Top 15 Companies Invested by Ashneer Grover
Introduction
Did you know? World-famous entrepreneur Ashneer Grover was a part of an elite group of six students who were selected for an exchange program to France. Ashneer Grover has always been on the top when it came to investing in business or funding startups.
Appearing in the first season of Shark Tank made him quite famous all over the country. Being a motivated entrepreneur there are many startups funded by Ashneer Grover and startups/businesses invested by Ashneer Grover.
His portfolio is quite long and interesting. Today, there are so many Ashneer Grover-invested companies running successfully in the market. Now, further, in this article, we will talk about the top 10 companies invested by Ashneer Grover.
Ashneer Grover Investments in 2023
Pitching and convincing Ashneer Grover is very difficult. We all know how judgemental and practical issues he raises when someone comes before him for investments. There are many Ashneer Grover brands running in the market right now.
It's very true that he is very practical and wants to invest his time and money in nothing but the best. Ashneer Grover's investments are something to watch out for. Not all businesses or products can convince Ashneer Grover to invest.
But, that does not mean he has not invested in any business or products after he left the famous Shark Tank India.
There are a series of companies and products in which Ashneer Grover has invested. But, this is the company that is doing very well this year.
Bira 91
Ashneer Grover have clearly revealed to the whole world that he is not a drinker. But, he understands the products which can work very well in the market and can be a gold mine. This was the mindset that led him to invest in Bira 91, which is a very popular beer company.
Unfortunately, we do not know how much he invested but, the beer company is doing very well in the market as of today.
Ashneer Grover Stock Portfolio 2023
Here is the stock portfolio of Ashneer Grover in 2023:-
Company Name | Invested | Growth (last 12 months) |
Credgenics | NA | 43% |
Matrix Gas and Renewables | NA | NA |
Zippee | NA | 46% |
Get-A-Whey | Rs 33.3 lakhs | NA |
Koo App | NA | -10% |
Ashneer Grover Self-Owned Business
Everyone knows Ashneer Grover as the founder of BharatPe but, after his exit from the company he went off to start something of his own. He has all the knowledge and capability to start his business and put that business on the unicorn list.
His investment list is quite big and it goes on and on but, he has started his own venture as well. Third Unicorn Private Limited is what he started.
This company was founded in 2022 and is a tech start-up by Ashneer Grover. His wife, Madhuri Jain Grover and Aseem Gharvi are the co-founders of this company. The company seek to usher in a new era of Indian startups which are lean, capital efficient, have positive unit economies and are truly tech-driven.
Other than this, Ashneer Grover has also founded CrickPe. It is an application where users can come and play cricket online. Users can create their virtual team of the best in-form real players, they can join contests, and earn points.
Top 10 companies Funded by Ashneer Grover
Most entrepreneurs are heavy investors, only willing to expand their source of income. In the same way, Ashneer Grover former BharatPe MD is known to be an angel investor. He has both funded and invested in many startup companies. Ashneer Grover has invested in many business fields such as learning platforms, food companies, healthcare, gaming, and many more. Some of them are given below:-
1. Freadom
Freadom is simply a learning platform for students. It is India's first comprehensive learning platform for children aged 3-10. The platform focuses on strengthening English reading, speaking, and communication skills. Nikhil Saraf is the founder of Freadom learning platform. Other than that, this platform was established back in 2008 and is doing quite well. Ashneer Grover invested $2.5 million in the company's Seed VC Round.
- Website: Freadom
- Company Sector : Edtech Platform
- Investors : Tiger Shroff (Actor), Lalit Agarwal (VMart Retail Founder), Aakash Moondhara (Global PayU CFO)
2. Big Bang Food Tech
Big Bang Food Tech is a food brand aggregator. It is also a Thrasio-style restaurant that is founded by Sonia Sinha, Sonia Mohindra, Manu Mohindra, and Abhimanyu Singh Rana. The USP of this startup is that they offer authentic Kolkata-famous Kathi roll to customers. The company was founded way back in 2000.
The mission of Big Bang Food Tech is to scale up legendary food brands, using the same traditional method, process, and ingredients. Soon this company made headlines and they saw a major growth of 50% within two months. This company had already raised Rs 4.8 crore from some investors including Ashneer Grover, Nikhil Aggarwal, Anand Kumar, Harsh Jain, and Artha Venture Fund.
- Website: Big Bang Food Tech
- Company Sector : Food Aggregator Platform
- Founded: 2000
- Investors: Nikhil Aggarwal, Anand Kumar, Harsh Jain, and Artha Venture Fund
3. Zorro (Now Hood)
This is quite a new and unique social network company that started in 2021. It is an innovative pseudonymous social platform for people to be socially active. On this platform, people can express their feelings, and opinions, and talk and chat freely.
This Gurugram-based company had previously raised 3.2 million dollars in a seed round that was backed by 16 unicorn investors. Interestingly, one of the investors was Ashneer Grover. Currently, this social networking company is doing quite well in the market.
- Website: Zorro
- Founded: 2021
- Investors: Vijay Shekhar Sharma (Founder & CEO, Paytm), Kunal Shah (Founder & CEO, CRED), Peyush Bansal, Ritesh Agarwal, Aman Gupta
4. TagZ Foods
Another food startup company on the investing list of Ashneer Grover. The founders of this company are Sagar Bhalotia and Anish Basu Roy. This company is a Gen Z snack brand that crafts quite innovative and lip-smacking snacks. The mission of this company is to promote healthy snacks to the Indian people.
They do not appreciate mass-produced fatty snacks that are unhealthy for human health. Interestingly, the most popular snack sold by this company is potato chips which are neither fried nor baked. Ashneer Grover recently signed a deal for Rs 70 lakhs at 2.5% equity.
- Website: Tagz Foods
- Investors: Abhishek Deo, Vaibhav Kapoor, Namita Thapar
5. HireQuotient
HireQuotient is a platform for skill assessment. This platform automates your interview and assesses candidates on real-life competencies. It helps companies to hire the best people based on their skills and talent. In a short span, this unique company has helped many reputed organizations to hire candidates effectively.
The founders of this company are Smarthveer Sidana, Eugene Goh, Ayush Jindal, and Sophia Madhavan. Additionally, the headquarters of this company is located in Bengaluru, Karnataka. The goal of this company is to revolutionize the non-tech hiring process. Ashneer Grover and seven other investors contributed 1.8 million dollars to this innovative platform.
- Website: HireQuotient
- Foundation Date: 2021
- Investors: Binny Bansal, Rajat Gupta, Sujeet Kumar, Kunal Shah
6. Skippi Ice Pops
Skippi Ice Pops is known to be the best-frozen popsicle in India. This ice popsicle brand was founded by Ravi and Anuja Kabra in 2020. They recognized a loophole or gap in the market and started to work on their dream to serve popsicles in a more flavorful way. This ice popsicle company introduced one of the old classic popsicles in a new and tastier form.
It was appreciated by many people who had them. Almost every popsicle sold by this company is 100% natural flavors, natural colors, no artificial preservatives, and natural sweeteners. Ashneer Grover invested Rs 20 lakhs for 3% equity in the first season of Shark Tank India. The Skippies Ice pops success after shark tank was tremendous.
- Website: Skippi
- Founded: 2021
- Investors: Namita Thapar, Aman Gupta, Ashneer Grover, Anupam Mittal, Vineeta Singh
7. Fello
Fello is a Bangalore-based and India's first game-based savings application. Shourya Lala and Manish Maryada in 2021 founded this company. This game-based saving and investment platform allows users to save, play, and earn rewards.
All the winnings from any game played are directly transferred to your traditional bank account. It is a jaw-dropping platform for all gamers to earn and invest at the same time. Ashneer Grover along with eight other investors contributed 1 million dollars to this unique business platform.
- Website: Fello
- Founded: 2020
- Investors: Dafeng Guo, Charlie Songhurst, Kunal Shah
8. Junio
Junio is a smart card-offering company. Interestingly, it offers such cards to children to meet their financial needs. The company very recently began in 2020 and offers heavy discounts for anything the children purchases using the card. This can be used for both offline and online expenses. Now, using this card children can learn how to save, earn, and save money for the future. They will learn the actual value of money and will start to think to invest properly.
Ordering such cards is quite easy. The company does not ask for any KYC to order the physical card. Additionally, this card has zero annual charges. You can easily load up money in the Junio application and use the card for both online and offline transactions. Ashneer Grover and five other investors contributed 3 million dollars to this company.
- Website: Junio
- Founded: 2020
9. India Gold
India Gold is known to be the best Digital Gold, Gold Loan, and Locker Service provider in India. The gold locker services offered by this startup company are quite amazing. The company was recently established in 2020 for the Indian people. One of the primary jobs of this company is to combine prudent asset-liability management with advanced algorithms to drive efficiencies for its banking partners.
Its full suite of products and service stack allows its partners to grow their asset-backed products. Other than that, this company offers instant loans and gold loans at very low interest. Ashneer Grover and nine other investors contributed Rs 14 crores to this company.
- Website: India Gold
- Founded: 2020
- Investors: Leo Capital, Rainmatter Capital, Better Tomorrow Ventures
10. The Whole Truth
The Whole Truth offers healthy snacks, protein bars, energy bars, and many more. Interestingly, this company does not add any preservatives, sugar, or food color, everything is natural. The company was founded in 2019 by Shashank Mehta.
All of its products that are sold in the market are made from natural ingredients. This is what makes the company unique in the market. Ashneer Grover along with eleven other investors contributed Rs 43 crore to this beautiful company in Series A Rounding.
- Website: The Whole Truth
- Founded: 2019
- Investors: Jaydeep barman, Sriharsa Majety, Shashvat Nakrani
11. Get A Whey
India’s one of the famous entrepreneurs and investors, Ashneer Grover knows very well which company will do well in the future. He is a very futuristic man and has a clear idea of what business ideas are great and will increase demand in the coming future and that is where Ashneer Grover invests his money. One of his best-invested companies is Get a Whey.
This company provides a wide range of healthy and tasty ice creams. The interesting and innovative part of their products is that they offer ice creams with whey proteins and they are made available in a wide variety of flavours and tastes.
Any customer who is willing to buy their products can easily order from various food delivery applications such as Swiggy, Zomato, Dunzo, and many more. Other than this, you also get their products in various supermarkets and malls.
This company was founded back in 2018 and the headquarters of the company are present in Mumbai. It was in 2022, when another company, Biryani By Kilo bought a majority stake in Get A Whey for $2 million. Jash Shah and Pashmi Shah are the owners of this amazing brand who bagged Rs 1 crore for 15% equity in the first season of Shark Tank India where Ashneer’s investment was Rs 33.3 lakhs and received 5% equity.
Company Name | Get a Whey |
Company Valuation | Rs 12.5 crore |
Revenue | Rs 5 crore |
Investment Received | Rs 33 lakhs from Ashneer Grover |
12. Paz Care
Sanchit Malik and Manish Mishra are the founders of this amazing company. Paz Care is a tech-based health insurance platform that was founded in 2020. The headquarters of this company are located in Bangalore, India. This health insurance tech platform lets its users design, administer and manage the employee benefits program for employees.
Other than that, this company specializes in the fields of information technology, healthcare, and insurance. Over the years, this company has raised huge amounts of revenue from various investors across the globe.
The total funding amount received by this company to date is $870 million. They have 13 active investors who have invested huge amounts in this amazing company. Moreover, this company raised a seed round of Rs 25 crores from Ashneer Grover, 3one4 Capital, and six other investors.
Company Name | Paz Care |
Company Valuation | $46.8 million |
Revenue | $46.7 million |
Investment Received | Rs 25 crore from Ashneer and other investors |
13. OTO Capital
OTO Capital has nothing to do with stocks, or trading instead, it is a two-wheeler digital commerce and finance platform which is used by lakhs of Indians every month. Indian customers look for two-wheelers using this platform at the best rate. Other than that, OTO Capital facilitates loan approvals for bikes and scooters within 30 minutes after you have made an appointment.
The whole process of purchasing including the loan using this platform is very easy and intuitive. Interestingly, other than that, OTO Capital has a dedicated electric two-wheelers platform for those customers who are willing to buy electric scooters and bikes.
Yes, this is quite a unique and interesting business idea that caught the attention of Ashneer Grover and many other investors along with him. This company raised a Series A funding round of $6 million from Ashneer and nine other investors.
Company Name | OTO Capital |
Company Valuation | NA |
Revenue | More than $1 million |
Investment Received | $6 million from Ashneer and nine other investors |
14. Booz Scooter
Rutvij Dasadia is the founder of this amazing scooter brand or company. It is an app-based electric scooter company that made its appearance in the very first season of Shark Tank India. According to the founder, Booz is South Asia’s first app base electric scooter that provides all customers with a great travel experience at a reasonable price.
It offers electric scooter rentals at all places like business parks, Commercial parks, residential areas, and many more. This platform works on the basis of monthly subscriptions. Customers willing to rent one will need to subscribe by visiting their official platform.
The company received and finalized Rs 40 lakhs equity for 50% of the company’s stake to Vineeta Singh and Ashneer Grover.
Company Name | Booz Scooter |
Company Valuation | Rs 2.6 crore |
Revenue | Rs 4 lakhs |
Investment Received | Rs 40 lakhs from Vineet and Ashneer |
15. Raising Superstars
Raising Superstars is an amazing and unique platform where parents can identify the skills and talents of their children. It is one such layering startup that primarily works to identify the talent of 0-2-year-olds. Using this unique platform children do a lot of physical activities and moreover, it develops their minds as well.
The products in offer from Raising Superstars in wide format, educate children’s parents to recognize the talent of their children. Now, there are many challenges that are present in the platform, through which parents are told how to read their children. Both Aman Gupta and Ashneer Grover finalized a deal of Rs 1 crore for 4% equity in the company.
Company Name | Raising Superstars |
Company Valuation | Rs 38.6 crore |
Revenue | Rs 20 crore |
Investment Received | Rs 1 crore from Ashneer and Aman |