Ashneer Grover is a popular Indian businessman who is the co-founder and managing director of Bharatpe. Recently he is in the limelight for joining Sony TV’s show Shark Tank India as a Shark (Judge). Ashneer was born on June 14, 1982 in Malviya Nagar, Delhi. He belonged to a family with a wealthy and educational background, due to which he never faced any social and economic difficulties.
Ashneer Grover Personal Life
He grew up in Delhi. Ashneer completed his schooling in Delhi, then he did B.Tech in civil engineering at IIT Delhi. During his graduation days, Ashneer was one of the 6 students who was selected by IIT Delhi as an exchange student for the university of INSA Lyon Institut National Des Science Appliquees de Lyon, France. He moved to France in the year 2002, and he also received a scholarship of Rs. 5 lakh from the French Embassy. In 2004, Ashneer got himself enrolled in an MBA in Finance program at the Indian Institute of Management, Ahemdabad. In 2006, campus placement by IIM Ahemdabad landed Ashneer to Kotak Investment Banking, Mumbai as vice president. In 2013, he joined as the director in Amex, (American Express), an MNC, and he served there for two years. He joined Grofers as the chief financial officer in 2015, and he worked there for a few years.
After all this experience, he wanted to do something different, he met various investors and started making networks, and then he joined PC Jewellers as business head, and he helped them in their business development and payment options. When he was working in PC Jewellers, he got the idea of BharatPe. Ashneer, along with Shashvat Nakrani and Bhavik Koladiya, launched BharatPe in 2018 it is today the most used payment application.
Ashneer Grover Education
He obtain his primary education from a private school in Delhi. Ashneer, who was sharp in studies from the starting, gave the entrance exam of IIT after his 12th in which he fixed a good rank in All India, due to which he obtain an chance to get admission in IIT Delhi. Grover did his B.Tech in Civil Engineering from IIT Delhi.
Ashneer Grover Career
As an Investment Banker
After completing his MBA in finance, Ashneer Grover got placement as vice president in Kotak Investment Banking in 2006. He worked there for almost seven years. He was part of various IPO deals. He left the job in 2013.
As an MNC Employee
In 2013, Ashneer Grover joined as a director in Amix (American Express), which is a multinational company. He enjoyed working in an MNC, but he always wanted to do something different. He worked there for almost 2 years.
As a Chief Financial Officer
He joined n internet company ‘blinkit’ in Gurgaon, Haryana as a chief financial officer, in April 2015. After leaving Amex in 2015, Ashneer Grover joined Grofer’ as a Chief financial officer in march 2017, and in August, he left the organization.
As the Head of PC Jewellers
After leaving Grofers Ashneer took a break from work, and he met various investors and tried making more networks. Then, he joined PC Jewellers as business head. He helped them in new business development, new payment options, and strategies. [5]
As a Founder of BharatPe
In 2018, Ashneer came up with the idea of BharatPe, which went on to become one of the most used payment applications in India. Ashneer Grover along with Shashvat Nakrani and Bhavik Koladiya founded BharatPe in 2018.
The headquarter of BharatPe is in New Delhi, India. According to Ashneer, he started BharatPe with 6 employees. The brand ambassador of BharatPe is Salman Khan.
BharatPe is India’s first UPI interoperable QR code, with the first ZERO MDR payment acceptance service and the first UPI payment backed merchant cash advance service. BharatPe aims in providing an end-to-end financial services platform for merchants.
As a Judge in Shark Tank India
In 2021, Ashneer Grover appeared as a judge in the popular Indian reality show Shark Tank India. In this show, people come up with their startup business and ask the judges to invest in their business. Ashneer joined the show as one of the investors.
Ashneer Grover Controversies
Pamphlet Distribution Against Paytm
In 2020, Paytm and other such companies filed a lawsuit against Mr. Grover and his company BharatPe for distributing pamphlets, claiming that Paytm and other companies were not purely India-based companies. They also requested the Reserve Bank of India to take action against BharatPe.
Suffix Battle with PhonePe
In 2021, PhonePe, after filing a lawsuit against BharatPe claiming trademark rights over the suffix, sought speedy disposal of the main lawsuit.
Net Worth and Luxury Lifestyle
Ashneer is among the richest sharks in the show. His net worth is estimated up to Rs.700 crores as per a report in GQ India. He lives in his palatial home at Panchsheel Park, Delhi with this family. The value of his massive house is estimated up to 30 crores. He also has a collection of luxuries and high-end cars such as Porsche Cayman S, Mercedes Maybach S650, Mercedes Benz GLS 350, Audi A6, etc.
Ashneer’s Investments
Ashneer is an active investor who is investing in various fintech companies and other industries for a long time. Here we have provided the list of all the ventures where he has invested-
| EasyRewardz (loyalty) | Recko (SaaS) |
| Egregore Labs (Trading Analytics) | Vested (Brokerage) |
| Atom Finance (Investing Tools) | Jupiter (NeoBanking) |
| LenDen Club (P2P NBFC) | LiquiLoans (P2P NBFC) |
| AngelList India (investing) | Rupifi (lending) |
| M2P (card issuance) | India Gold (gold loan) |
| Uni (consumer credit) | JUNIO (Payments for kids) |
| CredioGenics (Collection Saas) | MyHQ (co-working space) |
| Bira (alcobev) | Ash (alternative tobacco) |
| Nazara (gaming) | Park+ (Parking assistant) |
| Meddo (Primary Healthcare) | Vahan (Staffing) |
Ashneer Grover Family
Ashneer’s father is a chartered accountant, and his mother is a teacher.
Wife & Children
Ashneer Grover’s wife’s name is Madhuri Grover. She is also an entrepreneur. In BharatPe, she manages HR, finance, and other internal operations. Before joining BharatPe, she was an interior designer and worked with people like Satya Paul and Alok Industries.
She also had her own furnishing business named Mauve and Brown. She also worked with south Indian actress Asin and her husband, Rahul Sharma. Madhuri Grover has also done the interior of her house in South Delhi.