The Story of Bharatpe Founder Ashneer Grover's Journey

Ashneer Grover, the founder of Bharatpe, has an incredible journey that's worth sharing. He's an IIM Ahmedabad alumnus.

Ashneer started his career at a private equity firm, which gave him a solid foundation in finance and entrepreneurship. This experience would later prove to be invaluable.

In 2018, Ashneer co-founded Bharatpe with Shashvat Nakrani, and the rest, as they say, is history.

Ashneer Grover's Journey was marked by his early days as an investment banker at ANI, where he worked for over 5 years.

He later moved to a stint at a private equity firm, where he was exposed to the world of entrepreneurship and startups.

Grover's experiences in these roles shaped his perspective and prepared him for his future entrepreneurial ventures.

BharatPe, a company closely tied to Ashneer Grover's journey, was founded in 2018 by Bhavik Koladiya and Shashvat Nakrani.

Their vision was to make financial inclusion a reality for Indian merchants.

In 2021, the company took a significant step by acquiring Payback India, a multi-brand loyalty programme.

Ashneer Grover is getting back into the fintech scene with a new app called ZeroPe.

The app will offer instant pre-approved medical loans of up to Rs 5 lakhs.

ZeroPe is still in testing mode, and it's being developed by Third Unicorn, a company founded by Grover after he left BharatPe.

In partnership with Delhi-based NBFC Mukut Finvest, the service can only be availed at partnered hospitals.

Grover's entry into fintech is just one of many businesses offering instant financing solutions for medical bills and other elective treatments.

Ashneer Grover, the co-founder of BharatPe, stepped down as the MD and CEO of the company in April 2022.

He was ousted after a series of controversies and disagreements with other investors.

The allegations against him included misusing company funds and creating a toxic work environment.

BharatPe's board of directors had been investigating these allegations since January 2022.

The investigation led to Grover's exit from the company, marking a significant fall from his position as a prominent fintech entrepreneur.