Ashneer Grover biography& unbelievable facts

Family & Early Life of Ashneer Grover

Ashneer Grover is an Indian entrepreneur. The Ex-Co-founder of BharatPe, Ashneer Grover has become a super popular name in India. He is the man who organized the unorganized sector of payments in India.

Ashneer Grover was born on June 14, 1982, in Delhi. Ashneer’s father, Ashok Grover, was a chartered accountant, who passed away on 28 March 2023. His mother, Neeru Grover, is a teacher. sister Ashima Grover. He completed his school education at Apeejay School, Delhi In an interview, he talked about how he got his name, Ashneer, and said that it was a combination of his parents’ names, Ashok (father) and Neeru (mother)

Education
  • IIT DELHI  B.Tech civil engineering (2000-2004)
  • Institute national des science appliquees de lyon B.Tech. Civil Engineering (2002-2003)

Exchange Student. Among the 6 students selected by IIT Delhi, in a batch of 450, for the Exchange Program with the University of INSA-Lyon, France for the academic year 2002-2003. Awarded a scholarship of € 6000 by the French Embassy.

  •  IIM AHMEDABAD  MBA in management finance ((2004-2006) 
Wife & Children Of Ashneer Grover

Who is Ashneer Grover’s wife?

Ashneer Grover’s wife’s name is Madhuri Grover. She is 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.

             

When Ashneer started BharatPe, he could not afford many employees, he needed someone who could manage the internal operations of the organization, so Madhuri joined BhartPe. Ashneer and Madhuri have two children,

a son Avy Grover, who is 12 years old, and a daughter, Mannat Grover.

CAREER JOURNEY

Kotak Investment Banking

post: Vice President ( – 7 years 1 month

worked: M&A, Restructuring, PE, and IPO
10 Deals | US$ 3 billion of Transaction Sectors – Retail, Oil & Gas, Telecom, Media, Manufacturing, and Real Estate.

American Express

post: Director – Corporate Development ( – 1 year 11 months

worked: Led Series B investment in ‘MobiKwik’ Payments and FinTech coverage for Amex in India.

Grofers

post: chief financial officer ( – 2 years 6 months

worked: Built ‘Grofers’ as a core team member along with the founders – Albinder and Saurabh Led Finance, Legal, and B2G Raised US$ 170 mn from Softbank, Tiger, Sequoia, and Yuri Milner.

PC. Jeweler 

post: head of new business  ()

worked: Led digital transformation and strategy at India’s second-largest Jewellery retailer. Enabled PayTM, PhonePe, Pine Labs, Magic Pin, and QwikCilver. Consolidated e-comm operations under a single brand PCJ. Set the company up for the next phase of consumer experience-driven growth and diversification into adjacent business

Bharat Pe

post: MD &Co-founder of Bharat pe  (Aug 2021-march 2022) 8 months

CEO& Co-founder (2 years 11 months

worked: Building the largest offline merchant network in India by making mobile payments acceptance free.

Resignation from BharatPe

On 1 March 2022, he quit BharatPe as managing director. Reportedly, he took this move soon after receiving an upcoming board meeting agenda in which the consideration of action against him was supposed to be included based on the report submitted by advisory firm PwC.

FIR in a fraud case (alleged fintech fraud of crore)

On 10 May 2023, a case was registered against Ashneer Grover, his wife, Madhuri Jain Grover, and family members Deepak Gupta, Suresh Jain, and Shwetank Jain by the Delhi Police’s Economic Offences Wing (EOW) after a complaint by BharatPe for an alleged Rs. 81 crore fraud in December 2022. They were booked under eight sections of serious cognizable criminal offenses, including 409 (criminal breach of trust by a public servant, banker, merchant, or agent), 420 (cheating and dishonestly inducing delivery of property), 467 (forgery of valuable security, will, etc.), and 120B (criminal conspiracy).

Being a Shark in shark tank India Season 1 (2022)

he made his appearance as a shark in the show, Shark Tank, India. There he contributed to the funding of various startups.

He has a keen eye for startups with great future potential. Over the years, Ashneer has funded many startups. For example- Pocketly, Credgenics, Freedom, Zorro, etc. Ashneer is very strait forward in his speech and opinion so much controversy occurs in the show shark tank India Season 1, so he is not a part of shark tank India Season 2

List of Startups Funded by Ashneer Grover
  1. Big Bang Food Tech
  2. TagZ Foods
  3. Freedom
  4. Koo App
  5. Zorro
  6. HireQuotient
  7. Fello
  8. Skippi Ice Pops
  9. Get-A-Whey
  10. Paz Care
  11. Trica
  12. FrontRow
  13. OTO Capital
  14. EasyRewardz
  15. Lets Hash
  16. The Whole Truth
  17. Credgenics
  18. Pocketly
  19. India gold
  20. Junio
  21. M2P Fintech
  22. Rupifi
  23. Earhart
  24. MyHq

Unknown Facts about Ashneer Grover

  • car collection

                     

He also owns a Mercedes Benz GLS 350, Audi A6, and Porsche Cayman.

Ashneer owns a Mercedes-Maybach S650. The car’s number plate reads ‘ASHNEER G.’

  • What is Ashneer Grover’s net worth?

Ashneer Grover has an estimated net worth of $600 million to $900 million, as of 2021.

  • During an interaction with a student at the Institute of Management Technology, Ghaziabad,

Grover said, “If you had any idea what influencers are making these days, you’d cry… I don’t need a show anymore, people are consuming more of me on social media than they ever consumed me on TV.” The entrepreneur regularly shares reels on Instagram now, which get more than 20 million views per video.

Answering the student’s question, Grover also said,

“If I’m making reels, why are you watching? Everybody can make reels, but the question is whose reels are being watched. Yes, I’m an influencer. I like getting involved in everything and creating a disruption.”

  • Comparison with Ankur Warikoo

Ashneer’s response was to a question asked by the student. “These days, most entrepreneurs are turning into influencers. I see a lot of similarities between you and Ankur Warikoo. Do entrepreneurs start thinking that being famous is important,” he asked. To this, the entrepreneur had an interesting reply before he moved on to talk about influencers’ earnings.

“I’ve never heard a more offensive statement. I’m so offended, I want to get up and leave. You don’t take his and my name in the same sentence. I have just one rule, you can say whatever you want to me. You can abuse my mother and sister, I won’t say a thing. But don’t compare me to Ankur Warikoo,” he said in response, as heard in a video shared on YouTube by the student.

  • According to Ashneer, during the starting days of the BharatPe, he along with his wife, Madurai, and children, fixed BharatPe stickers at the merchant outlets.
  •   Ashneer Grover established a network of 11 lakh merchants and facilitated over 15 million monthly UPI transactions within a month.
  • He loves to visit different places with his family.
  • According to Ashneer, he declined to participate in Bigg Boss 16 when the makers of the show approached him to participate in the show
  • In December 2022, the makers of the Indian web series Pitchers announced that Ashneer will join them in their season 2.

Awards

 

  • In 2021, Ashneer Grover won the Entrepreneur of the Year award.
  • In January 2021, he was also honored with the young achiever award.

A Book Written by Ashneer Grover

He has penned an autobiography titled ‘Doglapan.’ He informed his followers about this autobiography on Twitter in November 2022.

Is kitab padhne ke baad ya to aap ek dum apni naukri chhod doge ya fir zindagi bhar naukri hi karoge. At least beech mein nahi phase rahoge. To get absolute clarity in life – by asneer Grover.

also read about

Urfi javed(Actress)

Sudha Murty as an inspirational lady

 

 

Leave a Comment

Share