Who is Ashneer Grover?
Ashneer Grover was born on 14 June 1982 in Delhi, Ashneer Grover did his B.Tech in Civil Engineering from IIT Delhi and is also the rank holder of his batch. It was during his graduation days that he received INSA Lyon – Institut National des Sciences Appliquées de Also selected as an exchange student for Lyon, he is also the founder of Bharat Pay. Ashneer Grover is also a judge on India’s popular TV reality show Shark Tank India, a business startup-based reality show inspired by the American business reality television series Shark Tank.
Name- Ashneer Grover
Date of Birth – 14 June 1982
Place of Birth- Delhi, India
Education- B Tech, MBA
Profession- Founder of Bharat Pay, Entrepreneur
Wife Name- Madhuri Jain Grover
Citizenship – Indian
Fame – Judge of Shark Tank India
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Ashneer Grover Biography
Ashneer Grover was born on 14 June 1982 in Delhi. Ashneer belonged to a family with a very rich and educational background, and his father is a chartered accountant and his mother is a teacher, hence, he never faced any problems socially or financially.
Ashneer Grover was married to Madhuri Jain Grover and they also gave birth to two children, a son and a daughter named Avi Grover and Mannat Grover.
Ashneer Grover Qualification
Ashneer has done his B.Tech in Civil Engineering from IIT Delhi. He also went to the University of Insa-Lyon, France for a year, and was one of six students to be selected by IIT Delhi for this exchange programme, and after completing his undergraduate programme, he worked for a multinational company. The simple dream of pursuing a career brought him to IIM Ahmedabad, and then he earned an MBA degree in 2006.
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The career of Ashneer Grover
Ashneer Grover got his first job at Kotak Investment Banking, and Ashneer joined it as Vice President and worked there for seven years.
Then in the year 2013, Ashneer joined American Express as the Director of Corporate Development, and it was his dream job for his MBA graduates, but, Ashneer wanted to join a start-up, for he Wanted to work and see how the system processes itself, he decided to leave Amex and join Grofers, and in the meantime, he didn’t get much support from his family as every parent wants their child. But, Ashneer’s wife Madhuri supported him as Ashneer had full faith in himself and hence in 2015, Ashneer joined Grofers as a core team member.
Ashneer Grover Startup Journey?
To set up a startup of your own it is very important to know its process, so it was very helpful for Ashneer to join Grofers for him and it also benefited him a lot, and then he gave one by one to the investors. who was a very important part of starting a start-up, then he worked as a member of Grofers for a few years.
Then everything was going well and he decided to leave the company, by the way, you should not compromise until you achieve your goal, no matter how big it is, then when he did it When the news was given to his family, he did not take it well, but, he did what he had to do.
Ashneer joined PC Jeweler Limited in November 2017 as the Head of New Business and then helped the company develop some new business and payment strategies.
While working with new payment options for a company, the idea of Bharat Pay inspired him, and he knew the risks of quitting his current job and giving all his time to a new start-up, but he did.
Then once he decided to leave the company and till now the contribution of his spouse is huge for him. In 2019, Madhuri also joined Bharat Pay to support her husband and help him grow up.
In the beginning of BharatPe, when Ashneer started working for the BharatPe project, he was unable to pay the salaries to many employees, then only after the seed funding round, the responsibilities increase and they were given someone from his side. It was then that Madhuri decided to join the company and handle some important things like Finance Control and Banking HR.
Although it was a very difficult task they achieved great success in less than a year, and then in October 2018, Ashneer officially launched Bharat Pay with less than twenty employees. And, within a year 500 sales employees were working for it, and they successfully set up offices in thirteen different cities including Mumbai, Pune, Bengaluru and Delhi. Bharat Pay’s network has grown to 11 lakh merchants and over 15 million These are also witnesses of higher monthly UPI transactions.
The success of BharatPe?
The Bharat Pay company recently raised $15 million in Series B funding, with venture capitalist firms Ribbit Capital and London-based Steadview Capital leading the funding round, taking the start-up’s total valuation to $225 million following this round. Gaya has a monthly transaction of $83 million through Bharat Pay, and the new start-up is grabbing attention all over the world.
1) Who is Ashneer Grover?
Ashneer Grover is the Founder & Managing Director of Bharat Pe, he is currently judging at Shark Tank India.
2) Ashneer Grover Networth?
US$90 million or 700+ crore