You’ve heard the name Ashneer Grover before, right? Of course you have – he’s the outspoken shark on Shark Tank India who doesn’t mince his words. Love him or hate him, you can’t ignore him. But have you ever wondered what Ashneer Grover’s net worth is? The controversial co-founder of BharatPe is a self-made billionaire today. But how did he get there and how much is he really worth? Rumour has it that his net worth in 2024 could cross Rs 7,000 crore! Let’s take a look at Ashneer Grover’s journey so far and make an estimate of his net worth in the coming years. This man has led an interesting life and his success story is one for the books. Read on to find out all about the riches of the Shark Tank India judge who loves bling – Ashneer Grover!
| Name: | Ashneer Grover |
| Net Worth: | $108 Mn or Rs 900 Cr |
| Monthly Income: | 7 Lakh + |
| Profession: | Former Managing Director of BharatPe |
| Age: | 41 Years |
| Yearly Income: | 74 Crore + |
| Nationality: | Indian |
| Date Of Birth: | 14-Jun-1982 |
| Birth Place: | Delhi |
| Gender: | Male |
| Parents: | Ashok Grover, Neeru Grover |
Ashneer Grover’s Journey to BharatPe
Ashneer Grover’s entrepreneurial journey started over a decade ago. After completing an MBA, Grover landed a job at Kotak Investment Bank where he worked for over 10 years, gaining valuable experience in the banking and finance sector.
In 2018, Grover’s experience as the head of business development and payments at PC Jeweller sparked the idea of starting a payments company, and BharatPe was born. As co-founder and managing director of BharatPe, Grover helped build the company into one of India’s leading fintech startups, providing merchants with a single QR to accept UPI payments and generating over ₹300 billion in annual transactions.
Through his role at BharatPe and appearance as a “shark” on Shark Tank India, Grover has become somewhat of a controversial figure. His brash style and lavish displays of wealth have garnered both praise and criticism. However, there’s no denying his business acumen and the instrumental role he played in BharatPe’s success.
In early 2022, Grover resigned from his position at BharatPe amid allegations of financial misconduct. While his departure from the company was tumultuous, Grover’s stake in BharatPe still contributes significantly to his overall wealth and net worth, which currently stands at over $100 million.
Though Grover is no longer involved in BharatPe’s day-to-day operations, his impact on and contributions to the Indian fintech sector are undeniable. His journey from investment banker to startup founder and billionaire serves as an inspiration, proving that with hard work, vision and perseverance, anyone can achieve great success. Also Read: Anupam Mittal Net Worth.
Ashneer Grover’s Net Worth Before BharatPe
Before co-founding BharatPe in 2018, Ashneer Grover had already amassed an impressive fortune. His net worth at the time was estimated to be around $70 million.
| Year | Net Worth |
| 2018 | $66 Million |
| 2019 | $74 Million |
| 2020 | $82 Million |
| 2021 | $90 Million |
| 2022 | $99 Million |
| 2023 | $108 Million |
Grover earned his Master of Business Administration degree from the Indian Institute of Management Ahmedabad, one of the top business schools in India. After graduating, he worked as an investment banker at Kotak Mahindra Bank for several years. This provided him with valuable experience in finance and dealmaking that would serve him well as an entrepreneur.
In 2011, Grover founded Grofers, an Indian grocery delivery startup. Though Grofers struggled at first, Grover was able to raise substantial funding from investors and build the company into a major player in India’s e-commerce industry. When Grofers merged with BigBasket in 2020, Grover’s stake in the combined company added significantly to his wealth.
Grover has also invested in other startups, including the popular food delivery service Swiggy and the insurance aggregator PolicyBazaar. These investments have generated strong returns and boosted his net worth.
In addition to his business ventures, Grover earns money from speaking engagements, appearing on television shows like Shark Tank India, and consulting for various companies. He lives an opulent lifestyle, enjoying luxurious mansions, lavish vacations, and expensive hobbies.
Though controversial at times, Ashneer Grover’s success as an entrepreneur and investor has made him enormously wealthy. His net worth before launching BharatPe demonstrates his sharp business acumen and ability to spot opportunities in India’s rapidly growing startup ecosystem.
How BharatPe Made Ashneer Grover a Billionaire
BharatPe’s rapid growth and success have been instrumental in making Ashneer Grover a billionaire. As the co-founder and former managing director of BharatPe, Grover owns about 9.5% of the company, which has skyrocketed in value.
| Net Worth (2023) | $108 Million |
| Net Worth Indian Rupees | Rs 900 Crore INR |
| Profession | Former Managing Director of BharatPe |
| Monthly Income | $7 Lakh + |
| Yearly Income | $74 Crore + |
| Organization founded | BharatPe |
| Last Updated | 2024 |
In 2018, Grover co-founded BharatPe, a fintech startup that allows merchants to accept UPI payments and provides working capital loans to small businesses. The company has raised over $700 million in funding and is now valued at $2.85 billion. Grover’s stake in the company is worth around $270 million, making it the primary source of his wealth.
BharatPe’s success is a testament to Grover’s business acumen and vision. Under his leadership, BharatPe became one of India’s fastest growing fintech startups, reaching a valuation of $2.85 billion in just over 3 years. The company now serves over 6 million merchants across India.
Though Grover left BharatPe in 2022 amid controversy, he retains his ownership stake in the company. His shares will likely continue to gain value as BharatPe grows, further adding to Grover’s fortune.
In addition to BharatPe, Grover has invested in other startups like Swiggy and PolicyBazaar. He also earns money from speaking engagements, his role on Shark Tank India, and other business ventures. Grover leads an extravagant lifestyle and enjoys spending his money on luxurious items like expensive beds, cars, and more.
While Grover’s net worth has been estimated at around $108 million, the bulk of his wealth still comes from his stake in BharatPe. The company’s success has been instrumental in propelling Grover into the ranks of India’s wealthiest entrepreneurs and turning an ambitious startup founder into a billionaire. BharatPe’s growth and trajectory suggest Grover’s net worth will likely continue climbing in the years to come.
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Ashneer Grover’s Share in BharatPe
As a co-founder of BharatPe, Ashneer Grover owns a sizable stake in the company, which has significantly contributed to his net worth. In 2022, Grover’s share of BharatPe was reportedly valued at around $84 million. Let’s take a look at how Grover’s stake in BharatPe has grown over time and what it means for his overall wealth.
When BharatPe was founded in 2018, Grover held 49% of the company’s shares. However, in 2020 Grover transferred some of his shares to fellow co-founders Bhavik Koladiya and Shashvat Nakrani. As part of this transaction, Grover was supposed to pay Rs 24,470 to Nakrani and Rs 7,450 to Koladiya. After this transfer, Grover’s stake decreased to 31.9% but the value of his remaining shares skyrocketed as BharatPe grew.
BharatPe has become one of India’s leading fintech companies, providing merchants with payment processing services and business loans. The company’s rapid growth and success have caused Grover’s stake to appreciate substantially. Although Grover’s percentage ownership in BharatPe has decreased over time, the overall value of his shares has increased exponentially. His remaining stake in this thriving company comprises a significant portion of Grover’s wealth and net worth.
Going forward, Grover’s net worth is poised to increase even further as BharatPe continues its upward trajectory. However, there is also a chance Grover may sell some of his shares or reduce his stake in the company. As an entrepreneur and investor, Grover is likely to put some of the proceeds from any sale of BharatPe shares into his next business venture or investment. Regardless of what the future may hold, Grover’s early bet on BharatPe and the growth of his stake over time have been instrumental in establishing his status as a billionaire and one of India’s most prominent startup founders. Also Read: Aman Gupta Net Worth.
Ashneer Grover’s Other Investments and Assets
Ashneer Grover is a savvy investor and has stakes in various startups and businesses. Some of his major investments include:
| Assets: | 5 Lakh |
| Gold Reserves: | 75,000 + |
| Luxury Cars: | 5 + |
| Luxury Watches: | 10 + |
| Stock Portfolio: | 10 + |
| Luxury Yachts: | 1 + |
| Crypto Investments: | 1 Crore + |
| Investment: | 40 Crore + |
| Royalty Income: | 10 Lakh |
| Business Income: | 5 Lakh |
| Other Income: | 20 Lakh |
| Loans & Liabilities: | 1 Crore + |
| Annual Expense: | 8 Lakh + |
| Taxes Paid: | 7,00,000 + |
- Rupifi: Ashneer invested in Rupifi, a B2B payments startup, in 2021. The investment amount is undisclosed but likely to be sizeable given Ashneer’s net worth.
- YAP: Ashneer invested in YAP, an AI-based credit underwriting startup, in 2020. Again, the investment amount is not public but probably substantial.
- Ribbit Capital: Ashneer invested in Ribbit Capital, a fintech venture capital firm based in the US. Ribbit focuses on early-stage investments in fintech startups. Ashneer’s investment in Ribbit allows him to indirectly invest in multiple fintech startups.
- IndiaGold: Ashneer invested in IndiaGold, an online gold investment platform. The investment amount is undisclosed.
- Nazara Technologies: Ashneer invested in Nazara Technologies, a mobile gaming and sports media platform based in India. Nazara is a publicly traded company, so Ashneer’s investment has likely appreciated significantly.
In addition to startup investments, Ashneer owns other valuable assets:
- Luxury cars: Ashneer owns several high-end cars like a Bentley, Porsche, Mercedes, and BMW. The total value of his car collection is over ₹5 crore.
- Luxury watches: Ashneer is an avid watch collector and owns watches from brands like Rolex, Audemars Piguet, Richard Mille, and Patek Philippe. His watch collection is valued at over ₹10 crore.
- Real estate: Ashneer owns luxury homes in Delhi and Mumbai worth over ₹50 crore. He is also invested in commercial real estate.
- Cash and deposits: Ashneer holds cash, bonds, and deposits worth over ₹20 crore.
Ashneer’s varied investment portfolio and valuable asset holdings contribute significantly to his massive ₹899 crore net worth. His investments and assets are poised to appreciate further in the coming years, cementing his status as one of India’s most successful entrepreneurs and investors.
Estimating Ashneer Grover’s Net Worth in 2024
In just a few short years, Ashneer Grover has become a household name and amassed an impressive fortune. By 2024, his net worth is projected to grow to around $70 million. Not bad for a guy who was virtually unknown just half a decade ago!
| Year | Estimated Net Worth | Source of Wealth |
| 2019 | ₹ 50 crore (US$7 million) | Founding and investments in various startups |
| 2020 | ₹ 150 crore (US$21 million) | Founding and investments in various startups |
| 2021 | ₹ 250 crore (US$35 million) | Founding and investments in various startups |
| 2022 | ₹ 500 crore (US$71 million) | Founding and investments in various startups |
| 2023 | ₹ 900 crore (US$100 million) | Founding and investments in various startups |
How did Grover build such wealth in such a short time? The answer lies primarily in BharatPe, the fintech company he co-founded in 2018. BharatPe has innovated digital payments in India, allowing merchants to accept UPI payments and providing loans to small businesses. The company’s solutions and rapid growth have led to a skyrocketing valuation. Grover owns a sizable stake in BharatPe, so as the company’s value increased, so did his net worth.
Grover is also a savvy investor and has put money into various startups, such as the food delivery service Swiggy and the insurance platform PolicyBazaar. These investments, combined with his BharatPe shares, make up the bulk of Grover’s assets. He leads an extravagant lifestyle and enjoys spending money on luxury items like sports cars. However, most of his wealth remains tied up in investments.
In addition to his business ventures, Grover earns money from his appearances on Shark Tank India, as well as from public speaking engagements and consulting work. While the exact figures are unknown, it’s estimated he makes several crore rupees from these activities each year.
Between the rising value of BharatPe, Grover’s investments, and his other income sources, his net worth is poised to reach Rs 550 crore or $70 million USD in 2024. Of course, business valuations and investment returns can fluctuate, so this figure could end up being higher or lower. But one thing seems certain: Ashneer Grover will remain one of India’s most prominent startup founders and investors for years to come.
How Ashneer Grover Spends His Money
Ashneer Grover is known for enjoying the finer things in life. When you have a net worth of over $100 million, why not treat yourself? As an entrepreneur and investor, Grover works hard for his money and believes in reaping the rewards.
Grover owns an opulent mansion in a posh area of Delhi which is said to be worth well over $10 million. The lavish property features imported marble floors, chandeliers, and luxury furnishings fit for an emperor. Grover also has an enviable car collection, including models from BMW, Audi, and Mercedes-Benz.
Beyond real estate and vehicles, Grover spends generously on travel. He frequently jets off to exotic locales like the Maldives, Dubai, and Italy on extravagant holidays with his family. Grover also hosts lavish parties where the champagne flows freely. For his 40th birthday bash, Grover flew in artists like Badshah and Guru Randhawa to perform.
However, Grover isn’t just about conspicuous consumption. He also gives back generously to charities and social causes he believes in. Grover has donated to disaster relief funds as well as children’s education charities. He also supports several startups through his investments, as he wants to help nurture entrepreneurship in India.
While Grover enjoys an indulgent lifestyle, he continues to work hard to build new companies and increase his wealth. His fintech firm BharatPe has grown exponentially and shows no signs of slowing down. If all goes well, Grover’s net worth could cross $200 million in the next couple of years, allowing him to live even larger and make an even bigger impact through his philanthropy. For now, Grover serves as an inspiration that with hard work and perseverance, one can achieve great success and enjoy the rewards.
Ashneer Grover’s Tips for Entrepreneurial Success
To achieve the same level of success as Ashneer Grover, you’ll need to take risks and adapt to change. According to Grover, the keys to entrepreneurial success are:
Be willing to take risks. As Grover says, “Taking the plunge into entrepreneurship is necessary to achieve success.” Don’t be afraid to leave your comfort zone or stable job to chase your dreams. The rewards of entrepreneurship far outweigh the risks if you have a solid vision and work hard to achieve it.
Embrace change. The business world is constantly evolving. Grover emphasises that “adaptability in a rapidly changing business landscape” is essential. Be willing to change strategies and plans to match trends and customer needs. What worked yesterday may not work tomorrow, so stay on the cutting edge.
Find the right investors. Grover believes that “VC investors should possess certain qualities for the success of startups.” Look for investors who share your vision and values. They should provide mentorship and guidance, not just capital. Build strong relationships with your investors so you can work as partners.
Develop a clear vision. As an entrepreneur, you need to have a strong vision and mission to guide your business. Know exactly what problem you want to solve or what audience you want to serve. Let that vision drive all of your decisions and strategies. With hard work and determination, you can turn your vision into a reality.
Stay passionate. Successful entrepreneurs like Grover have an undying passion for their work. Pour your heart and soul into your business each and every day. Your passion will inspire your team and fuel creativity. It will also give you the motivation to push through obstacles and setbacks. Maintaining your passion and enthusiasm is key to entrepreneurial success.
Following these tips from the master himself will set you on the path to becoming a successful entrepreneur in your own right. Take the risks, embrace change, find the right partners, develop a vision, and stay passionate—that’s the formula for achieving Grover-level success.
FAQs on Ashneer Grover Net Worth in Rupees 2024
How much is Ashneer Grover worth? Ashneer Grover’s estimated net worth in 2024 is around $107 million (Rs 790 Crores). The majority of his wealth comes from his stake in BharatPe, the company he co-founded.
How much does Ashneer Grover earn?
Ashneer Grover earns an estimated $74 Crore + per year. His main sources of income are:
- His stake in BharatPe gives him a share of the company’s profits.
- Investments in other startups like Swiggy and PolicyBazaar.
- Appearing on Shark Tank India, where he likely earns a sizable amount.
- Consulting work and speaking engagements.
- Personal investments in real estate, stocks, and other assets.
What is Ashneer Grover’s monthly income?
Ashneer Grover’s monthly income is estimated to be around $7 Lakh. However, his income likely varies from month to month based on factors like BharatPe’s performance, investment returns, and speaking or consulting work.
How does Ashneer Grover spend his money?
Ashneer Grover enjoys living an opulent lifestyle. He likely spends money on:
- Luxury cars like BMWs, Audis and Mercedes.
- Fancy homes. He owns lavish properties in Delhi and Mumbai.
- He frequently posts photos from exotic vacations on social media.
- Fine dining. He often shares photos of gourmet meals at upscale restaurants.
- Designer clothes and accessories. His stylish outfits suggest he has expensive taste.
Ashneer Grover has built an impressive fortune through hard work, business savvy and financial investments. His success and extravagant lifestyle continue to capture the attention of aspiring entrepreneurs and the media. While his spending habits appear lavish, he has earned the right to enjoy the fruits of his labour. His journey from humble beginnings to billionaire status serves as an inspiration. Also Read: Amber Heard Net Worth.
Conclusion
So there you have it – a glimpse into the current net worth and future prospects of Ashneer Grover, one of India’s most successful and controversial entrepreneurs. While his exact net worth is hard to pin down, most estimates put it well into 9 figures in dollars. With his keen business acumen and the pending stakes in BharatPe, Grover seems poised to continue growing his fortune in the years ahead. But only time will tell whether he can replicate his past success and earn his way back to billionaire status. For now, his net worth journey serves as a fascinating case study on both the opportunities and risks of succeeding in India’s dynamic startup ecosystem. Regardless of what the future holds, Grover will remain one of the country’s most unforgettable business personalities for both good and bad reasons. That wraps up our look at estimating Ashneer Grover’s net worth – hopefully you found it an insightful read! Let us know your thoughts in the comments.
