Ashneer Grover is the co-founder and managing director of BharatPe, which is one of the top Indian finance tech companies. People know him for being very upfront and bold.
Ashneer was also one of the seven big shots on the famous TV show Shark Tank India, which is like the Indian version of Shark Tank from America.
If you want to know more about Ashneer Grover, you’re in the right place.
We’re going to talk about his life story, including his work, family, and other interesting facts. So, keep reading till the end of this article.
Ashneer Grover Wiki
Ashneer Grover was born on 14 June 1982 in Delhi. Ashneer Grover currently lives in Delhi, India, with his family.
Date of Birth | 14 June 1982 |
Profession | Businessman |
Known For | BharatPe Founder, Judge of Shark Tank India |
Religion | Hinduism |
Nationality | Indian |
Age (2022) | 41 years |
Current Residence | Mumbai, Maharashtra, India |
Place of Birth | Delhi, India |
Education, Qualification
School | Apeejay School |
College | IIT, IIM |
Degree/Graduation | MBA in Finance |
Relationship
Ashneer Grover is married to Madhuri Grover. In 2018, she joined BharatPe as the head of control in the company. She stated that his husband needed the support of an experienced member of his family who could look upon the H.R.’s work and Finances.
They have two children, Avy Grover, a son, and Mannat Grover, a daughter.
Relationship Status | Married (4 Jul 2006) |
Wife | Madhuri Grover |
Children | Son: Avy Grover Daughter: Mannat Grover |
Ashneer Grover’s Family, Siblings
Parent’s Name | Father: Ashok Grover (Chattered Accountant) Mother: Neeru Grover (Teacher) |
Ashneer Grover Height, Weight (Physical Appearance)
Height | 170 cm 5’7‘ inches |
Weight | 75 kg approx. |
Eye color | Black |
Hair Color | Salt and Pepper (Silver color alongside black or dark brown) |
Career
Company | Year | Post |
Kotak financing bank | March 2006 May 2013 | Vice President (7 Years) |
Corporate Development of America Express | March 2013- March 2015 | Director- Corporate Development |
Grofers( blink) | March 2015-August 2017 | Chief Financial Officer |
P.C Jeweller limited | November 2017- October 2018 | Head of New Business |
Bharatpe | 20 Mar 2018 | BharatPe CEO |
Kotak Mahindra Bank
- As an Investment Banker: After finishing his MBA in Finance in 2006, he got a big opportunity to work as vice president at Kotak Investment Banking. He was involved in many IPO deals during his nearly seven years there before leaving in 2013.
American Express
- As an MNC Employee: In 2013, he became a director at Amix (American Express), a multinational company. But he felt the need for a change after about 2 years and left.
Grofers(Now known as Blinkit)
- As a Chief Financial Officer: Then, in March 2017, he became the Chief Financial Officer at Grofers. After some time, he left the company in August.
P.C Jewellers
- As the Head of PC Jewellers: After leaving Grofers, Ashneer took a break and focused on meeting investors and building networks. Later, he joined PC Jewellers as business head, where he helped with strategies and payment options, contributing to the overall growth.
BharatPe
- As a Founder of BharatPe: In 2018, Ashneer, along with Shashvat Nakrani and Bhavik Koladiya, came up with the idea for BharatPe, which has become one of India’s most popular payment applications.
Shark Tank India
- As a Judge: In 2021, Ashneer appeared as a judge on the popular Indian reality show Shark Tank India, where entrepreneurs pitch their startup ideas to potential investors like him.
Judges of Shark Tank India 2021
Anupam Mittal | Founder of People Group |
Namita Thapar | Executive Director of Emcure Pharmaceuticals |
Ashneer Grover | CEO of BharatPe |
Aman Gupta | Co-founder & CMO of BoAt |
Vineeta Singh | CEO & Co-Founder of Sugar Cosmetics |
Ghazal Alagh | founder of MamaEarth |
Peyush Bansal | Founder & CEO of Lenskart.com |
Ashneer Grover Investments
However, Ashneer Grover has invested in around 55 StartUps.
- Egregore Labs (Trading Analytics)
- Atom Finance (Investing Tools)
- LenDen Club (P2P NBFC)
- EasyRewardz (Loyalty)
- M2P (Card Issuance)
- Credgenics (Collection Saas)
- Bira 91 (Alcobev)
- AngelList India (Investing)
- Meddo (Primary Healthcare)
- Nazara (Gaming)
- Uni (Consumer Credit)
Ashneer Grover’s Net Worth and Salary
Net Worth In Indian Rupees | INR 700 Crore |
Ashneer Grover Car Collection
Ashneer Grover has a car collection of Porsche Cayman S, Mercedes Maybach S650, Mercedes Benz GLS 350, and Audi A6.
Ashneer Grover House
- Ashneer Grover House Price: Rs. 30 crore
- Ashneer Grover House Address: Panchsheel Park, Delhi
Ashneer Grover’s Instagram, Twitter, and LinkedIn Profiles
@ashneer.grover | |
@ashneer_grover | |
@ashneer |
Ashneer Grover Awards
Year | Awards |
2021 | Awarded Entrepreneur of the Year |
2021 | BharatPe won the Emerging Company of the Year award |
Ashneer Grover Controversies
- Panga between Paytm and BharatPe in 2021: Back in 2019, PhonePe went to court against BharatPe for using the same suffix (Pe). In 2021, the court said no to the plea, so BharatPe carried on with the same name.
- BharatPe vs Paytm and PhonePe: The owner of BharatPe tried to increase his influence by handing out leaflets and flyers aimed at Paytm and PhonePe. They depicted Paytm with the Chinese flag (because of investment from Alibaba) and PhonePe with the U.S. flag (due to investment from Walmart). These concerns were quickly brought to the attention of the RBI.
BharatPe displays 'Indian' tag, dares Paytm, PhonePe
— swadeskart (@swadeskart) September 3, 2020
BharatPe, a merchant payments startup, has been distributing flyers and pamphlets showing Paytm with Chinese flags and PhonePe with US flags, implying it's the only 'Bharatiya' or 'Indian' company. pic.twitter.com/GwT4GlJdxB
- Stake on sale 10 Feb 2022: According to the Economic Times, Ashneer Grover is in talks with the investors to sell his 9.5% of stakes which is worth 4000 crores, after the threatening audio clip controversy in January 2022.
The issue between BharatPe and its co-founder Ashneer Grover began when an audio clip leaked on January 5, the Kotak Mahindra Bank alleged that Ashneer Grover and his wife Madhuri Jain Grover abused their employee through a Twitter account named @BabuBango. Ashneer claimed it to be fake. The primary reason for this threat was the refusal of the bank to give shares worth 500 crores for investment in the Nykaa IPO. After this controversy, he officially declared his voluntary leave until March 2022.
Interesting Facts about Ashneer Grover
- Represented BharatPe and India cashless at the Asia Pacific Initiative Forum in 2019.
- Featured in Fortune’s list of 40 India’s bright business minds in 2021.
- Ashneer Grover wrote a book “Doglapan: The Hard Truth about Life and Start-Ups”.
- Third Unicorn Pvt Ltd is a tech new startup by Shark Tank India judge Ashneer Grover.
FAQs
Where was Ashneer Grover born?
Ashneer Grover was born in Delhi.
Why is Ashneer Grover so famous?
Ashneer Grover is famous as a judge in Shark Tank India’s maiden season.