In the startup community, Ashneer Grover is well known for his capital investments and initiatives. He is a co-founder of BharatPe, an Indian fintech organization that specializes in online transactions for small enterprises.BharatPe flourished and emerged as a big participant in the Indian transaction market under his direction. Grover has also shown his interest in investing in a number of businesses.
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He has supported businesses in a variety of industries, including Edtech, healthtech, and consumer services, providing not just financial support but also insightful advice and mentoring. His participation in the firms has backed demonstrates his dedication to promoting innovation and bringing about positive change in the entrepreneurial world. In this blog we will examine the list of startups in which Ashneer Grover has invested.
Here is the list of the Startups funded by Ashneer Grover
Big Bang Food Tech
Abhimanyu Singh Rana, Sonia Sinha, Sonia Mohindra, and Manu Mohindra co founded Big Bang Food Tech, a thrasio style restaurant roll up startup that has quickly attracted notice thanks to an astounding 80 fold growth since its founding. The company impressively experienced a stunning 50% increase in monthly orders just in 2 months, solidifying its status as a startup deserving of investigation.
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Notably, it was able to achieve its INR 4.8 crore seed investment round with the help of a group of investors. Popular figures like Artha venture fund, Ashneer Grover, Harsh Jain, Anand Kumar and Nikhil Agarwal are among the many well known personalities in this diversified group, demonstrating the high level of faith in the startup’s potential for future success.
Freadom
Freadom is a complete educational platform for kids ages 3 to 12 that was founded in 2008. The cutting-edge firm aims to develop young students’ conversational abilities while also improving their reading and speaking English competence.
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Notably, the business was able to acquire USD 2.5 million in Seed Venture Capital, thanks to Ashneer and a number of investors.
The Whole Truth
The Whole Truth sells protein bars, energy bars, and a variety of other wholesome snacks. It’s interesting to note that everything at this company is natural; there are no preservatives, sugar, or food colors added. Shashank Mehta launched the business in 2019.
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Its entire line of marketable goods is created using only natural materials. This distinguishes the business in the marketplace. In the series, A Rounding, Ashneer Grover and 11 other investors invested INR 43 crore in this lovely enterprise.
PazCare
The two men who founded this incredible business are Sanchit Malik and Manish Mishra. A technology-based health insurance platform called Paz Care was established in 2020. Bangalore, India serves as the location of this company’s corporate headquarters. Users of this health insurance technology platform can create, manage and oversee employee benefit programs.
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The other industries in which this business excels include IT, healthcare, and Finance. This business has already gotten USD 870 million in investment in total. There are 13 active investors that have made sizable investments in this incredible business. A Seed Round of INR 25 crores was also raised by this business from Ashneer Grover, 3one4 Capital, and six additional investors.
India Gold
The finest provider of digital gold, gold loans, and locker services in India is known as India Gold. The gold locker services provided by this new business are very incredible. The business was newly founded in 2020 for Indian citizens. For the benefit of its banking partners, this company’s main task is to combine careful asset-liability management with cutting algorithms.
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Its partners can expand their assets-backed products thanks to its comprehensive product and service stack. In addition, this business provides low-interest fast loans and gold loans. 14 crores of rupees were invested in this business by Ashneer Grover and 9 other investors from different fields.
Fello
The first video game based savings app in India is called Fello, and it is based in Bangalore. This business was established in 2021 by Shourya Lala and Manish Maryada. Users can save, play, and receive rewards on this platform for saving and investing through games.
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Any and all winnings from games played are immediately deposited into your standard bank account. Ashneer Grover invested $ 1 million in this unusual business platform along with 8 other investors.
Hire Quotient
In the year 2021, a Startup in HR technology was established. It is a platform that automates the HR interview process. Hire Quotient develops final recommendations and assists businesses in gaining an understanding of a candidate’s job-specific talents.
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The startup’s goal is to revolutionize non–tech recruiting. Ashneer Grover and other investors contributed $1.8 million to the business pre–seed rounding of financing.
Koo
An Indian microblogging service called Koo. The Koo App, which was established in March 2020 by Aprameya Radha Krishna and Mayank Bidawatka, won the AatmaNirbhar innovation competition and potential Made in India service platform that supports PM Narendra Modi’s goals. It is a social networking platform that enables Indian users to interact with one another, share video and audio files, and continue their conversations in more than 13 regional Indian Languages.
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Ashneer Grover contributed to the famous Indian local dialect social media app’s Series B Fundraising round, which helped it raise more than $10 million in capital. Other investors included Capier Venture Partner and the Ravi Modi Family Trust. Two tranches made up the round.
Skippi Ice Pops
The 2020 brand of ice popsicles was established. The organization makes its products with consumers’ health in mind. Their ice popsicles contain just natural ingredients rather than any artificial colors, sweeteners, or preservatives.
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It is available in a variety of flavors which are nutritious and natural. He made a 20 lakh INR investment for 3 % of the company’s stock.
Front Row
Launched in 2012, it is an online instruction learning the startup wants to make it possible for people to follow their passions. They offer classes in sports, arts, and hobbies. Comedy, music, and cricket are the various subjects covered in the classes offered here.
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The platform holds tournaments and regular activities so that students may practice more. Ashneer and various other investors contributed 100 crore INR to the company. Deepika Padukone has also invested in this startup as well.
Conclusion
In conclusion, Ashneer Grover’s outstanding support of entrepreneurs portrays a striking image of creativity, tenacity, and cooperation. Grover has made wise investments that have not only accelerated the development of these businesses but also shown his dedication to supporting groundbreaking concepts. The organizations discussed in this blog demonstrate the potential of bold entrepreneurship, revolutionizing everything from financial technology to education and beyond. We enthusiastically look forward to the future contributions that these entrepreneurs will make to various industries and the global economy as Ashneer Grover continues to assist and develop emerging enterprises.
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This was our selection of the Startups funded by Ashneer Grover. We hope this is useful to you. The order of this list is random.
Frequently Asked Questions (FAQs)
Who is Ashneer Grover?
He is an Indian businessman and former co-founder and managing director of BharatPe Fintech.
Is Ashneer Grover Graduated from IIM?
Yes, Ashneer Grover has done his MBA from IIM Ahmedabad.
Name the Startups Funded By Ashneer Grover.
Big Bang Food Tech, Freadom, The Whole Truth, PazCare, India Gold, Fello, Hire Quotient, Koo, Skippi Ice Pops, Front Row are the Startups Funded By Ashneer Grover.
