Name | Ashneer Grover |
Age | 40 |
Gender | Male |
DOB | 14 June 1982 |
Nationality | Indian |
Net worth | $108 million dollars |
Height | 170 cm |
Qualification | IIT Delhi and IIM Ahmedabad |
Profession | Entrepreneur |
About Ashneer Grover
Ashneer Grover is an entrepreneur and investor. You have seen him in the TV show called Shark Tank. He has a deep interest in technology and business, with a focus on creating products that will empower people to lead better lives. Ashneer Grover is the former co-founder and managing director (MD) of BharatPe, an Indian fintech business.
His professional career encompasses leadership roles at multiple venture capital firms and co-founding numerous startups.
As of today, his primary focus is on helping entrepreneurs build lasting businesses through his venture investments across various sectors such as Real Estate, FinTech & EdTech, among others.
Ashneer Grover was among six pupils chosen for an exchange programme to France. When it comes to investing in businesses or funding startups, Ashneer Grover has always been at the top. His appearance on the first season of Shark Tank made him well-known around the country. As a driven entrepreneur, Ashneer Grover has invested in and sponsored numerous enterprises.
A thought leader within the startup ecosystem & VC space across the Asia Pacific region, his insights regarding startup investments in India can be seen regularly featured on leading news portals such as ET Now & Business World, among many others.
Early and Personal Life of Ashneer GroverÂ
Early Life
He hailed from the city of Delhi and was born on June 14th, 1982. Ashneer Grover graduated from the Indian Institute of Technology in Delhi with a BTech in Civil Engineering. IIT, Delhi chose him as one of six exchange students.
He was chosen as an exchange student for the INSA-Lyon University in France. The French Embassy also gave him a scholarship of € 6,000. In addition, in 2006, he received his master’s degree in MBA in Finance from the Indian Institute of Management, Ahmedabad.
Personal Life
Madhuri Jain Grover, an entrepreneur of Ashnerr Grover’s family, is Ashneer Grover’s wife. Ashnerr Grover’s two children, Avy Grover, and Mannat Grover, were born. Madhuri had worked for Satya Paul and Alok Industries before joining BharatPe. She also owns and operates the furniture company Mauve and Brown.
Ashneer Grover Career
- As an Investment Banker: After obtaining his MBA in Finance in 2006, he was hired as a vice president at Kotak Investment Banking. He was involved in several IPO transactions. He worked there for over seven years before leaving in 2013.
- As an MNC Employee: In 2013, he accepted a position as a director with Amex (American Express). He felt the need to try something new, so he left his job after nearly two years.
As a Chief Financial Officer: He joined Grofer’ as a Chief Financial Officer in March 2017 and left the organization in August after working there for a period.
As the CEO of PC Jewellers, Ashneer took a break from work after leaving Grofers, and he tried meeting with other investors and building new networks. He then became the business manager at PC Jewellers. He assisted them in formulating plans, payment choices, and other aspects that aided in overall business development.
As a Founder of BharatPe: Ashneer conceived of BharatPe, one of India’s most popular payment applications in 2018. He co-founded BharatPe alongside Shashvat Nakrani and Bhavik Koladiya.
As a Judge: He served as a judge on the renowned Indian reality show Shark Tank India in 2021. Ashneer has joined the show as an investor. The reality show is about people creating new business proposals and asking the judges to invest in them.
Ashneer Grover’s Net Worth
The total wealth of Ashneer Grover is $108 million as of 2023. Ashneer Grover, is one of the most well-known entrepreneurs in the world, according to a number of web resources (Wikipedia, Forbes, IMDB).
Ashneer Grover has been involved in a few issues. Ashneer Grover is well-known for his luxurious tastes.
As we researched multiple websites, We found interesting things about ashneer Grover that is, he bought a bed worth 1 Crore in Indian rupees.
Relationship and More 
Some people find him dreadfully obnoxious. You might like Ashneer Grover on Shark Tank or you might not, but there is one thing you can’t do ignore Ashneer Grover. The property is owned by Ashneer Grover throughout India.
He owns the property. He has property in the city of Bangalore and the city of Delhi. He owns a few houses in Mumbai as well. He currently resides in a luxurious home in Mumbai that is valued at $5 million.
Awards and AchievementsÂ
1. In 2021, he was named Entrepreneur of the Year.
2. Recognized in January 2021 with the young achiever’s award
Ashneer Grover Book
Ashneer Grover is the author of the book entitled “Doglapan“. This book offers practical advice and strategies on how to become successful in life and business. With real-world advice, inspiring stories, and a roadmap index to facilitate finding solutions quickly, this insightful read provides readers with the means to start building success today.Â
Conclusion
We hope you gather the information about Ashneer Grover and his full life with his career. He struggled a lot to build his position as a well-known entrepreneur. His Businesswomen(wife) also motivated him. We also got the news about Grover’s new start-up which is under the technology niche, but not collected complete information yet.
In the future, we will add complete information about his new start-up when we will get enough information. You can comment below and ask for any other entrepreneur’s biography. It will more engage you with us.
Related Topics
Sundar Pichai Net Worth | Know Google Ceo Salary
Jannat Zubair Rahmani Age, Family, Boyfriend, Biography & More
Kajal Aggarwal Net Worth, Age, Wedding, Career
Frequently Asked Questions
Ans – Ashneer Grover is an incredibly wealthy individual with a net worth estimated to be around one hundred million dollars. This staggering amount of wealth amounts to roughly seven hundred ninety crore Indian Rupees, making him one of the wealthiest people in India. His immense fortune has been accrued from a range of investments, stock market earnings and business ventures that he has been involved in over the past decades. He has earned this wealth through astute business decisions, shrewd investments and careful management of his resources.
Ans – No, Ashneer Grover is not a billionaire, but he is an entrepreneurial success story and has been featured on the popular Indian TV show Shark Tank. On the show, he gave an insightful explanation as to why he prefers to purchase used cars over the more expensive new models. He pointed out that buying second-hand cars can be a great way to save money in the long run. Furthermore, he highlighted that used cars can still be reliable and efficient with proper maintenance from their previous owners. He believes that having an efficient and well-maintained car is key to getting the most bang for your buck.
Ans – Ashneer Grover is the founder and co-owner of BharatPe, an Indian fintech startup. He is currently serving as the Chief Executive Officer (CEO) of the company since its inception in 2018. Prior to this, he has held various roles at companies such as SapientNitro and Grupo Salinas, gaining over fifteen years of experience in business and technology leadership roles. Grover was also a judge for Shark Tank India show season two. In FY22, Grover earned a salary of ₹ 1.69 crore along with his wife Madhuri Jain Grover who co-owns BharatPe and acts as the company’s strategic advisor/director on board activities. Together they have been working towards making financial inclusion accessible in India through their work on digital payments solutions provider BharatPe.
Ans – Bharat Pay recently reported its financial results for the Financial Year 2021-22. The company experienced an impressive 169% year-on-year increase in revenues, reaching Rs 321 crore as compared to Rs 119 crore in the previous financial year. However, it also recorded a loss of Rs 5,594 crore during FY22 — this was 89 percent higher than its losses of Rs 2,961 crore incurred during FY21. These losses demonstrate that although Bharat Pay is enjoying growing revenues, it is still struggling with profitability due to high operational costs and other factors.
Ans – Despite a staggering 169% revenue growth, it appears that the Indian fintech company, BharatPe, has yet to turn a profit. Their losses even widened to Rs 5,594 crore in FY22. To determine if and when the company may be able to start making profits, a more thorough analysis of their financials is needed. This could include examining the costs associated with running operations and also any potential new investments or partnerships that may help them begin to make a profit in the future.
