“Ashneer Grover: A Prominent Indian Entrepreneur and Co-Founder of BharatPe”
Ashneer Grover is a prominent figure in the Indian startup ecosystem, known for his entrepreneurial spirit and business acumen. He is the co-founder and Managing Director of BharatPe, a fintech startup that provides digital payment solutions to small merchants in India.
Born and brought up in Delhi, Ashneer completed his Bachelor’s degree in Civil Engineering from the prestigious Indian Institute of Technology, Delhi. He then pursued an MBA in Finance from the Indian Institute of Management, Ahmedabad, and also spent a year studying at INSA Lyon in France.
After completing his education, Ashneer started his career as an investment banker at Kotak Mahindra Bank. He then moved on to work at American Express, where he gained valuable experience in the financial services industry. In 2014, he joined the e-commerce startup, Grofers, as its CFO, where he played a key role in raising funds and managing the company’s finances.
In 2017, Ashneer decided to start his own venture, and along with his co-founder, Shashvat Nakrani, he launched BharatPe. The company’s mission is to empower small merchants in India by providing them with easy and convenient digital payment solutions. BharatPe’s unique business model allows merchants to accept payments from multiple payment apps through a single QR code, thereby simplifying the payment process and reducing transaction costs.
Under Ashneer’s leadership, BharatPe has grown rapidly and is now valued at over $2 billion. The company has raised over $880 million in funding from leading investors, including Coatue Management, Tiger Global, and Ribbit Capital.
Ashneer is also a well-known personality in the startup community and has been featured in various media outlets. He was a judge on the first season of the Indian version of the popular reality TV show, Shark Tank. In 2021, he released his book, DOGLAPAN: The Hard Truth About Life and Startup, which chronicles his entrepreneurial journey and provides valuable insights into the startup ecosystem.
In conclusion, Ashneer Grover is a successful entrepreneur who has made significant contributions to the Indian startup ecosystem. His innovative approach to digital payments has helped small merchants across India, and his entrepreneurial journey serves as an inspiration to aspiring entrepreneurs.