing this with a heavy heart since I’m being forced to leave a firm that I founded today. With my head held high, I declare that this company is now a leader in the fintech industry. Unfortunately, since the beginning of 2022, I’ve been the target of a few individuals who are willing to hurt not only me and my reputation, but also the company’s reputation, which they claim to be protecting.”

The news comes days after Moneycontrol revealed that the Singapore International Arbitration Centre had rejected BharatPe co-founder Grover’s emergency arbitration request, disputing the firm’s intention to conduct a governance review (SIAC).

In an interview with Moneycontrol, Grover questioned the board’s intention to initiate a governance review.

“My query to the board is as follows. Why did a governance review become necessary in the first place? “

Statement by Ashneer Grover

Grover also raised concerns about media leaks when portions of Alvarez and Marsal’s audit report circulated on social media.

Grover wrote in his resignation letter: “I’ve gone from being hailed as the face of Indian entrepreneurship and encouragement to Indian youth to start their own enterprises to squandering my time fighting my own investors and management. Unfortunately, the management has lost sight of what is really at issue – BharatPe – in this war.”

BharatPe announced on January 28 that it had hired Alvarez to conduct a governance review of the company. The following week, the company disclosed that it had also hired PwC.

Moneycontrol also claimed that bringing PwC on board after hiring Alvarez was a step toward terminating the employment of Madhuri Jain Grover and Ashneer Grover, as their dismissal can only occur when a report from a Big 4 audit firm indicts them.

Inconsistencies in contacts with vendors were discovered, according to a preliminary assessment completed by Alvarez in January. Payments to vendors and consultants that were not made, but were flagged in the report.

At the troubled fintech BharatPe, accusations and counter-accusations have become the new normal. The company accused Ashneer Grover of spreading false information, which it says is inappropriate for a managing director. Shortly after, he launched an attack on the chairman of the board of directors Rajnish Kumar and co-founder Bhavik Koladiya, alleging the governance review was riddled with prejudice.

“You have been distributing false and accusatory material about the company’s senior management to the family members and/or spouses of the said senior management members. Such heinous behaviour on your side is entirely unjustified, and the company strongly opposes it. You are once again being asked to stop disseminating incorrect and provocative information against members of the company’s senior management. Your behaviour in this regard is entirely unworthy of a company’s managing director. “On February 22, the firm responded to Grover’s email with a letter.

According to the firm, Grover allegedly reached out to the wives of those under investigation. Although it did not explain the information–it was referring.

I am now wasting myself fighting a long, lonely battle against my own investors and management.- GROVER

Ashneer Grover

However, after accusing Kumar, a banking veteran and former chairman of SBI, Grover claimed to be biased and prejudiced. He added that Koladiya had phoned him for a meeting and was hostile with him during a verbal chat over the phone and that he reserves the right to take necessary legal action.

While the firm has accepted Grover’s call with Koladiya, it has denied Grover’s assertion that it took place at Kumar’s home. BharatPe said that the audio recording he released does not correspond to the corporation’s “official contact” with him, calling it a personal chat between Koladiya and Grover.

Grover had taken a leave of absence until the end of March due to anger over his aggressive language toward a Kotak employee, BharatPe’s unhealthy culture, and bold behaviour. Following Grover’s footsteps, his wife took a leave of absence too.

For sites like PayTM, PhonePe, and GooglePay, BharatPe has been a fierce competitor in the UPI industry. His resignation came just days after his wife, Madhuri Jain Grover, accused senior management of being unprofessional and was fired from her position as head of controls.

The internet is scrambling to process this knowledge, and social media is awash with memes and advice for the guy.

Ashneer had previously taken a leave of absence when an audio recording surfaced of him scolding a Kotak employee for missing the Nykaa IPO allotment. While his followers may be surprised by his resignation, it’s clear that he made a planned action after determining the best outcome for his situation.

The post Here’s why BharatPe MD and Director, Ashneer Grover resigned: Full story appeared first on Bharat Details.