Ashneer Grover Net Worth 2023: Ashneer Grover was the former MD and co-founder of BharatPe, an Indian fintech, and he also served as a judge on Season 1 of the famous Indian show Shark Tank. In this post, I am going to reveal all his exciting facts and sources of earnings, personal matters, plans, his upcoming launch, and other things so stay till the end to gain knowledge about Ashneer Grover.
Ashneer Grover has authored the book “Doglapan: The Hard Truth about Life and Start-ups” it is the best seller book on Amazon India in the [Business Entrepreneurship Textbooks] category, he is always trending for different fields and topics in India.
He recently registered a company that has obtained a trademark copyright with the name “Third Unicorn”, He was the co-founder and former MD of BharatPeAnd he got an 8.5% stake from Bharatpe for $3 billion.
Ashneer Grover Net worth 2023:
| Name | Ashneer Grover |
| Annual Income | $12 Million |
| Net Worth | $105 Million |
| Salary | N/A |
| Occupation | Entrepreneur |
| Nick Name | Ashneer |
| Nationality | Indian |
As of 2023, Ashneer Grover net worth is $105 Million, or In terms INR 790 Crores, from his overall lifetime earnings through all sources, and this includes his recent investments and assets like his house and real estate.
Among them, his Bharatpe equity stake is a major percentage of his net worth and now in mid-2022, he has invested in his new startup Third Unicorn,
Moreover, he has already invested in 22 small-scale startups like venture capital. And a limited partner through the Shark Tank reality show platform, he held the position of judge on that show.
Career & Startups:
Image: Grover along with the Bharatpe team,
After completing IIT Delhi (Civil Engineering) and IIM Ahmedabad (MBA) he got a job in Kotak Investment Banking his career started from here and he excelled in this company from the position of Vice President in the field of M&A, Restructuring, PE, and IPO.
Ashneer Grover moved to American Express MNC from Kotak where he worked for almost 2 years as Director of Corporate Development and American Express was the lead Series B investment in ‘MobiKwik’ payments and fintech coverage for Amex in India.
Grover was the Chief Financial Officer at Grofers, a grocery delivery service, and he effectively worked on this startup and raised US$ 170 million.
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Ashneer Grover Biography & Early life:
Ashneer Grover was born on June 14, 1982, in Delhi, He was from a financially stable family background, and After completing BTech IIT Delhi, and IIM Ahmedabad first got a job in Kotak Investment Banking and worked for 7 years as Vice President [M&A, Restructuring, PE, and IPO – Sectors – Retail, Oil & Gas, Telecom, Media, Manufacturing and Real Estate].
Later, he joined American Explorer as a Director to lead Series B investment in ‘MobiKwik’ payments and fintech coverage for Amex in India, he had about 1 year and 11 months of experience with that MNC.
Between November 2017 and October 2018, he was the “Head of New Business” at PC Jeweler Limited. Led digital transformation and strategy at the second-largest jewelry retailer in India.
With the help of experience working in various fields and brands, he finally decided to launch his startup BharatPe in 2018, co-founded by Ashneer Grover and Shashwat Nakrani.
And now he has quit Bharatpe after getting an 8.5 percent equity stake.
Ashneer Grover Educational Qualification:
Ashneer Grover received his BTech in Civil Engineering from the Indian Institute of Technology, Delhi. And, he holds a Masters’s in Finance from the Indian Institute of Management, Ahmedabad.
And an interesting fact about him is that he was a rank holder at IIT Delhi and because of that, in a batch of 450 students, he was selected for an exchange program with the INSA-Lyon University of France for academics from IIT Delhi. In the years 2002 and 2003, 6 students were awarded €6000 by the French Ambassador Scholarship.
Assets
Ashneer Grover was one of the self-made billionaires of India and he spent a good percentage of his wealth on luxury items and lifestyle.
Homes and businesses and startups have assets in the form of real estate and the more expensive things they own, Ashneer Grover spends a few percent of his income on unique antiques, expensive cars, and others, and why are you delaying? Check out his collection of cars and houses and more here below.
House:
Ashneer lives in his palatial luxury home in Delhi’s Panchsheel Park and spends most of his free time with his family. And this house is worth Rs. 30 Crores and it is spread over 18000 SQ FT.
Cars:
Ashneer Grover also has a huge craze for buying new cars and driving them, according to which, he already has 6-7 expensive cars parked in his garage, Let’s see them all one by one below.
1]. Mercedes Maybach S650: It is the top-model car in the S-class series, and it is priced at Rs 2.79 crore, it delivers 7.09 km/l and they have specially customized the number plates and spent around Rs 5 lakh on the number plate, and they use this car for arriving at events and other essential purposes
2]. Audi A6: Audi A 6 Audi A6 Most celebrities own a car and accordingly Ashanir has parked it in their garage.
3]. Mercedes Benz GLS 350: He likes to drive a car, that’s why you have another car from the same brand Mercedes, this Mercedes Benz GLS 350 was bought in 2019, but it’s a rarely used car for him.
4]. Porsche Cayman: The ultimate and most luxurious car in the collection of vehicles owned by Porsche Cayman, it comes with a powerful 1988 cc engine and is priced at a whopping Rs 1.32 crore and is considered to be the most stylish car in the list, and is a two-seater with a 14.5 KMPL petro engine and automatic (DCT) technology.
Awards:
In 2021, he won the Entrepreneur of the Year award and his company BharatPe won the BharatPe Emerging Company of the Year award during his previous MD and co-founder tenure.
Unknown Facts About Ashneer Grover:
- He graduated from one of India’s top educational institutes, IIT (Delhi), and apart from that, he completed his Master’s in MBA from IIM Ahmedabad.
- He is one of the main judges of The Shark Tank season 1 and he got Rs 10 Lakhs per episode of The Shark Tank Show, and he left that position due to personal reasons.
- Asher Grover is now all set to appear in a startup-based web series, Grover confirmed in a tweet that he will appear in the second season of the popular web series TVF Pitchers.
Faq’s
1]. What was the rank of Ashneer Grover in IIT?
Ashneer graduated from the Indian Institute of Technology (IIT – Delhi) in Civil Engineering, with a division rank of 2.
2]. Is Ashneer out of Shark Tank India?
He could not be a part of Shark Tank season 2 due to some personal reasons.
3. What is the third unicorn?
Third Unicorn Pvt Ltd is an unlisted private company incorporated on 06 July 2022, started by Ashneer Grover after quitting the position of MD at Bharatpe. Its authorized share capital is INR 20.00 lakh and its total paid-up capital is INR 10.00 lakh.
4]. How many companies does Ashneer Grover have?
Ashneer Grover has made 22 investments. Their most recent investment was Angel Round – CreditMint on December 14, 2022, when CreditMint raised $2M.
5]. Why did Ashneer leave Shark Tank?
Ashneer Grover is busy with business startups and more, so he could not do proper time management along with the Shark Tank India show and quit as a judge of the Shark Tank India show as his salary was not enough.
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