Decoding Ashneer Grover Net Worth!

Welcome to the newest blog article on sgx-nifty.org, where we explore the fascinating world of success and money. Today, we turn our attention to Ashneer Grover, one of the most vibrant businesspeople of the modern era. Grover, a co-founder of BharatPe, has transformed the finance scene in India and has come to represent aspiration and ingenuity. We set out on a quest to discover Ashneer Grover’s mysterious net worth in this post. Grover’s narrative, from his modest origins to his quick ascent in the business world, is one of tenacity, fortitude, and sound financial judgment.

Net worth of ashneer grover

Quick Summary

  • Ashneer Grover, an Indian entrepreneur, co-founded BharatPe, a fintech company revolutionizing digital payments for merchants in India.
  • Grover’s journey is marked by his prior experience in finance and entrepreneurship, having worked with companies like Citibank and Yes Bank before venturing into his own startup.
  • With innovative solutions and a focus on empowering small businesses, BharatPe grew rapidly, attracting significant investments and gaining widespread recognition in the Indian fintech ecosystem.
  • Despite facing challenges and controversies along the way, Grover’s leadership and determination have played a pivotal role in BharatPe’s success, positioning the company as a key player in India’s digital payments landscape.

Also Read: Ashneer Grover (Managing Director of BharatPe) Biography

Who Is Ashneer Grover 

Ashneer Grover is a well-known name in the Indian financial industry. He is a dynamic entrepreneur with a track record of building and scaling businesses. Ashneer has come a long way to become one of the most prominent names in the industry. Ashneer Grover’s net worth is approximately $108 Million Dollars or INR 790 Crores. Let us take a look at the major milestones in the business life of Ashneer Grover:

  • Ashneer completed his MBA from the Indian Institute of Management, Ahmedabad. He began his career with Kotak Investment Bank. He worked on various strategic projects, gaining an understanding of the Indian market.
  • In 2013, Ashneer joined American Express as the director of corporate development. During his stint, he was instrumental in driving the company’s growth in the country.
  • In 2015, Ashneer co-founded Grofers, an online grocery delivery service. Under his leadership, the company grew rapidly. He was able to attract customers and raise millions of dollars in funding. Today, Grofers is one of the leading online grocery delivery services in India.
  • In 2020, Ashneer Grover took over as the CEO of BharatPe. It is a fintech startup offering QR code-based payment solutions to small merchants.
  • Under his leadership, BharatPe had grown exponentially. It became one of the fastest-growing companies in the Indian fintech space. A major part of Ashneer Grover’s net worth is due to BharatPe.
  • In 2021, Ashneer Grover appeared as a judge on the first season of the popular show Shark Tank. Ashneer Grover in Shark Tank was an impactful judge. While his stint on the show made headlines, his attitude also raised a few brows.

We can attribute Ashneer Grover’s success to his entrepreneurial spirit. His passion for driving change in the industry is also remarkable. 

Net worth of ashneer grover

According to Forbes India, Ashneer Grover’s net worth was $200 million in 2024. The publication recognizes Grover as one of the youngest CEOs in India listed on the stock exchange. Here are the details:

  • Ashneer Grover’s net worth in rupees is expected to be in triple-digit crores.
  • According to Forbes India, Ashneer Grover’s net worth was $200 million in 2024. The publication recognizes Grover as one of the youngest CEOs in India listed on the stock exchange.
  • Grover’s financial success is attributed to his impressive leadership skills and business acumen.
  • He co-founded BharatPe, a digital lending and payments start-up, in 2018. He secured funding of over $900 million by 2024, with a valuation of $2.85 billion.
  • Forbes India recognizes Grover’s ability to turn things around as a ‘turnaround man’. They attribute his success to his experience in scaling businesses.
  • Additionally, Grover’s in-depth knowledge and experience in finance and technology fields have also contributed significantly to Ashneer Grover’s net worth.
  • Before co-founding BharatPe, he worked with Yes Bank, Kotak Mahindra Bank and Paytm.
  • Ashneer Grover’s financial success can be attributed to his business acumen and experience.

Net worth of ashneer grover

Bharatpe founder ashneer grover net worth: According to reports, Ashneer Grover, the former Managing Director of BharatPe, boasts a substantial net worth estimated at USD 108 million, equivalent to approximately Rs 790 crores in Indian currency as of 2023.

His annual salary is reported to be USD 12 million, equivalent to around Rs 100 crores, while his monthly earnings are approximately USD 1 million or Rs 8.2 crores.

According to reports, Ashneer Grover’s net worth in 2022 was estimated at USD 95 million, an increase compared to the preceding years. In 2021, his net worth was reported at USD 82 million, followed by USD 73 million in 2020, USD 65 million in 2019, and USD 59 million in 2018.

Investment: Ashneer Grover, a seasoned Angel Investor, played a key role in co-founding the Indian fintech startup BharatPe back in 2018. He was also a Judge in the first season of Shark Tank India. As an active investor, Grover has made investments in various startups across diverse sectors, spanning from fintech and health tech to auto tech.

Ashneer Grover Car Collection

Grover’s car collection is one of the most impressive in India. It includes a wide range of vehicles from classic and vintage cars to modern supercars. Ashneer Grover collection includes some of the most exclusive and expensive cars in the world, including a Mercedes Maybach S650, Porsche Cayman, Mercedes Benz GLS 350, Audi A6, and Hyundai Verna.

  • Mercedes Maybach S650
  • Porsche Cayman
  • Mercedes Benz GLS 350
  • Audi A6
  • Hyundai Verna

Ashneer Grover BharatPe Founder

Ashneer Grover became the Chief Financial Officer of Paytm in 2016. He was a key factor in the company’s development and expansion. It is one of India’s top providers of digital payments and financial services. He was in charge of creating reliable financial systems and procedures. Grover oversaw the company’s fundraising initiatives and oversaw relationships with important stakeholders.

Also Read: ‘My Shares In BharatPe Worth ₹1,800 Cr Are Mine’, Says Ashneer Grover After Delhi HC Verdict; Deletes Post Moments After Publishing!

Net worth of ashneer grover

Ashneer Grover left his position as Paytm’s CFO in 2020 to launch BharatPe, his own company. BharatPe is an Indian platform that facilitates payments and lending to small and medium-sized businesses. BharatPe’s CEO and co-founder was Ashneer Grover. He was in charge of advancing the growth strategy and vision of the business. BharatPe had expanded quickly under his direction to be among India’s top fintech companies. With more than 6 million retailers as users, it is present in more than 35 cities.

Frequently Asked Questions (FAQs)

How much is BharatPe Net worth?

Funding for BharatPe totals 680.5 million dollars. In July 2021, BharatPe was valued between $2,850 million and $2,750 million. BharatPe has quickly become more prominent in the Indian digital payments sector by providing small and medium-sized enterprises with payment options based on QR codes. Significant finance has also been secured for the business from investors, including a number of well-known venture capital firms. Please be aware, though, that a company’s valuation may alter over time as a result of a number of variables, including investments, market dynamics, and growth trajectory.

How much does Ashneer Grover earn in a year?

In FY22, BharatPe paid Ashneer Grover a salary of Rs 1.69 crore. Ashneer has additionally made a number of successful investments. An estimated $9 million is made from these each year. Thus, it is anticipated that Ashneer Grover has a net worth in the millions. Please be aware, though, that a number of factors may cause the valuation to alter over time.

What is the monthly income of Ashneer Grover?

According to Forbes, his monthly income is estimated to be around $83,000 as of May 2024. This is based on his stake in the company, which was valued at $2.85 billion in its latest funding round. Ashneer Grover’s net worth is thus in the millions.

Is Bharat Pay profitable?

The BharatPe Ashneer Grover controversy affected the company for two financial years. As per the media reports from the end of 2021, BharatPe claimed to be on track. They are set to achieve profitability in the current financial year (FY22). Its gross revenue increased by 4.5 times in the first half of FY22.

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