Entrepreneurship

Who Is Ashneer Grover? Career, Net Worth, Personal Life of Former Shark Tank Judge

Mashum Mollah 16 May, 2023
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Ashneer Grover
NameAshneer Grover
Born14 June 1982
NationalityIndian
Age41 Years, in 2023
Net Worth790 crores
BusinessThird Unicorn/$107 million dollars.
SpouseMadhuri Jain Grover
ChildrenAvy Grover ( Son)Mannat Grover (daughter)
Ashneer Grover Quote 1

Ashneer Grover came under the limelight after joining the Sony TV show Shark Tank India. He is currently one of the most followed entrepreneurs in India and an inspiration to many young entrepreneurs trying to make their way to the top.

No, Ashneer did not face a hard time growing up. He belonged to a stable and wealthy family and did not have to face social and economic difficulties. Ashneer was a meritorious student and started his education at a private school in Delhi. He also acquired his B.Tech from Delhi IIT In civil engineering.

Later, Grover started his own business and co-founded Bharat Pe. If you want to know about this famous entrepreneur who started BharatPe, thoroughly review this article.

Who Is Ashneer Grover?

Who Is Ashneer Grover?

Previously, we talked about MBA Chaiwala. Grover’s story is opposite from his. Grover is a successful businessman who co-founded the UPI payment application called Bharat Pe. The Delhi-born businessman, Ashneer Grover, is Indian by nationality and Hindu by religion. Most importantly, he is an entrepreneur by spirit.

He was born in Malviya Nagar, in Delhi. Grover’s parents were charter accountants ( his father) and teacher (his mother). He did not have to face any social or economic problems growing up. But, even after being born into a wealthy family, Grover did not slack off. He is meritorious and was always a sharp student.

The co-founder of Bharat Pe is currently one of the most famous personalities in India and has a huge base of followers on Social media. He was a consistent winner in his academics. More importantly, his understanding of business and entrepreneurial spirit led him to become a millionaire.

Grover is mainly known for his participation in Sony’s Shark Tank as the show’s judge in the first season. Ashneer is straightforward and has an honest opinion about any of the auditioners on Shark Tank, which makes him attracted to most of the viewers. The co-founder of one of the top payment companies in India believes that there are many failures behind any success.

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Early Life & Education

Ashneer Grover Early Life & Education  

The co-founder of the popular fintech company, BharatPe, Ashneer Grover, took his elementary education in Delhi itself. He grew up with working parents and had a quite stable life and support from his parents that helped him study and advance in life smoothly. He took his primary education in one of the prestigious institutions of Delhi called Apeejay School.

Later on, when he completed his 12th examination and decided to take a different path than his father, he wanted to do something other than his father, who was a chartered accountant.

Ashneer qualified for a bachelor of technology degree in civil engineering from IIT Delhi.

He joined the 2000-2004 batch of IIT. Since he was a brilliant student, Ashneer was also selected as an exchange student at Insa-Lyon University, France. He was there for a year and also received an award from the French Embassy. Later, after completing his degree at IIT, Ashneer took his MBA from Ahmedabad IIM.

Entrepreneurial Achievements

Ashneer Grover Entrepreneurial Achievements

Grover finished his post-graduation in 2006 and joined Kotak Investment Banking, where he worked for seven years. He completed ten deals worth 3 billion dollars. Grover only worked for a year at Kotak INvestment and soon left his role as the Vice President.

In 2013, Ashneer Grover joined the famous fintech company American Express and worked at Amex India for several years. Here, Ashneer learned about how Fintech works in India. He also worked at Grofers as the company’s CFO and helped them raise millions of dollars from investors.

Grover had his understanding of finance, raising funds now, he went on to learn how retail works at PC Jewellers Lts. Here it was appointed to the position of Head of New Business. There he worked from 2017 to 2018.

Ashneer Grover Quote 2

BharatPe

BharatPe  

While working at PC Jewelers., Grover met Shashwat and Bhavik in 2018, with whom he went on to co-found BharatPe in June 2018. Shahwant and Bhabik brought their expertise in technology, while Ashneer shared his years of experience working in fintech companies like Amex and the Kotak investment bank.

Together they built and grew the famous UPI payment app named Bharat Pe. They developed the app as a payment-accepting platform for small retailers in India.

Currently, BharatPe is one of the biggest payment companies in India. It helps millions of Indian citizens make QR payments through UPI. The company has been helping many Kirana and Small retail store owners get their payment with ease. Small retailers can also avail of loans based on their QR payment records.

Ashneer Grover Investments  

The former judge of the Shark Tank India show has invested 20 lakhs for the 3% equities of Skippies Ice pops in the first season of the show. The company saw massive growth after his investment and exposure in the show. Ashneer also invested $2.5 million in Freedom, a learning platform for young children.

Ashneer and his other fellow Shark Tank Judges (Anand Kumar, Nikhil Aggarwal, and Harsh Jain) have invested in another popular food tech company called Big Bang Food Tech.

He Is also invested in Zorro (a social networking company), TagZ (a food startup), HireQuotient, Fello, Junio, India Gold, and The Whole Truth. He has also invested in Ship Global, a Gurugram-based logistics company.

Ashneer Grover’s Net Worth

According to GQ India Reports, Ashneer Grover has a net worth of more than 790 crores. His massive home in Delhi, Panchsheel Park, is worth around 30 crores.

The famous entrepreneur and business tycoon also owns some super luxury cars like the Porsche Cayman S, Mercedes Benz GLS 350, Mercedes Maybach S650, and Audi A6. Also, the list of his investments in different fintech and retail companies is growing his wealth.

Ashneer Grover Quote 3

Personal Life

Ashneer Grover Personal Life

Grover got married early in his life. He got married to Madhuri Jain Grover on 4th July 2006. Together, they have been happily married for more than a decade. Madhuri is the Head of Controls in Bharat Pay, and the couple is blessed with a son named Avy and a daughter named Mannat.

Frequently Asked Questions (FAQs):  

Here are some questions and answers about Ashneer Grover –

Q1. Is Ashneer Grover Returning To Shark Tank?  

A: Ashneer Grover did not return to the Shark Tank seasons after his appearance in the show in its first season. When attending IIT Kharagpur’s annual fest, he answered with a no to a student who asked him about his return to Shark Tank. He will not return in the show’s third, second, fourth, or fifth season.

Q2. What Is Ashneer Grover’s Net Worth?

A: The current Net worth of Ashneer Grover is 790 crores. As the co-founder of Bharatpe and investor in many businesses, he has amassed a huge amount of wealth.

Q3. What Does Ashneer Grover Do For A Living?

A: The student of two prestigious institutions, IIT Delhi and IIM Ahmedabad, Ashneer Grover, has worked with several big names in Fintech and retail industry. He also co-founded BharatPe and is currently self-employed. He earns a massive amount from his equities in Bharatpe and other businesses he invested in.

Final Words

Ashneer Grover is one of the most followed Shark Tank judges in India. His straightforwardness and honest replies inspire youngsters with a pinch of reality -check and raw optimism. I hope this document of his life and career milestones helps you find the information you were looking for.

However, if you want me to resolve any related queries, please contact us through the comment section. Thank you for going through this article.

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Mashum Mollah

Mashum Mollah is a tech entrepreneur by profession and passionate blogger by heart. He is on a mission to help small businesses grow online. He shares his journey, insights, and experiences in this blog. If you are an entrepreneur, digital marketing professional, or simply an info-holic, then this blog is for you.

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