Ashneer Grover Age, Wife, Children, Family, Biography & More

Bio/Wiki
Profession Businessman
Famous For Being the Managing Director and Co-Founder at BharatPe
Physical Stats & More
Height (approx.) in centimeters– 170 cm
in meters– 1.70 m
in feet & inches– 5’ 7”
Weight (approx.) in kilograms– 75 kg
in pounds– 165 lbs
Eye Colour Black
Hair Colour Salt and Pepper
Career
Debut Vice President (VP): Kotak Investment Banking (2006-2013) [1]Ashneer Grover- Linkedin
Awards • In 2019, he got a chance to represent BharatPe and India cashless at the Asia Pacific Initiative Forum.
• In 2021, he won the Entrepreneur of the year award and his company BharatPe won the emerging company of the year award.
• In 2021, he was in the list of 40 Under 40 India’s brightest young business minds by Fortune India. [2]Fortune India
Personal Life
Date of Birth 14 June 1982 (Monday)
Age (as of 2023) 41 Years
Birthplace New Delhi
Zodiac sign Gemini
Nationality Indian
College/University • Indian Institute Of Technology, Delhi
• Indian Institute of Management, Ahmedabad
• INSA Lyon Institute National Des Science Appliquees de Lyon, France
Educational Qualification [3]Ashneer Grover- Linkedin • Graduation in B. Tech.
• M.B.A. in Management and FinanceNote: He pursued two years of his B.Tech. at INSA Lyon Institute National Des Science Appliquees de Lyon in France as part of the ‘student exchange programme.’
Controversies • In January 2022, Kotak Mahindra bank alleged that a employee from their bank was threatened and abused in an audio clip shared by a Twitter account named @BabuBongo. The bank alleged that the abusers were Ashneer Grover and his wife Madhuri Grover. In a tweet, Grover claimed that the audio was fake. He wrote,
“Folks. Chill. It’s a fake audio by some scamster trying to extort funds (USD 240,000 bitcoins). I refused to buckle. I’ve got more character. And, internet has got enough scamsters.”
The bank said that Grover and his wife threatened the employee because in 2021, Kotak Mahindra Bank had refused to give shares worth ₹ 500 crore to Grover during the launch of Nykaa’s IPO. After this, Grover also sent a legal notice to the bank claiming that the refusal led to their inability to participate in the Nykaa IPO, and they also lost an investment opportunity. [4]NDTV Days after the viral audio clip that exposed a fight between Mr Grover and the Kotak Mahindra Bank, he took voluntary leave till March-end 2022. Later, in a statement, the company said, “For now, the board has accepted Ashneer’s decision which we agree is in the best interests of the ‘company, our employees and investors, and the millions of merchants we support each day.” [5]NDTV• In 2021, his company BharatPe got into a controversy after a competitor PhonePe was launched. The fight between them was based on the same suffix of the app. [6]The Economic Times• In 2020, his company BharatPe got into controversy after they distributed pamphlets stating that their competitors like Paytm were not Indian based companies. The competitors filed law suit and asked the Reserve Bnak of India to stop such activities by BharatPe. [7]The Times of India

• On 1 March 2022, he resigned as BharatPe’s managing director minutes after he received an upcoming board meeting agenda. Reportedly, the agenda included consideration of action against him based on the report submitted by advisory firm PwC. [8]The Hindu

• On 10 May 2023, the Delhi Police’s Economic Offences Wing (EOW) filed a FIR (first information report) against Ashneer Grover, his wife, Madhuri Jain Grover, and family members Deepak Gupta, Suresh Jain, and Shwetank Jain for an alleged Rs. 81 crore fraud in December 2022 complained by BharatPe. They were charged under eight sections of serious cognisable criminal offences, including 409 (criminal breach of trust by public servant, banker, merchant, or agent), 420 (cheating and dishonestly inducing delivery of property), 467 (forgery of valuable security, will, etc.), and 120B (criminal conspiracy). [9]Hindustan Times

• In September 2023, Ashneer Grover stirred controversy with his remark about Indore being named India’s cleanest city in a central government survey; he characterised it as a ‘bought’ accolade at an event. Following this, a case was filed against Ashneer under Sections 499 and 500 (defamation and its punishment) of the Indian Penal Code. Ashneer, on the other hand, addressed the issue on X (formerly Twitter) where he remained unapologetic for his comments. He clarified that his remarks were made in a light-hearted manner during a conversation comparing Bhopal and Indore.

Relationships & More
Marital Status Married
Marriage Date 4 July 2006
Family
Wife/Spouse Madhuri Jain Grover (entrepreneur)
Children Son– Avy

Daughter– Mannat
Parents Father– Ashok Grover (chartered accountant) – passed away on 28 March 2023 [10]The Times of India

Mother– Neeru Grover (teacher)
Favourites
Food Tandoori Chicken
Movies Zindagi Na Milegi Dobara (2011), Dil Dhadakne Do (2015)
Note: Ashneer only watches Hindi movies, he never watches Hollywood movies.
Style Quotient
Car Collection [11]GQ India • Mercedes-Maybach S650

• Porsche Cayman

• Mercedes Benz GLS 350
• Audi A6

Some Lesser Known Facts About Ashneer Grover

  • Ashneer Grover, an Indian businessman, has gained recognition as the Co-Founder and Managing Director of BharatPe.
  • During his studies at IIT, he was chosen as one of the six students for an exchange program in France.
  • Ashneer Grover began his professional journey in 2006 as a Vice President at Kotak Investment Banking, where he dedicated over seven years of his career. In 2013, he transitioned to American Express, assuming the role of Director in Corporate Development. Two years later, in 2015, he took on the position of Chief Financial Officer at Grofers. Simultaneously, in April of that same year, Grover commenced his role as the chief financial officer at “blinkit,” an internet company based in Gurgaon, Haryana. In 2017, he became the Head of New Business at PC Jeweller Ltd.
  • In 2018, Ashneer co-founded BharatPe, a payment company, along with Shashvat Nakrani and Bhavik Koladiya. The company aimed to enable small merchants and Kirana store owners in India to accept offline payments through UPI without any charges. The company’s headquarters were located in New Delhi, where Ashneer currently resides and works from his office at BharatPe.
  • During an interview, Madhuri, his wife, discussed how her husband embarked on his career with the intention of surpassing the limitations of a corporate job. We all understood that this journey would inevitably pose challenges and risks. Nevertheless, his resolute determination left no room for doubt regarding our unwavering support for him.
  • When he established his company, his wife Madhuri took on the role of HR and oversaw finance and other internal operations at BharatPe. During an interview, she mentioned that she recognized the need for assistance from Ashneer and BharatPe. Since my own business operated in a walk-in studio format, which didn’t demand my constant attention, I volunteered to lend a hand. After joining the company, it became apparent that there was a need for a senior individual to oversee various internal operations.
  • BharatPe appointed several cricketers as their brand ambassadors in 2021. The list includes Rohit Sharma, Jasprit Bumrah, KL Rahul, Mohammed Shami, Ravindra Jadeja, Suresh Raina, Shreyas Iyer, Prithvi Shaw, Sanju Samson, Yuzvendra Chahal, and Shubman Gill.
  • Unity Small Finance Bank was launched in 2021 as a collaborative effort between BharatPe, his company, and Centrum, a marketing company.
  • Ashneer, a participant in the Indian version of the television show ‘Shark Tank,’ was selected as the inaugural judge for the show ‘Shark Tank India’ on Sony TV in 2021. The show provides a platform for entrepreneurs to present their business ideas to potential investors and persuade them to invest. ‘Shark Tank India’ is an adaptation of the popular American show ‘Shark Tank.’
  • During an interview, his spouse mentioned that their kids assisted them in putting up posters when they first launched the app. She further explained that their older child, in particular, has a deep understanding of the app. They have had occasions where both she and her children have placed BharatPe stickers at different merchant stores. Recently, while dining at a restaurant where her son had previously placed a sticker, he noticed its absence. Not only did he observe it, but he also encouraged her to investigate why it was missing. He had numerous inquiries about who might have taken it down and the underlying reasons. I believe that in their own unique ways, they also feel a strong connection and take pride in being associated with BharatPe.
  • His wife and children accompany him as he indulges in the joy of discovering new places.
  • Ashneer took to Instagram to reveal that he identified as a teetotaler, shining a light on his drinking habits.
  • He announced on Twitter in November 2022 that he had written a book called “Doglapan,” which he referred to as his extraordinary life story.

After reading the book, either you will quit your job completely or you will continue doing the job for the rest of your life. At least you won’t be stuck in between.

Experience absolute clarity in life by indulging in the incredible narrative of my personal journey! Secure your own copy of ‘Doglapan’ today, available for purchase on Amazon. https://t.co/snrfbhGRE5 pic.twitter.com/rNhTld8mWr

On November 10, 2022, a tweet was posted by Ashneer Grover (@Ashneer_Grover).

  • He became a cast member of Pitchers 2, an Indian Hindi-language web series, in December 2022.

  • During the interview, he disclosed that his name was formed by merging his parents’ names. The element ‘Ash’ originated from his father’s name, Ashok, while ‘Neer’ derived from his mother’s name, Neeru. [13]YouTube
  • Ashneer Grover was featured in a promo video released by the creators of the reality TV show ‘Roadies 19: Karm ya Kaand’ in May 2023.

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