Ashneer Grover, the former co-founder of BharatPe, has become a household name in India. He is the man who organized India’s unorganized payments industry. He recently appeared as a shark in the Indian version of the show Shark Tank. There, he helped fund various startups. He has a keen eye on startups that have a bright future ahead of them. Ashneer has invested in many startups over the years.
Ashneer Grover founded BharatPe, a payment app, in 2018 and will leave the company on February 28, 2022. Prior to that, he worked for a number of high-profile companies. Grofers, American Express, PC Jewelers Ltd. and Kotak Investment Bank are among them.
Here is the list of startups funded by him:-
They use cutting-edge food technology to create ultra-premium snack experiences for those who think with their taste buds and are also smart enough to read nutrition labels on the package.
This startup, founded in 2019, is a supplier of snacks and food products. Its aim is to promote a healthy snack and an active lifestyle. Potato chips, which are neither fried nor cooked, are their most popular snack. Ashneer’s most recent seed investment is in this company. He agreed a deal worth INR 70 lakh with a 2.5% stake.
It is a great learning platform that was created in 2008. It is intended for children between the ages of three and twelve. The startup improves his ability to read and speak English. It also helps in the development of conversational skills in children. Ashneer and other investors contributed $2.5 million to the company’s Seed VC round.
Zorro is an innovative pseudonymous social network that debuted in 2021. People write and freely express their opinions on this site. On this platform, users can wear a mask or create their own private identity. Grover, 3one4 Capital and twelve other investors contributed $3.2 million to the company’s funding round.
It is a 2021 based HR technology startup. It is a skills assessment platform that automates the HR interview process. HireQuotient helps companies better understand a candidate’s job-specific skills and make final recommendations. The startup’s goal is to revolutionize the non-tech hiring process. Ashneer and seven other investors contributed $1.8 million to the company’s pre-seed round.
It is a gamified investment and personal finance startup that was launched in 2020. It is a fantastic platform that allows players to become investors. Users can save, invest and earn higher returns than in a traditional savings account. Ashneer, Acequia Capital and eight other investors contributed $1 million to the company’s seed round.
It was founded in 2016 as a provider of coworking office space solutions for individuals and businesses. MyHQ provides coworking spaces for a monthly fee. These are areas within cafes and restaurants where people can work or hold meetings without having to rent the entire establishment. These locations provide wifi, food, and other necessities for working. Ashneer was one of many investors who participated in the company’s funding round. His financial investment in the business is unknown.
It is an online platform that sells and services hearing aids. The company was established in 2021. It provides hearing care professionals and patients with access to the world’s best hearing aid brands at reasonable prices. The platform connects patients with hearing problems to the country’s vast network of distributors. Currently, Ashneer is the only investor on this platform. Ashneer led an angel funding round for the company, but the amount was not disclosed.
It is a B2B digital platform that was established in 2020. Rupifi provides small and medium enterprises with loans, working capital and payment services. These are available based on credit scores. Businesses can make repayments later and better manage their finances. Ashneer was one of seven investors in the company’s pre-seed funding round, which raised $650,000.
It is a fintech startup that was founded in 2014. M2P Fintech has seasoned experts in the fintech and banking industries. They guide users and give them access to a reputable banking network. Banks, payment networks, businesses and merchants are all bound by the platform. This allows companies to collaborate on the development of their own branded payment products. Ashneer Grover and eight other investors contributed $4.5 million to the company’s Series A round.
It is a startup that provides children with smart cards to meet their financial needs. It all started in 2020. A child can use this app to learn how to earn, spend and save money. It provides children with a digital smart card for pocket money. Parents can transfer money using their app. Children can thus learn to manage their finances under the supervision of their parents. Grover and five other investors contributed $3 million to Junio’s seed round.
gold from india
This startup offers gold loans as well as gold locker services. It was established in 2020. The company provides instant gold loans with low interest rates and minimal documentation. Customers can also rent insured lockers from the company. Ashneer and nine other investors contributed INR 14 crore to the company.
It is a microcredit platform for students that was originally created in 2019. It uses machine learning and artificial intelligence to provide instant and short-term loans. Credit extensions, transparent costs and online support are among the services provided by the company. As a result, students have access to cash instantly. Ashneer and seven other investors paid an undisclosed sum to the company.
It is a technology recovery platform founded in 2018. It offers customized strategies for higher recovery rates at lower cost by leveraging automation intelligence and legal best practices. Credgenics helps banks and fintech lenders reduce critical non-performing assets (NPAs) (non-performing loans). Grover was one of eight investors who participated in a $25 million Series A funding round.
All the truth
The protein bars are produced by the 2019 startup. The bars are rich in nutrients and are a healthy snack. There is no added sugar, artificial sweeteners, preservatives, colorings or flavoring agents. They are made from natural ingredients such as cocoa, dried fruits and raw whey. Ashneer was one of eleven investors in the company’s INR 43 crore Series A funding round.
It is a brand of cigarettes which was established in 2020. The brand intends to digitize the businesses of small Indian tobacco retailers (paanwalas). It makes credit accessible to this segment by improving supply chain efficiency. As a result, brand sales increase, while smaller retailers expand. Ashneer and six other investors contributed INR 25 crore to the company.
It is an industry-neutral, cloud-based CRM, loyalty and conversational commerce platform. It was created in 2011. It enables brands to provide a better customer experience and build stronger relationships with them. Members can now track and manage their loyalty balances across hotels, airlines and stores. In 2015, Ashneer Grover, Wealth First and other investors contributed INR 3 crore to the company’s pre-Series A round.
It is a software company founded in 2018. The company offers reasonable plans for buying our own automobile. It has formed alliances with a number of banks and NBFCs to provide financing to its customers. The platform manages credit underwriting, insurance, vehicle management and vehicle resale. Ashneer and nine other investors contributed $6 million to the company’s Series A funding round.
It is a virtual learning platform that was launched in 2012. The goal of the startup is to empower people to pursue their passions. They offer courses in sports, creative arts and hobbies. Classes here include comedy, music, cricket and others. Moreover, the platform regularly organizes activities and competitions to encourage learners to practice more. Ashneer and eighteen other investors contributed to the company’s Series A funding round of INR 100 crore. Deepika Padukone has also invested in the company.
It is a technology solution that combines equity and transaction management. Trica was established in 2018. It offers features such as ESOP (Employee Stock Ownership Plan) management, primary fundraising, and liquidity solutions. It makes it easier for startups to manage their ESOPs and for investors to invest in new ventures. Grover and eight other investors contributed $3 million to the company’s funding round.
Skippi Ice Pops
It is a brand of popsicles that was established in 2020. The company creates its products with consumer health in mind. Their popsicles contain no artificial colors, sweeteners or preservatives; instead, they are all natural. It is available in a variety of flavors that are not only delicious but also natural and healthy. He invested INR 20 lakh for a 3% stake in the company.
Get a whey
Get-A-Whey is an ice cream company founded in 2018. It is responsible for introducing the first healthy ice cream in India. These contain no added sugar and are high in protein. It is also keto friendly. The brand offers a wide range of nutrient-dense flavors. He contributed INR 33.3 lakh in exchange for a 5% stake in the company.