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Ashneer Grover

About Ashneer Grover

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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.

Latest Updates on Ashneer Grover

In a series of tweets posted by Grover, he also shared some suggestions for Delhi airport authorities to expedite the checking process

Updated On: 23 Feb 2023 | 10:41 AM IST

Fintech firm says it is essential to strengthen the roles as it 'focuses on getting IPO ready'

Updated On: 24 Jan 2023 | 5:41 PM IST

Bhavik Koladiya and his teacher's son Shashvat Nakrani founded the fintech firm BharatPe in 2017 and Ashneer Grover joined the startup in 2018 as CEO

Updated On: 17 Jan 2023 | 10:46 PM IST

Grover wrote that taking advantage of the fact that "I do not indulge in alcohol, he would call Bhavik and Shashvat for drinking sessions and poison them against me

Updated On: 19 Dec 2022 | 1:30 PM IST

BharatPe has filed a case against Ashneer Grover's wife, Madhuri Jain, under Section 420 for a fraud of Rs 88 crore

Updated On: 08 Dec 2022 | 1:59 PM IST

Among the top brass leaving today were Vijay Aggarwal, Rajat Jain, Geetanshu Singla, and Nehul Malhotra

Updated On: 28 Nov 2022 | 9:42 PM IST

According to a media report, Koladiya's departure is due to a disagreement between him and BharatPe as well as the company's Chief Executive Officer Suhail Sameer.

Updated On: 02 Aug 2022 | 9:35 PM IST

Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should have acquired its arch rival Swiggy than 10-minute grocery platform Blinkit to avoid the mayhem

Updated On: 26 Jul 2022 | 3:44 PM IST

BharatPe said it also reached an all-time high of $18.5 billion in annualised total payment value (TPV) -- a growth of 50 per cent over the last quarter

Updated On: 06 Jul 2022 | 11:03 AM IST

Ashneer Grover, who is currently in the US, may sell his BharatPe stake or raise fresh capital by issuing a stake in the new company

Updated On: 16 Jun 2022 | 1:10 PM IST

After facing the months-long Ashneer Grover saga, fintech platform BharatPe is witnessing some high-profile exits and now, its founding member Satyam Nathani has resigned

Updated On: 12 Jun 2022 | 2:40 PM IST

He was to play a key role in Unity SFB, which was acquired through a BharatPe-Centrum Financial JV; CRO Nishit Sharma, head of institutional debt partnerships Chandrima Dhar had resigned earlier

Updated On: 11 Jun 2022 | 12:52 AM IST

"I wish to start my own venture with my own money and make it profitable," he said during the recently-held TiECon-2022 start-up and entrepreneurial event in Chandigarh

Updated On: 02 May 2022 | 3:01 PM IST

In response to a comment by Ashneer's sister on a social media post by former Bharatpe employee, Sameer said: "Sister, your brother has stolen all the money. Very little left to pay salaries"

Updated On: 09 Apr 2022 | 12:39 AM IST

The two trade charges after staffer's allegation abpit unpaid dues

Updated On: 07 Apr 2022 | 10:16 PM IST

BharatPe, which allows shop owners to make digital payments through QR codes, last month, stripped Ashneer Grover of all titles and positions after a third-party audit alleged grave governance lapses

Updated On: 06 Apr 2022 | 2:07 AM IST

Showdown between co-founder of BharatPe and his colleagues comes at the height of a boom for India's startup scene.

Updated On: 10 Mar 2022 | 11:07 AM IST

Ashneer Grover last week resigned as company's managing director and director, says he will cooperate with ministry.

Updated On: 09 Mar 2022 | 11:39 PM IST

As the Ashneer-BharatPe fight now on a legal course, the Board of company will not intervene in a new controversy regarding the company's original founder Bhavik Koladiya and his stake in the firm

Updated On: 08 Mar 2022 | 1:21 PM IST