Biography Of Ashneer Grover.
Ashneer Grover is a successful Indian entrepreneur, best known as the CEO and founder of BharatPe, a mobile payments company that aims to make financial services more accessible to small merchants across India. Born on January 4, 1985, in Delhi, Grover completed his schooling at Delhi Public School and went on to earn a Bachelor’s degree in Engineering from the Delhi College of Engineering.
After completing his studies, Grover worked for several companies, including IBM and Citigroup, where he gained valuable experience in the finance and technology sectors. In 2010, he moved to London to pursue an MBA at the London Business School. During his time there, he developed a strong interest in entrepreneurship and began exploring various startup ideas.
After completing his MBA, Grover returned to India and started his first company, iKaaz, in 2012. iKaaz was a mobile payments company that aimed to provide a seamless and secure payment experience to customers. Although the company gained some traction, it struggled to scale and was eventually acquired by Bangalore-based payments company One97 Communications in 2017.
Following the acquisition, Grover joined One97 as the CEO of its payments business. In this role, he oversaw the growth of the company’s digital payments platform, Paytm, which became one of the largest mobile payments providers in India. However, Grover’s entrepreneurial spirit was still burning, and he soon began working on a new startup idea.
In 2018, Grover founded BharatPe with the goal of making digital payments more accessible to small merchants across India. The company’s flagship product is a QR code-based payment system that allows merchants to accept payments from any UPI-enabled app, such as Paytm, Google Pay, or PhonePe. BharatPe also offers a range of financial services to merchants, including loans and insurance.
Under Grover’s leadership, BharatPe has grown rapidly and is now one of the fastest-growing fintech startups in India. The company has raised over $400 million in funding from top investors, including Sequoia Capital, Coatue Management, and Ribbit Capital, and has expanded its services to over 35 cities across India.
Grover’s leadership and entrepreneurial spirit have not gone unnoticed, and he has received several accolades for his work. In 2020, he was named to Forbes India’s 30 Under 30 list and was also awarded the Entrepreneur of the Year award at the Economic Times Awards for Corporate Excellence. He has also been featured in several prominent publications, including The Economic Times, The Hindu Business Line, and TechCrunch.
In addition to his work at BharatPe, Grover is also involved in various philanthropic activities. He is a member of the board of advisors for the Akshaya Patra Foundation, a nonprofit organization that provides mid-day meals to school children in India. He has also been involved in fundraising efforts for various causes, including COVID-19 relief efforts and flood relief in Kerala.
In conclusion, Ashneer Grover is a successful Indian entrepreneur who has made significant contributions to the fintech industry in India. Through his leadership and innovative ideas, he has built BharatPe into a leading mobile payments and financial services provider, helping to drive financial inclusion for small merchants across the country. His dedication to philanthropic causes also serves as an inspiration to others, and he is widely recognized as one of the most promising young entrepreneurs in India today.
