Ashneer Grover ready to return to business, eyes $300 million in funding

New Delhi: Ashneer Grover, co-founder and former CEO of fintech startup BharatPe, is all set to get back in business with a new venture. The entrepreneur credited with creating two unicorn startups is now on to building another $1 billion company after exiting the fintech company on an unpleasant note. Grover, who was one of the judges aka investors in the popular commercial reality show, Shark Tank India, is now reportedly seeking to raise around $300 million for his undisclosed venture.

In a tweet earlier this week, Grover hinted that he is all set to make a comeback with a new startup that, according to him, will eventually become a unicorn. In a tweet on Wednesday (June 15), he said, “Today, I turn 40. Some would say I have lived a full life and experienced most things. Created value for generations. My For, it is still an unfinished business.” , (Also read: Markets falter on the sixth day, Sensex rises 425 points in early trade)

Grover made the announcement while celebrating his 40th birthday in his favorite city, London, according to the caption of his Instagram post. Looks like he’s already on to something. (Also Read: Gold Prices Rise By Rs 400, Check Gold Prices In Your City)

“Bringing a ‘Big 40’ birthday to my favorite city, London! Blessed to have the sun shine on me!” he said in his Instagram post.

Also, according to a report in Mint, Grover may invest his personal wealth in new startups. According to unnamed sources cited in the report, he may also sell his stake in BharatPe to invest in the unknown venture. He also reportedly had a meeting with six unidentified investors who could fund his upcoming venture.

Meanwhile, Grover is all set to return as one of the investors in the reality series Shark Tank India Season 2. The registrations for Shark Tank India Season 2 are currently open on the SonyLiv app.