Who is Ashneer Grover?
Ashneer Grover is the Founder and Managing Director of Bharat Pe, and he is presently a Shark Tank India judge (Reality show inspired by an American television reality-show). Grover’s Bharat Pe primarily help small merchants and Kirana (Grocery) stores in India in maintaining their sales. The application has received positive feedback from its customers, with Bharat Pe gaining over a million users or Kirana Stores in the previous two years.
Prior to founding Bharat Pe, he worked with Kotak Investment Bank, Grofers, PC Jeweller Ltd, and American Express. Ashneer Grover launched Bharat Pe, a payment application, in 2018. Since then, the service has been in use all over the India. At the moment, the app has over a million downloads on Google Play.
Personal Life/Early Life
On June 14, 1982, Ashneer Grover was born in Delhi, India. He earned his bachelor’s degree from the Indian Institute of Technology, Delhi, and his master’s degree from the Indian Institute of Management, Ahmedabad. The fact that he is the rank holder in his batch is amazing.
The Indian Institute of Technology Delhi chose Ashneer Grover and five other students as exchange scholars out of 450 (Batch Members). He spent the academic year 2002-2003 as an exchange student at the Institut National des Sciences Appliquées de Lyon (France), where he was awarded a scholarship of €6000 by the French Embassy.
Madhuri Grover is Ashneer Grover’s wife. She is also a businesswoman. She handles HR, finance, and other internal operations of BharatPe. She worked as an interior designer for people like Satya Paul and Alok Industries before joining BharatPe. Mauve and Brown, her own furniture company, was also founded by her. She also collaborated with Asin and her husband, Rahul Sharma, a South Indian actress.
Madhuri Grover also designed the inside of her South Delhi home. Ashneer could not afford many staff when he founded BharatPe, therefore he needed someone to handle the company’s internal operations, thus Madhuri joined BhartPe. Ashneer and Madhuri have two children: an 11-year-old son named Avy Grover and a 12-year-old daughter named Mannat Grover.
|Birth Date||14 June 1982|
|Age (As of 2021)||39 Years|
|Birth Place||Delhi, India|
|Profession||Founder and Managing Director of Bharat Pe|
|Famous For||Founder of BharatPe and PostPay|
|Net Worth||$900 million approx.|
|Height(Approx)||In feet & inches: 5’6”
In centimters: 168 cm
|Weight(Approx)||In kilograms: 80 kg
In pounds: 176 lbs
|Hair Color||White and Black|
|Family Background, Education|
|Father Name||Not Available
|Mother Name||Not Available
|School||Apeejay School, Delhi|
|College||Indian Institute of Technology, Delhi
The Indian Institute of Management, Ahmedabad
|Girlfriend, Wife, Marriage|
|Girlfriend||Madhuri Jain Grover
|Wife/Spouse||Madhuri Jain Grover
|Children||Mannat Grover and Avy Grover
|Favorite Things & Assets|
|Favorite Actor||Not Known|
|Favorite TV Show||Not Known|
|Favorite Book(s)||Not Known|
|Favorite Comic Character||Not Known|
|Car Collection||Not Known|
|Social Media Accounts|
Ashneer enrolled in the Indian Institute of Management, Ahemdabad’s MBA in Finance program in 2004. In 2006, Ashneer was hired as a vice president at Kotak Investment Banking in Mumbai, thanks to a campus placement by IIM Ahemdabad. He joined Amex (American Express), a multinational corporation, in 2013 as a director and stayed for two years. In 2015, he joined Grofers as the company’s chief financial officer and stayed for a few years.
He wanted to do something else after all of this experience, so he contacted several investors and began building networks, and then he joined PC Jewellers as business head, where he assisted them with their company growth and payment alternatives. He came up with the concept for BharatPe while working at PC Jewellers. BharatPe was founded by Ashneer, Shashvat Nakrani, and Bhavik Koladiya in 2018 and is now the most widely used payment app.
As an Investment Banker
In 2006, Ashneer Grover was hired as a vice president at Kotak Investment Banking after obtaining his MBA in finance. He was employed there for almost seven years. He was involved in a number of initial public offering (IPO) transactions. In 2013, he resigned from his position.
As an employee of a multinational corporation
Ashneer Grover joined Amix (American Express), a worldwide corporation, as a director in 2013. He liked working for a multinational corporation, but he always wanted to do something new. He was employed there for almost two years.
As a Chief Financial Officer
Ashneer Grover joined Grofer’ as a Chief Financial Officer in March 2017 after leaving Amex in 2015. He departed the company in August.
As the Managing Director of PC Jewellers,
Ashneer took a hiatus from work after leaving Grofers, meeting with different investors and attempting to expand his network. After that, he became the business leader of PC Jewellers. He assisted them in developing new business, payment choices, and tactics.
As a Founder of BharatPe
Ashneer came up with the concept for BharatPe in 2018, and it has since become one of India’s most popular payment apps. BharatPe was launched in 2018 by Ashneer Grover, Shashvat Nakrani, and Bhavik Koladiya.
BharatPe’s headquarters are in New Delhi, India. Ashneer claims that he established BharatPe with just six staff. Salman Khan is the brand ambassador for BharatPe. BharatPe is India’s first UPI interoperable QR code, as well as the country’s first ZERO MDR payment acceptance service and UPI-backed merchant cash advance service. BharatPe seeks to provide merchants with an end-to-end financial services platform.
As a Shark Tank India Judge
Ashneer Grover made an appearance as a judge on the renowned Indian reality program Shark Tank India in the year 2021. People pitch their new businesses to the judges on this program, and the judges decide whether or not to invest in them. Ashneer was one of the investors on the program.
Pamphlet Distribution Against Paytm
Mr. Grover and his business BharatPe were sued by Paytm and other companies in 2020 for distributing pamphlets, arguing that Paytm and other companies were not authentically Indian enterprises. They also asked the Reserve Bank of India to intervene in BharatPe’s case.
Battle of the Suffixes with PhonePe
PhonePe wanted a swift resolution of the main action in 2021, after launching a complaint against BharatPe claiming trademark rights over the suffix.
Abusive Audio Clip Goes Viral
In January 2022, an audio recording of Mr. Grover arguing with the Kotak Mahindra Bank went viral. Mr. Grover and his wife were accused of threatening one of the bank’s workers.
Wealth and Net Worth
As of 2022, Ashneer Grover, the creator of BharatPe, is predicted to have a net worth of $600 million to $900 million.
Ashneer is a professional Indian businessman and the founder and managing director of Bharat Pe. His height is around 5 feet 6 inches. His physical weight is around 80 kg. His body measurements are 44 inches Chest, 38 inches Waist and 14 inches Biceps.
Some Amazing Facts At A Glance About Ashneer Grover
- From May 2006 through May 2013, Ashneer Grover worked as a vice president at Kotak Financing Bank.
- Ashneer Grover worked as American Express’s Director of Corporate Development from May 2013 to March 2015.
- He served as Grofers’ Chief Financial Officer from March 2015 to August 2017. (Now, known as blinkit)
- He was the “Head Of New Business” at PC Jeweller Limited from November 2017 until October 2018.
- Since October 2018, he has served as the Founder and Managing Director of Bharat Pe, and he is currently a judge on the television reality show Shark Tank India.
- Ashneer Grover is not the lone judge on the reality programme; he is one of seven judges. Vineeta Singh, Peyush Bansal, Namita Thapar, Anupam Mittal, Ghazal Alagh, and Aman Gupta are the other six judges.