BharatPe’s Managing Director and Co-Founder Ashneer Grover have been chosen as one of the Shark Tank India investors. BharatPe is an offline merchant acquirer that offers a QR code for UPI payments, a POS system for card acceptance, and small business financing. The firm was established in 2018 and is based in New Delhi, India.
Early Life
Ashneer Grover was born and grew up in Delhi on June 14, 1982. His undergraduate degree is from the Indian Institute of Technology in Delhi, and his master’s degree is from the Indian Institute of Management in Ahmedabad.
During his graduate years, Groover was also selected to participate in an exchange program with INSA Lyon, and he spent 2002-2003 at the University of INSA-Lyon, France. As a result of his outstanding academic achievements, he was awarded a scholarship of € 6000 from the French Embassy.
Career
Before joining the Bharat Pe, he worked for Kotak Investment Bank, Grofers, PC Jeweller, and American Express. The Bharat Pe payment app was developed by Ashneer Grover in 2018. Ashneer joined American Express as Director of Corporate Development in May 2013 and managed the company’s Series B investment in ‘Mobikwik,’ Payments, and Fintech.
Ashneer left American Express after almost two years and joined Grofers, which is now BlinkIt, as Chief Financial Officer. Since joining Grofers in March 2015, Albinder Dhindsa has been working closely with him to help grow the brand, which has grown to be India’s largest online grocery retailer.
Then, as Head of New Business, Ashneer joined India’s second-biggest jewelry retailer, ‘PC Jewellers.’ He digitalized the corporation and unified e-commerce processes for a better user experience. Bharat Pe was created in October 2018 by Ashneer Grover and Shashvat Nakrani. He is also the company’s managing director. His firm, BharatPe, is currently India’s top digital payments provider, with over 500 workers.
Bharat Pe simplifies the payment procedure for offline merchants by accepting any QR code and charging no transaction fees for taking payments. He was named Entrepreneur of the Year in 2021, and his firm, BharatPe, was named Emerging Company of the Year. He was included in Fortune India’s 40 Under 40 list of India’s top young business talents in 2021.
Personal Life of Ashneer Grover
Ashneer Grover is married to Madhuri Jain Grover, a businesswoman. She is a designer who presently works with BharatPe as the Head of Control. They have two children, Avy Grover, a son, and Mannat Grover, a girl.
Net Worth of Ashneer Grover
Ashneer Grover’s net worth is estimated to be Rs 21,300 crore.
Physical Appearance of Ashneer Grover
Weight | 75 kg |
Eye Color | Black |
Hair Color | Grey |
Height | 5 feet 7 inches |