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Who is Ashneer Grover?
Indian businessman Ashneer Grover is the former co-founder and managing director (MD) of the Indian fintech company BharatPe which he co-founded along with Shashvat Nakrani and Bhavik Koladiya in 2018. Grover also appeared as an investor on the reality TV show called 'Shark Tank India'.
Life and education
Ashneer Grover was born on June 14, 1982, in Delhi. His father was a Chartered Accountant (CA) and his mother was a teacher. He completed his elementary education from the national capital and graduated in B Tech in civil engineering from the Indian Institute of Technology (IIT) Delhi.
For further studies, he went to INSA Lyon University in France for a student exchange program during 2002-2003 and then completed his MBA from Indian Institute of Management (IIM) Ahmedabad in 2006.
Career
Before establishing BharatPe, he worked in many firms including; Kotak Investment Bank, Grofers, PC Jeweller Ltd and American Express. Ashneer's wife Madhuri Jain Grover, who is also an entrepreneur, served as the head of control at BharatPe since its incorporation and headed procurement and admin departments.
Ashneer Grover's resignation as BharatPe MD
Ashneer Grover resigned as MD and from the board director after receiving the agenda for the upcoming Board meeting that included submission of the PWC report regarding his conduct and considering actions based on it. According to Bharatpe's official statement, the board reserves the right to take action based on the report's findings.
Grover resigned as MD and the company’s board director on February 28, 2022. The company said Grover tendered his resignation within minutes after the agenda for the board meeting on the PwC audit report was distributed.