Ashneer Grover is a well-known name because of his presence in Shark Tank India.
In addition, he is a famous Indian businessman as well as the former co-founder and managing director (MD) of the Indian fintech company, BharatPe.
Interested in revealing more info about this businessman cum active investor and his personal net worth? If you do, then keep reading to find out more.
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What is Ashneer Grover’s Net Worth?
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Who is Ashneer Grover?
Ashneer Grover was born on 14 June 1982 and he is based in New Delhi, India. He belongs to a prosperous and reputed educational family. He has established himself as a well-known businessman in India.
Apart from that, he is even more popular for his role as one of the “sharks” in the season 1 of the Shark Tank India business reality show. He was not included in season 2 of the show in controversial circumstances.
Shark Tank India is a reality show that provides opportunities to big investors like Ashneer Grover to invest their money in new, aspiring, and promising start-ups.
He is the co-founder of Bharat Pe, a well-known online payment gateaway mobile app. He resigned from the BharatPe board amid turmoil at the Indian fintech company.
His father is a Chartered Accountant (CA) and his mother is a teacher. His wife’s name is Madhuri Jain Grover.
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Ashneer Grover’s Educational Background
Ashneer Grover has a B.Tech degree in Civil Engineering from the Indian Institute of Technology Delhi.
He also went to Insa-Lyon University, France for one year for a course. He was one of 6 students selected by IIT Delhi for this exclusive foreign course program. After completing the program, Ashneer wanted to work in a multinational company. With this in mind, he enrolled to IIM Ahmedabad where he got his MBA in 2006.
To summarize, Ashneer has bachelor’s degree in technology and a Master degree in business administration.
Career & Shark Tank India
Before starting his own business, Ashneer Grover previously worked with big and reputed companies.
Of course, he has a experience with the corporate world as well as the Indian startup ecosystem. So, what was his first job?
Ashneer’s first job was working as an investment banker in Kotak Investment Banking. After working there for seven years, Ashneer resigned from Kotak and got a chance to work with American Express.
After working with American Express for a few years, he worked with a Startup called Grofers. Ashneer later worked with PC Jewellers.
In all of these firms, he served in various leading or head positions. Ashneer then quit his job and started working on a Startup called ‘Bharat Pe’ India Gold project.
For your quick reference, Bharat Pe is one of the most popular fintech and payment companies in India that focuses mainly on consumer credit and payments. BharatPe was last valued at $2.85 billion and has, among its investors, Sequoia Capital India, Insight Partners and Ribbit Capital. It is one of the fastest growing firms in the country.
It has been around for three years and its main objective has been to help millions of merchants accept money online. It also provides them with loans.
Ashneer’s resignation was one among many strange events at the fintech startup. Grover remains the largest individual shareholder of BharatPe although he has previously offered to sell his entire stake in the firm.
Ashneer Grover became quite popular when he appeared in Shark Tank India as an investor where he offered various investing tools from time to time. He also helped promising startups (primary healthcare and many sectors) to grow even further by offering active investments.
His exit hasn’t been without drama because his ex-colleague on the show, Namita Thapar, said that the second season of the show would not have any ‘toxicity’. The comment has been seen by many as a thinly-veiled dig at Ashneer, who dropped out of the show after appearing in the hit first season.
Ashneer was known for his no-nonsense reputation during his tenure on the show.
You can read about Mark Cuban’s Net Worth and Gary Vee Net Worth.
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Ashneer Grover’s Net Worth
Asher Grover has an estimated net worth of around $107 million dollars. Well, it’s an estimation as the actual amount can deviate slightly.
According to many reports and calculations, Ashneer Grover should have net worth of $107 Million or more. Since Ashneer Grover is a citizen of India, his net worth of rs should be somewhere close to 790 crore in Indian Rupees.
he has invested in ventures like EasyRewardz (loyalty), Jupiter (NeoBanking) LenDen Club (P2P NBFC) LiquiLoans, Atom Finance (Investing Tools), MyHQ (co-working space), egregore labs (trading analytics) Rupifi (lending) M2P (card issuance), and India Gold (gold loan), just to mention a few.
Grover’s has a car collection that includes a Mercedes Maybach S650, a Porsche Cayman S, a Mercedes Benz GLS 350, and an Audi A6.
In a nut shell, Grover’s net worth multiplies to $107 millions or 790 crore.
Corporate Achievements
- Appeared as a Shark in 1st Season of Shark Tank India reality show.
- Previously served roles as MD and Co – Founder of BharatPe.
- Previously served as Head of New Business position at PC Jewellers.
- Built Grofers business and appointed as CFO
- Managed position as Corp Dev Lead for Amex India
- Worked with Kotak Investment Banking for seven years.
Summary & Final Verdict
Ashneer Grover is a well-known figure as a businessman cum investor. Ashneer has been a successful entrepreneur based in India. It helps that he was educated in the best schools in India, including the Indian institute of technology and the Indian institute of management. His estimated net worth is $107 million or 790 crores in Indian rupees.
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