Ashneer Grover is an Indian businessman who became well known after the TV show Shark Tank India where established entrepreneurs invest in brands and companies of the contestants who are budding entrepreneurs. He became popular as a judge in Shark Tank India and soon became a topic of discussion among the audience. With his stardom, people started discussing Ashneer Grover net worth, his lifestyle, and many more.
He made headlines for his one-liners and no-nonsense attitude. He was also known for his occasional rudeness and blunt statements on the show. Keeping everything aside, this man has a sharp hold on businesses. He was the CEO and co-founder of BharatPe.
ADVERTISEMENT
Grover was born in Delhi. Ashneer Grover remained in Delhi as he got into IIT Delhi. After earning a degree in engineering, he pursued his education at the Indian Institute of Management, Ahmedabad. His expertise is microfinance and he has worked hard to pave his way to the top, as claimed by many admirers.
Bharat Pe was Ashneer Grover’s First Venture
An exchange corporation in France hired him and when he returned back to India after learning new skills from Europe and America he decided to implement the ideas he learned. His new business, BharatPe was established by him. Though he is no longer associated with BharatPe, this business is regarded as one of India’s priciest unicorns.
Ashneer left PC Jewellers in 2018 and held his first meeting with his co-founders Shashwat and Bhavik. In the same year, they launched an app for BharatPe for its payment gateway. BharatPe was created with contributions from Ashneer, Shashwat, and Bhavi.
The software was used by Kirana shops and small vendors for UPI online payments. Small sellers used QR codes using BharatPe. in addition to the QR payment services BharatPe also offers small shop loans based on that.
ADVERTISEMENT
Ashneer has a lavish lifestyle, he lives with his family in Delhi’s Panchsheel Park
In the family, Ashneer Grover wife Madhuri Jain Grover is also an entrepreneur. Avy Grover and Mannat Grover are the two children of the couple. Madhuri formerly worked in BharatPe. In addition to that, she owns and operates Mauve and Brown, a furniture company. The couple also goes on frequent International trips and posts pictures on Instagram.
Grover’s primary investment was his super lavish home in Delhi’s Panchsheel Park. Grover’s huge home is estimated to be valued at more than Rs 30 crore at least as the property rates in that area, per 99 acres, are calculated at above Rs 18,000/sq.ft.
As per reports, his huge luxury house is worth Rs 30 crores.
View this post on Instagram
Ashneer Grover’s car collection
Including the Mercedes-Maybach S650, Porsche Cayman S, Audi A6, Mercedes-Benz GLS 350, and many more. Ashneer once paid almost a crore rupees for a bed. Net worth of Ashneer Grover should be significant enough to support such a luxurious lifestyle.
View this post on Instagram
ADVERTISEMENT
Ashneer Grover investments
He has investments in 22 startups. Grover has always been an active investor from the start, even before his entry into Shark Tank India. He invested in a fund that has also invested in his company (Bharat Pe). Grover also invested in a series of industries like fintech, gaming, alcobev, co-working, health tech, and staffing. Ashneer Grover net worth has its contribution from all his 22 startup investments:
His fintech investments include,
- Recko (SaaS)
- EasyRewardz (loyalty)
- Vested (Brokerage)
- Jupiter (NeoBanking)
- Egregore Labs (Trading Analytics)
- Atom Finance (Investing Tools)
- LiquiLoans (P2P NBFC)
- M2P (card issuance)
- LenDen Club (P2P NBFC)
- Rupifi (lending)
- AngelList India (investing)
- Uni (consumer credit)
- JUNIO (Payments for kids)
- India Gold (gold loan)
- CredioGenics (Collection Saas)
Investment in startups from other industries other than Fintech:
- MyHQ (co-working space)
- #ash (alternative tobacco)
- Nazara (gaming)
- Bira (alcobev)
- Park+ (Parking assistant)
- Vahan (Staffing)
- Meddo (Primary Healthcare)
- Investments in VC Funds
According to MoneyControl, Ashneer Grover has also invested his money in two Venture Capital (VC) funds as a Limited Partner (LP). It includes one of the original funds that invested in Grover’s company, BharatPe, Ribbit. The second is Vinny Pujji’s fund. Both these funds are active in the US. Vinny Pujji’s fund has a valuation of $400 million (Rs 2,900 crore approx.) and Ribbit is valued at $700 million (Rs 5,200 crore approx.).
ADVERTISEMENT
Ashneer Grover net worth 2023
The net worth of Ashneer Grover makes him one of the wealthiest sharks who was ever on the show, Shark Tank India. A report in GQ India previously said that Ashneer Grover net worth is Rs. 700 crores. According to several web resources namely Forbes, IMDB, etc. Ashneer Grover net worth 2023 is estimated to be a little over $105 million. In Indian currency, it amounts to nearly 800 crore rupees.
Though he is not a part of the judges’ panel in the second season of Shark Tank India, Ashneer’s presence in the show is missed by his fans.
Also read: Ashneer Grover Opens Up On How His Life Has Changed After ‘Shark Tank India’
ADVERTISEMENT
ADVERTISEMENT
