The wave of entrepreneurship in India has arisen, thanks to the popular show Shark Tank India on Sony. Millions of people are now aware of the countless possibilities that can be explored through start-ups. To entertain curious minds like these, a thorough understanding of the business acumen of the prospective sharks is important.

So who is Ashneer Grover?

The vicious shark of Shark Tank India, Ashneer Grover is a ruthless yet cunning businessperson who made all the right decisions at the right time. How to stop living in fear and dare and dare, that is Ashneer Grover.

About Ashneer Grover

Ashneer Grover is the Managing Director and co-founder at BharatPe. He along with his partner Shashvat Nakrani started this venture in 2018. And within four years of the digital revolution, they have turned BharatPe into one of the largest used payment apps in India.

He is also a dignified shark and has invested in many startups and entrepreneurs with a budding future. Ashneer is often regarded as blunt and decisive, holding a mirror of reality to the entrepreneur’s pitching. His to-the-point and non-nonsense approach have made him a fan favourite to the Indian audience.

Ashneer Grover Horoscope

Date of birth: 14 June 1982 (39 years old)
Birthplace: Delhi
Zodiac Sign: Gemini
Net Worth: 790 crores
Co-Founder: BharatPe

Early life of Ashneer Grover

Ashneer Grover was born in Delhi, India, in 1982 to a well-to-do family. His father was a Chartered Accountant and his mother a teacher. Naturally, he was keen on pursuing `stem study. He completed his education in the country’s top educational institutions like IIM & IIT with distinctions.

Ashneer Grover Education

Ashneer completed his schooling in Delhi. From the 5th grade, he noticed that he had a knack for science and mathematics. So, he prepared for IIT and got into IIT Delhi. During his time in IIT Delhi, he was selected for a student exchange program with the National Institute of Applied Sciences, also known as INSA Lyon, in France.

He moved to INSA Lyon in 2002 with a scholarship of €6,000 from the French Embassy. After graduating from IIT, Grover went to the India Institute of Management (IIM) Ahmedabad for his MBA in Finance. He graduated from the IIM in 2006.

Ashneer Grover’s Personal life and family

Ashneer Grover is happily married to Madhuri Jain Grover, who is also a businesswoman and entrepreneur. She owns a furnishing business named Mauve and Brown in Delhi. She also looks after HR, finance, and other internal operations in BharatPe. Together they have 2 children.

Ashneer Grover’s Career Trajectory

As a part of campus placements, Kotak Finance Banking selected Ashneer Grover as the Vice President. He worked in the company for the next 7 years.

In 2013, he changed positions and joined American Express (AmEx), a payment card services company as the Director of Corporate Development.

He left American Express in 2015 and became the Chief Financial Officer in Grofers. He saw massive success there and became the Head of New Business in PC Jewellers in 2017. Alas in 2018, Ashneer Grover established his own company BharatPe.

Ashneer Grover’s BharatPe Journey

Throughout the timeline of his career, he worked with multiple companies and understood market needs. After his last job at PC Jeweller as head of the new business department, he realized that there is great potential in starting a payment company.

He joined hands with Shashvat Nakrani to establish BharatPe in 2018.
Together they built the fintech company that went on to earn billions of dollars. Today, BharatPe offers UPI payments, QR codes and much more for transactions. The company’s evaluation is well over $3 billion and enjoys a premium position in the market.

Lessons to learn from Shark Tank’s judge Ashneer Grover

Sharktank India has been an eye-opener to many individuals. Indians are now interested in jarring terms like ROI, equity, and evaluation. And I think this ought to be a welcome change.

Ashneer, in particular, has been quite vocal in his opinions and teachings. Encouraging this new wave of entrepreneurial curiosity, business strategist Hirav Shah brings you Ashneer Grover’s 3 principles to success:

Strengthen your business foundation

Time and again, Ashneer has emphasized the need to strengthen the foundation of any business plan. If you are in the right direction, sure of the fact that this is what the market needs right now, then no force on earth can stop you from succeeding.

Believe in your project

During the initial years of building BharatPe, GooglePay had offered to buy the company with a sum of $50 million. Ashneer declined the enticing offer simply because he believed in his vision. Today, BharatPe sits at a profitable position with a valuation of $3 billion.

Read the market

For any business to prosper, it needs to work according to the needs of the market. The market keeps on changing every moment. So, you as a businessperson need to keep up with the change. Ashneer understands this quite well. So, he is always on his toes, launching new products and services as per the market’s needs.

Conclusion

India is on the brink of revolutionizing itself. The wave of entrepreneurship has risen, and it’s soon going to turn into a storm. There are several possibilities and countless solutions. One just needs to keep their eye open to these changing times. Ashneer has made his fortune with sheer intelligence and mammoth business expertise. Something that I can bet on is that the panel of shark tank would be lonely without Grover-concludes business development expert Hirav Shah.

About Hirav Shah

Hirav Shah is an eminent Business Astrologer and Entrepreneur, who can help you reach new levels of success in the coming year. Shah’s unique practice mixes the fundamentals of Astrology with Business Principles, thereby introducing you to a whole new dimension of affluence.

Hirav Shah has an astounding global presence with clients based across various business sectors. He is a big believer in taking massive action, has formulated strategies and made the right strategic bets based on the certainty of outcome to help some of the world’s most renowned brands.

From business setup and expansion to crisis and exit, he can give you a strong Astro based analysis on where to apply leverage and where to cut losses.