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Ashneer takes Porsche Cayman out to show well-lit Delhi for G20 Summit As Delhi-NCR welcomes guests for the two-day G20 Summit which started on Saturday, entrepreneur Ashneer Grover took his luxurious Porsche Cayman out on Delhi roads to show how the Capital is all prepared to host the high-profile event. The BharatPe co-founder and former managing director took to Instagram to show a glimpse of the Capital, from his lavish, green-coloured sports car. “G20 - Late evening Porsche drives in Delhi! Kuchh time guzariye roads par (spend some time on roads...
Ashneer takes Porsche Cayman out to show well-lit Delhi for G20 Summit
Ashneer takes Porsche Cayman out to show well-lit Delhi for G20 Summit
Source: IANS
9/09/2023 11:07:10 AM
Shark Tank India season 1 courts controversy, Ashneer says invested Rs 3 cr After a report claimed that some prominent investors at the inaugural season of Shark Tank India fell short of their pledges, prominent VCs and entrepreneurs on Wednesday defended the show, saying the report findings are "inaccurate". An analysis by market intelligence firm PrivateCircle claimed that the key investors overall invested in only 27 of the 65 pledges shown on the TV show, reports TechCrunch. "The 'sharks' committed $4.87 million to the startups, but h...
Shark Tank India season 1 courts controversy, Ashneer says invested Rs 3 cr
Shark Tank India season 1 courts controversy, Ashneer says invested Rs 3 cr
Source: IANS
19/07/2023 2:21:53 PM
Ashneer Grover to shake up auditions of `MTV Roadies - Karm ya Kaand` The upcoming episode of 'MTV Roadies - Karm ya Kaand' promises to be an exciting and fiery one. Ashneer Grover will shake up the auditions as he comes armed with 2000 Roadiums, and gang leaders Gautam Gulati, Rhea Chakraborty, and Prince Narula will be pitching to Ashneer to partner up with them. Gautam will begin his pitch by finding a common ground on the basis of both of them being Delhites. In response, Ashneer will say: "Delhi Delhi ka kya hai, Sarkar thodi na banani hai ...
Ashneer Grover to shake up auditions of `MTV Roadies - Karm ya Kaand`
Ashneer Grover to shake up auditions of `MTV Roadies - Karm ya Kaand`
Source: IANS
8/07/2023 4:01:25 PM
Ashneer Grover launches fantasy sports app CrickPe ahead of IPL Ahead of the Indian Premier League (IPL) 2023 that begins from March 31, Ashneer Grover's new venture Third Unicorn has launched a fantasy sports app called CrickPe that aims to take on Dream11 and Mobile Premier League (MPL). "Biggest revolution in Cricket since IPL - only fantasy game paying cricketers for performance. Where you win, cricketer wins, cricket wins," Grover said in a tweet. CrickPe will levy a 10 per cent platform fee of the total funds received for any pub...
Ashneer Grover launches fantasy sports app CrickPe ahead of IPL
Ashneer Grover launches fantasy sports app CrickPe ahead of IPL
Source: IANS
24/03/2023 11:09:21 AM
Top VC firms deeply concerned at SVB collapse, Ashneer Grover offers a solution Top venture capitalist (VC) firms on Saturday issued a joint statement on the collapse of Silicon Valley Bank (SVB), one of the largest US banks serving the global startup community, saying they are "deeply disappointing and concerning". Hemant Taneja, investor and managing partner at General Catalyst, said in a tweet that several VC leaders like Accel, Khosla Ventures, Altimeter Capital, Lightspeed Venture Partners, Mayfield Fund, Ribbit Capital, Redpoint Ventures and others met...
Top VC firms deeply concerned at SVB collapse, Ashneer Grover offers a solution
Top VC firms deeply concerned at SVB collapse, Ashneer Grover offers a solution
Source: IANS
11/03/2023 3:31:41 PM
Ashneer Grover, wife set to launch fantasy sports app CrickPe Former BharatPe Co-founder and Managing Director Ashneer Grover and his wife Madhuri Jain Grover are apparently ready with their new startup, this time in the sphere of fantasy sports with a new app called CrickPe, the media reported on Monday. According to leading startup covering portal Entrackr, citing sources, CrickPe is expected to be launched in the "next few weeks". "The app is in closed beta mode and will soon open to the public," the report said, citing peop...
Ashneer Grover, wife set to launch fantasy sports app CrickPe
Ashneer Grover, wife set to launch fantasy sports app CrickPe
Source: IANS
27/02/2023 5:41:24 PM
Civil Aviation Ministry clarifies on Digi Yatra app after Ashneer Gorver`s tweet A day after Ashneer Grover, the former Managing Director and Co-founder of BhratPE, tweeted about some kind of inconvenience in the Digi Yatra app, the Civil Aviation Ministry on Friday clarified that the shared boarding pass QR code is available on the home screen of the app so that passengers can easily scan it at the airport entry gate. "The shared boarding pass QR code is available on the home screen of the app so that passengers can easily scan it at the airport entry gate. The p...
Civil Aviation Ministry clarifies on Digi Yatra app after Ashneer Gorver`s tweet
Civil Aviation Ministry clarifies on Digi Yatra app after Ashneer Gorver`s tweet
Source: IANS
11/02/2023 4:32:12 PM
I made Rs 2.25 cr within 8 minutes of Zomato IPO opening: Ashneer Grover Former BharatPe co-founder and managing director Ashneer Grover has revealed he made a cool Rs 2.25 crore from Zomato IPO within 8 minutes of its opening in July last year. In his memoir 'Doglapan', Grover said that with the IPO being oversubscribed more than 30 times, he got an allotment of shares worth over Rs 3 crore. "My RMs (relationship managers), based on grey-market premiums, were expecting the Zomato share to list between Rs 85-90, as against an issue price of Rs 7...
I made Rs 2.25 cr within 8 minutes of Zomato IPO opening: Ashneer Grover
I made Rs 2.25 cr within 8 minutes of Zomato IPO opening: Ashneer Grover
Source: IANS
27/12/2022 1:39:50 PM
Twitter rival Koo surpasses 50 mn downloads Homegrown micro-blogging platform Koo on Wednesday said it has clocked 50 million downloads with a significant uptake in users, time spent and engagement since January this year. Koo is available in 10 languages including Hindi, Marathi, Gujarati, Punjabi, Kannada, Tamil, Telugu, Assamese, Bengali and English. According to the platform, there are more than 7,500 high-profile people, millions of students, teachers, entrepreneurs, poets, leaders, writers, artists, actors, etc. actively po...
Twitter rival Koo surpasses 50 mn downloads
Twitter rival Koo surpasses 50 mn downloads
Source: IANS
2/11/2022 3:35:15 PM
BharatPe hits $20 billion in annualised TPV, leaves Ashneer saga behind Fintech platform BharatPe on Friday said it has reached an all-time high of $20 billion in annualised total payments value (TPV), expanding its footprint to 400 towns and cities, as it leaves the sordid Ashneer Grover saga behind. The company aims to surpass its target of $30 billion in payments by March 2023. Last year, BharatPe had announced plans to scale its presence to 300 cities by the same time-frame. "We have been able to achieve this milestone much ahead of time. BharatPe ...
BharatPe hits $20 billion in annualised TPV, leaves Ashneer saga behind
BharatPe hits $20 billion in annualised TPV, leaves Ashneer saga behind
Source: IANS
26/08/2022 2:05:24 PM
Fintech platform BharatPe appoints new CFO amid IPO plans  Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its new chief financial officer, as it prepares for its initial public offering (IPO). In his new role, Negi will take charge of the finance function for BharatPe and will be working towards making the company EBITDA positive by March 2023. He will report to Suhail Sameer, CEO, BharatPe and work closely with the Board of BharatPe, the company said in a statement. "His experience ...
Fintech platform BharatPe appoints new CFO amid IPO plans
Fintech platform BharatPe appoints new CFO amid IPO plans
Source: IANS
3/08/2022 9:04:23 AM
BharatPe back on track after Ashneer controversy, records 112% growth Leaving the Ashneer Grover controversy behind, fintech platform BharatPe has closed one of the highest growth quarters in its history, facilitating over Rs 3,600 crore in loans in the first quarter (April-June period) of FY23. This is a growth of 112 per cent over the last quarter. BharatPe said it also reached an all-time high of $18.5 billion in annualised total payment value (TPV) -- a growth of 50 per cent over the last quarter. "Post a successful FY22 that we closed with a 3 t...
BharatPe back on track after Ashneer controversy, records 112% growth
BharatPe back on track after Ashneer controversy, records 112% growth
Source: IANS
6/07/2022 10:33:18 AM
BharatPe sees more high-profile exits after Ashneer Grover saga After facing the months-long Ashneer Grover saga, fintech platform BharatPe is witnessing some high-profile exits and now, its founding member Satyam Nathani has resigned. Earlier, BharatPe's chief revenue officer Nishit Sharma and head of institutional debt partnerships, Chandrima Dhar, had quit citing personal reasons. "This is to inform that Satyam Nathani has decided to move on from BharatPe to pursue his entrepreneurial ambitions. We will back him to build the next big tec...
BharatPe sees more high-profile exits after Ashneer Grover saga
BharatPe sees more high-profile exits after Ashneer Grover saga
Source: IANS
12/06/2022 2:04:15 PM
BharatPe launches investment platform for merchants after Ashneer saga With an aim to leave behind the Ashneer Grover controversy and bring business on track, fintech platform BharatPe on Thursday launched an investment platform for its merchant partners. In the first phase, the company is going live with peer-to-peer (P2P) investments and bank-deposit products with its partners on the platform. The P2P investment product is being powered through RBI regulated non-banking financial companies (NBFCs) LenDenClub and Liquiloans. BharatPe said in a statemen...
BharatPe launches investment platform for merchants after Ashneer saga
BharatPe launches investment platform for merchants after Ashneer saga
Source: IANS
19/05/2022 11:13:01 AM
Ashneer saga has no impact on our growth: BharatPe  Fintech platform BharatPe on Thursday refuted reports that its financial condition was hit owing to the Ashneer Grover saga, saying that it currently has $400 million in the bank with a monthly burn rate of nearly $4 million. The company had $300 million in revenue at the end of FY23, and exited March with around $100 million in sales. "We have no immediate plans to raise capital. We exited March at around $16 billion in annual total payment value (TPV) and aim to have paymen...
Ashneer saga has no impact on our growth: BharatPe
Ashneer saga has no impact on our growth: BharatPe
Source: IANS
14/04/2022 7:11:37 PM
Ashneer Grover resigns after intense legal battle with BharatPe After fighting an intense legal battle with the Board of Directors, BharatPe Co-founder and Managing Director Ashneer Grover has finally resigned from the fintech platform. In a letter sent to the Board, he said that he is being forced to bid adieu to a company of which "I am a founder". "Your views of businesses and problems on the ground are so coloured by the windows of the Ivory Tower in which you all reside that you have no connect whatsoever with the human element o...
Ashneer Grover resigns after intense legal battle with BharatPe
Ashneer Grover resigns after intense legal battle with BharatPe
Source: IANS
1/03/2022 10:53:37 AM