The Economic Offences Wing (EOW) of the Delhi Police has arrested Amit Bansal, a key vendor, in connection with the BharatPe fraud case, official sources said. Amit Kumar Bansal was arrested on August 6, produced in court and remanded in police custody for six days. The accused is in police remand at the EOW office on Mandir Marg in New Delhi and will be produced in court on Monday.

The EOW had filed an FIR in May 2023 against BharatPe co-founder Ashneer Grover, his wife Madhuri Jain and their family members Deepak Gupta, Suresh Jain and Shwetank Jain in a Rs 81 crore fraud case.

Earlier, in November, BharatPe filed a fresh lawsuit against Ashneer Grover after she shared details of BharatPe's Series E fundraiser on social media site X (formerly Twitter). The fintech's parent company, Resilient Innovations, has sought a stay in the Delhi High Court against Ashneer Grover for sharing confidential information about the company, The Economic Times reported.

Grover and his family allegedly caused a loss of around Rs. 81.3 crore to the firm through illegal payments to bogus human resource consultants, inflated and unwarranted payments through pass-through vendors linked to the accused, and fraudulent transactions in input.