Ashneer Grover Biography: Shark Tank India, an adaption of the American Reality Show Shark Tank America has become quite popular these days. It is basically a reality show where entrepreneurs with vivid and innovative business ideas come from different parts of the country and pitch their ideas to the judges (sharks) in order to get investments. You must have also watched Shark Tank and must be aware of the sharks (i.e., judges) who are judging the first season of the show. The show is broadcasted on Sony TV. Ashneer Grover is one of the popular and most searched jury members among the seven entrepreneur judges of the reality show. If you are also curious to know about the biography, his career, personal life, his worth, lifestyle, etc. then you are on the right page. Here you will get everything about Ashneer Grover’s Biography.
Ashneer Grover Biography
His inimitable style, no-nonsense nature, and straightforwardness have attracted the attention of millions of people on the business reality show. He is quite honest while delivering his feedback to entrepreneurs and this has made him popular. From a Delhi boy to an MD of top payment companies of the country he has come a long way in a short span of time. He has always believed that there are thousands of failures behind one success. He is the Managing Director and Co-Founder of India’s leading Fintech company Bharat Pe.
About Ashneer Grover
|Profession||Entrepreneur, Businessman, Angel Investor|
|Designation||MD & Co-Founder|
|Date of Birth||14th June 1982|
|Currently Known for||Judging Shark Tank Indian season 1|
|Alma mater||IIT Delhi and IIM Ahemdabad|
|Height||170 cm Approx.|
|Weight||75 kg Approx.|
|Hair Colour||Salt and Pepper|
Ashneer was born and brought up in Delhi. His startup is also headquartered in India. He belongs to a middle-class family where the majority of the family members were working professionals and were engaged in different professions. He completed his schooling at a prestigious school- Apeejay School. After completing his schooling at Apeejay School he completed his graduation also from Delhi.
Education and Career
After 12th, Ashneer decided not to pursue Charted Accountant program to become CA as his father. He decided to do something different and got admission into the Indian Institute of Technology (IIT) in the 2000-2004 batch in the B.Tech (Civil Engineering) program. Being a brilliant student, he got selected for the student exchange program in Institut national des Sciences appliques de Lyon, France. He was also awarded a scholarship from French Embassy.
After completing his graduation in 2004, he got admission to the Indian Institute of Management (IIM), Ahmedabad (batch- 2004- 2006) in MBA (Finance). He did well throughout his academics and learned new skills.
After completing his Postgraduation in 2006, he joined Kotak Investment Banking. He worked for seven years there and completed 10 deals of value 3 billion dollars. He left his job as Vice President in Kotak Investment in 2007. After that, he joined Fintech giant American Express (India) in 2013. At Amex (India), he got a deep understanding of payment or Fintech in India.
In the year 2015, he joined Grofers as CFO. He worked with the founders to take the company ahead and raised millions of capital from investors. He learned a lot about entrepreneurship and other aspects of businesses and investments at Grofers. Now, to understand the basics of retail and get deep knowledge of it, he joined PC Jeweller Ltd where he worked as Head of New Business. He worked there for one year from 2017 to 2018.
Ashneer Grover and Bharat Pe
After leaving PC Jewelers, he met his co-founders Shashwat and Bhavik in 2018. They founded a payment gateway app Bharat Pe in June 2018. Bharat pe was a result of technology provided by Shashwat and Bhavik and the knowledge and experience of Ashneer. The App was developed to allow Kirana stores and small retailers to accept online payments through UPI in India.
Today, Bharat Pe is one of the biggest companies that deals in QR payments in India in small retailers (Kirana/ Grocery shops). Today the company is not limited to QR payment services but it is also providing loans to the small retailers on the basis of QR payments.
Ashneer Grover was raised in a middle-class family. His mother was a school teacher and his father was a Chartered Accountant. There is no information available about his siblings yet. He is married to Madhuri Jain Grover. They are happily married since 4th July 2006. Madhuri is also an entrepreneur and is currently Head of Controls in Bharat Pe. They have two children one boy and a girl. The name of his son is Avy and his daughter is Mannat.
Net Worth and Luxury Lifestyle
Ashneer is among the richest sharks in the show. His net worth is estimated up to Rs.700 crores as per a report in GQ India. He lives in his palatial home at Panchsheel Park, Delhi with this family. The value of his massive house is estimated up to 30 crores. He also has a collection of luxuries and high-end cars such as Porsche Cayman S, Mercedes Maybach S650, Mercedes Benz GLS 350, Audi A6, etc.
Ashneer is an active investor who is investing in various fintech companies and other industries for a long time. Here we have provided the list of all the ventures where he has invested-
|EasyRewardz (loyalty)||Recko (SaaS)|
|Egregore Labs (Trading Analytics)||Vested (Brokerage)|
|Atom Finance (Investing Tools)||Jupiter (NeoBanking)|
|LenDen Club (P2P NBFC)||LiquiLoans (P2P NBFC)|
|AngelList India (investing)||Rupifi (lending)|
|M2P (card issuance)||India Gold (gold loan)|
|Uni (consumer credit)||JUNIO (Payments for kids)|
|CredioGenics (Collection Saas)||MyHQ (co-working space)|
|Bira (alcobev)||Ash (alternative tobacco)|
|Nazara (gaming)||Park+ (Parking assistant)|
|Meddo (Primary Healthcare)||Vahan (Staffing)|
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Facts about Ashneer Grover
- He was awarded a scholarship of 6000 Euros from French Ambassy during his Graduation days (between 2002-2003).
- He has been an active investor before starting his business. He has invested in several industries such as fintech, health tech, gaming, alcobev etc. At presents, he has made his investments in around 22 startups.
- He was chosen as the first judge of Shark Tank India and his salary per episode is estimated to be Rs.
- Bharat Pe assigned various cricketers including Rohit Sharma, Suresh Raina, KL Rahul, Jaspreet Bumrah etc. as a brand ambassadors of the company in 2021.
- In 2021 he was also awarded Entrepreneur of the year