You might be missing Ashneer Grover on Season 2 of Shark Tank India (STI). Why you shouldn’t be? He was the star of the show after all. He went from crunching numbers as an investment banker to making waves on Shark Tank India, all while dodging a fair share of controversies.
But what’s Ashneer Grover net worth right now? How rich is he right now, how many assets does he have, or what is he doing after leaving STI and resigning from BharatPe? We are going to crack it all. So, let’s dive right in.
Table of Contents
Ashneer Grover Net Worth & Income (In USD and Inr)
Get started with a quick snapshot of his income.
- Ashneer Grover’s Net Worth: $95 million
- Ashneer Grover’s Net Worth In Rupees: Rs. 790 Crores
- Ashneer Grover’s Yearly Salary: $12 million or Rs. 100 Crores
- Ashneer Grover’s Monthly Salary: $1 million or Rs. 8.2 Crores
Continue reading more to learn about his lifestyle and career progression.
Early Days and Geeky Beginnings
Ashneer Grover was born on June 14, 1982, in Delhi and grew up in a noble family. His father was a Chartered Accountant, and his mother was a teacher. Both his parents encouraged him from a young age and that’s one of the reasons he has success vibes flowing in his veins.
After completing his basic education in Delhi, Grover pursued a B.Tech in Civil Engineering from IIT Delhi. And that’s not the end of the story – he even took a detour to France as part of an exchange program with INSA Lyon University, living that international student life.
Grover wasn’t satisfied with just one degree. He decided to level up and scored an MBA in Finance from the legendary IIM Ahmedabad.
From Suits to Startups: The Journey
So, where did Grover kickstart his career? Well, he got into the finance world with Kotak Investment Banking (Mumbai) as a Vice President in 2006. He did many IPO deals and he worked there for seven whole years. After that, he joined American Express (Amex), India in the role of Director – Corporate Development in 2013.
He gained a lot of knowledge about finance and technology. He decided to join the startup party by becoming the CFO at Grofers which was an e-grocery venture. Seems like this guy had his fingers into many pies. Later, he even played the “Head of New Business” game at PC Jewellers Ltd. It’s like he was collecting job titles, right?
BharatPe: The Game-Changer For Ashneer
In 2018, Grover was like, “I’m not done yet.” Along with his buddies Shashvat Nakrani and Bhavik Koladiya, he co-founded BharatPe, a fintech company. They aimed to make digital payments a cakewalk for small businesses.
And they nailed it. BharatPe became a big shot in the fintech scene, and everyone was using it to pay up.
Ashneer & Shark Tank
He stepped into the spotlight as a Shark Tank judge, throwing money at cool startup ideas.
In, December 2021, Shark Tank was launched in India featuring Ashneer Grover along with Namita Thapar (exec. director of Emcure Pharmaceuticals), Aman Gupta (founder of boAt), Ghazal Alagh (founder of MamaEarth), Peyush Bansal (founder of Lenskart), and Vineeta Singh (founder of SUGAR Cosmetics).
In season 1, he invested over Rs. 5.85 Crores in 21 startups. Look over the investment timeline of Ashneer Grover in S1.
Week | Net Investment Of Ashneer Grover |
Week 2 | Rs. 2 Crores |
Week 4 | Rs. 5 Crores |
Week 6 | Rs. 5.85 Crores |
Week 7 (Finale) | Rs. 5.85 Crores |
Look over the list of startups Ashneer Grover invested in.
- Rs. 10 Lakhs in Nomad Foods (Heisenberg Foods)Rs. 10 Lakhs in Nomad Foods (Heisenberg Foods)
- Rs. 70 Lakhs in Tagz (Qans Consumer Products)
- Rs. 15 Lakhs in Brainwired (DraKon Innovations)
- Rs. 20 Lakhs in In A Can (RM Beverages LLP)
- Rs. 20 Lakhs in Skippi (Kabra Global Products)
- Rs. 50 Lakhs in Revamp Moto
- Rs. 25 Lakhs in Momo Mami (Bluepinefoods Private Limited)
- Rs. 15 Lakhs in Event Beep Techno services
- Rs. 20 Lakhs in Hair O (Kris Originals Private Limited)
- Rs. 25 Lakhs in Yarn Bazaar
Also, check the net worth of Bhuvan Bam, Amit Bhadana, and CarryMinati
Controversies: Resigned From BharatPe
But here’s where the plot thickens. In 2022, he got tangled in controversies involving his family and finances at BharatPe. The rollercoaster took a steep dive, and Grover left the company he built.
Ashneer has the 9.5% of shares in BharatPe making him one of the major investors. On January 5, 2022, an expletive-laden audio clip was leaked which created many misunderstandings, investigations, and controversies. He and his family were alleged for the misappropriation of funds.
Later he filed an arbitration with the Singapore International Arbitration Centre (SIAC). According to Ashneer, the investigation is illegal and brutally disrespectful. But his appeal was rejected which eventually led him to resign from his post as the managing director (MD) of BharatPe on 1 March 2022 at midnight.
“I hereby resign as the managing director of BharatPe, effective immediately. I also resign as a director of the Board. I will continue as the single largest individual shareholder of the company.”
Ashneer Grover said in his letter to BharatPe’s board.
However, this kick has also affected his net worth. [Read the net worth of Total Gaming also.]
Ashneer Grover’s Family And Assets
Ashneer lives in a posh area of South Delhi (Panchshila Park) with his family in an 18,000-square feet mansion worth approx. Rs. 30 Crores.
When he’s not hustling, Grover kicks back with his wife, Madhuri Jain Grover. She’s no ordinary lady – an entrepreneur herself with an interior design background. Together, they’re like the power couple of the business world. They’ve got two kids, Avy and Mannat, completing their squad.
He also has an impressive car collection that includes a Mercedes Benz GLS 350 (worth Rs. 2.5 Crores), Audi A6 (worth Rs. 59.84 Lakhs), Porsche Cayman (worth Rs. 1.32 Crores), Mercedes-Maybach S650 (worth Rs. 88.18 Lakhs), and Hyundai Verna (worth Rs.16.19 Lakhs).
Frequently Asked Questions
BharatPe’s revenue was Rs 456.8 crore during FY22.
Ashneer Grover is currently 41 years old as of 2023.
Ashneer Grover earns around Rs. 8 Crores per month.
Final Word on Ashneer Grover Net Worth: From Numbers to Headlines
Grover’s story has all the elements – academic brilliance, corporate gigs, startup shenanigans, reality TV stints, and a dash of controversy. With many highs and lows and twists and turns, he has a net worth of Rs. 790 Crores as of 2023.
Whether you love him, hate him, or are just plain curious, you can’t deny that Ashneer Grover has etched his name in the big ol’ book of Indian entrepreneurs.
*The net worth of Ashneer Grover is the estimation according to his income, assets, and investments.