Indian businessman Ashneer Grover

Indian businessman Ashneer Grover is the former co-founder and managing director (md) of the Indian fintech company Bharatpe has currently resigned from his function because the handling director of his very own agency. Grover also regarded as an investor on the reality television show called ‘shark tank India’.

Ashneer Grover became born in Delhi, India on 14 June 1982. He has finished his commencement with Indian institute of era Delhi and Indian institute of control Ahmedabad. Earlier than starting the Bharat pe he has worked in diverse agencies like Kotak investment bank, grofers, computer jeweler ltd and American express. Bharat pe, the payment utility turned into launched by Ashneer Grover in 2018, due to the fact then the application is in use. At gift the utility has 1 crore+ down load on play store.

Ashneer Grover Life

Ashneer Grover has tied a knot with Madhuri Jain Grover, who’s an entrepreneur. Outstanding about him is that he’s the rank holder of his batch. His graduation with Indian institute of technology Delhi, more approximately him is that he has carried out civil b. Tech engineering from the IIT Delhi.

Out of 450 (batch participants), Ashneer Grover and 5 extra college students have been decided on as an exchange pupil with the aid of the Indian institute of technology Delhi. For the instructional 12 months 2002-2003 he went to the institute country wide des sciences appliquées de lyon (France) as an exchange student, there he changed into rewarded with €6000 as scholarship by the embassy of France.

Ashneer Grover profession

Earlier than starting Bharatpe, a fintech company that caters to Kirana shop owners and small traders pan India, Grover labored as a vp in Kotak investment banking from may additionally 2006 to may also 2013. From may additionally 2013 to march 2015, he served as a director – corporate development at American explicit, and then he began his stint with grofers as leader monetary officer (CFO). He become related to grofers from march 2015 to august 2017.

Grover’s remaining process turned into at pc jeweler ltd as its head of latest commercial enterprise. He worked in the organization from November 2017 to October 2018. Ashneer left laptop jeweler ltd in 2018 and co-based Bharatpe with Shashvat Nakrani. The agency is situated in new Delhi and is one of the leading fintech companies in India.

“we began in 2018 with the imaginative and prescient of constructing Bharatpe as an give up-to-quit economic services platform for traders. We have been amongst the only a few startups that had been focused on assisting merchants grow their businesses.

We were the first ones to construct an interoperable UPI QR code that would allow merchants to simply accept payments across more than a few wallets. But, it become tough to persuade traders approximately the fee proposition around this, in the preliminary days,” stated Ashneer Grover in his interview with Indiatv information.

Ashneer Grover – Founder of Bharat Pe

After gaining 12 years of experience in various jobs, Ashneer Grover decided to start his own company. His experience as a business development and payments manager at PC Jeweler sparked the idea of ​​starting a payments company. Ashneer later co-founded BharatPe with Shashvat Nakrani in 2018.

They put together a fintech company from the ground up and put a lot of work into its core business. Today, BharatPe offers UPI payments, QR codes for transactions, point-of-sale ATMs for card payments, an investment and lending app called 12% Club, and digital gold transactions.

When BharatPe was a $30 million business, Ashneer said he received a $50 million offer from Google Pay, but refused to partner with Google Pay, according to one of his statements on the show. Shark Tank India. Grover later added that he knew he was destined for something big, everything that entrepreneurs, developers and future leaders should be looking for, and that BharatPe was finally worth around $3 billion.

They also got RBI approval for small business financing and tie-up with Centrum Financial Services Ltd. By offering various services, Ashneer Grover has made BharatPe one of the most used payment apps in the country. However, he had to retire after many controversies and accusations surrounded him due to financial irregularities, which were discovered by the directors of the company. Ashneer Grover resigned from BharatPe on February 28, 2022 and boasted that he is still recognized as sole shareholder in BharatPe company.

In a recent talk Ashneer Grover announced at Lovely Professional University on April 29, 2022, where he was invited as a guest speaker, Ashneer shared insights on how business works and all the things to keep in mind . . Talking about the same, he revealed the same incident, when he started BharatPe, when he was about to make it famous overnight. He has a total of Rs 100 crore in his bank account, but he wants to sign Salman Khan.

The Bollywood actor claimed nearly Rs 7.5 crore. However, not sure if he will do it, Ashneer asks Salman to rethink his money. Salman’s manager asked him “Aap bhindi kharidne aaye ho kya, kitni mandwali karoge?”. However, in the end, Salman reconsidered the charge and dropped Rs 4.5 crore, becoming the brand ambassador of BharatPe in 2019.

Ashneer Grover statistics

Ashneer Grover is the founder and managing director of Bharat pay. In 2018, Grover officially released Bharat pay. He had labored in a number of the famed organizations like Kotak investment financial institution, grofers, pc jeweler limited and American specific before beginning his personal employer Bharat Pe.

He has extended the officers of Bharat Pe to 13 towns. He is an lively investor and has invested nearly fifty five times in exclusive startups. Ashneer is the decide of the television business reality show shark tank India, which aired on Sony leisure television in 2021. He loves to keep his lifestyles non-public.

Achievements and Contributions of Ashneer Grover

• Ashneer was awarded a scholarship of Rs. 5 lakh from the French Embassy for his excellence and excellent work.
• He represented BharatPe and Cashless India at the Asia-Pacific Initiative Forum in 2019. In January 2021, Ashneer received the Young Achiever Award.
• He won the Entrepreneur of the Year and BharatPe won the Emerging Business of the Year in 2021. Ashneer was included in Fortune India’s Under 40 list of India’s brightest young entrepreneurs in the same year.