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Article: STARTUPS FUNDED BY ASHNEER GROVER

STARTUPS FUNDED BY ASHNEER GROVER
Ashneer Grover

STARTUPS FUNDED BY ASHNEER GROVER

Ashneer Grover, the ex-co-founder of BharatPe, has become a well-known name in India. He played a significant role in organizing the unorganized sector of payments in India. Recently, Ashneer made his appearance as a shark on the show Shark Tank India, where he contributed to the funding of various startups. With a keen eye for potential, Ashneer has funded numerous startups over the years, including Pocketly, Credgenics, Freadom, and Zorro.

1. Big Bang Food Tech

Big Bang Food Tech is a Thrasio-style restaurant roll-up startup founded by Abhimanyu Singh Rana, Sonia Sinha, Sonia Mohindra, and Manu Mohindra. This startup has grown 80X since its inception, with its monthly orders surging by 50% within just two months. Big Bang Food Tech raised its seed round worth INR 4.8 crore, led by a group of investors, including Ashneer Grover, Artha Venture Fund, Harsh Jain, Anand Kumar, and Nikhil Aggarwal.

2. TagZ Foods

TagZ Foods, founded in 2019, is a startup that supplies snacks and food products, promoting healthy snacking and an active lifestyle. Their most popular snack is potato chips, which are neither fried nor baked. This is the most recent startup investment by Ashneer, who signed a deal for INR 70 lakhs for 2.5% equity.

3. Freadom

Freadom is an extensive learning platform founded in 2008, designed for children between the ages of 3 to 12 years. The platform strengthens the ability to read and speak in English, helping children develop conversational skills. The company raised $2.5 million as seed VC from Ashneer and other investors.

4. Koo App

Koo is a micro-blogging platform from India, founded in March 2020 by Aprameya Radhakrishna and Mayank Bidawatka. The Koo App won the AatmaNirbhar Innovation Challenge and aligns with PM Narendra Modi's vision of a Made in India service platform. Koo allows Indian users to share audio and video content and connect in 13+ local languages. The platform received more than $10 million in Series B funding from Ashneer Grover and other investors like Capier Venture Partner and Ravi Modi Family Trust.

5. Zorro

Zorro, launched in 2021, is a new-age pseudonymous social network where users can share thoughts anonymously. This platform allows users to wear a mask or build a private identity. Zorro raised a seed round of $3.2 million from Grover, 3one4 Capital, and twelve other investors.

6. HireQuotient

HireQuotient, launched in 2021, is an HR tech startup that automates the HR interview process through skill assessments. The platform provides insights into candidates’ job-specific skills and final recommendations. The startup aims to disrupt the non-tech hiring process and raised $1.8 million in a pre-seed round from Ashneer and seven other investors.

7. Fello

Fello, launched in 2020, is a gamified investment and personal finance startup. It allows gamers to become investors by saving, investing, and receiving higher returns than regular savings accounts. The company raised a $1 million seed round from Ashneer, Acequia Capital, and eight other investors.

Conclusion

Ashneer Grover's investments span a diverse range of startups, reflecting his keen eye for identifying potential and fostering growth. His role on Shark Tank India has further solidified his reputation as a savvy investor. Ashneer's portfolio includes companies from various sectors, including those related to Shark Tank India fashion and Shark Tank India clothing, showcasing his commitment to supporting innovation and entrepreneurship across industries. CLICK HERE FOR THE BEST INDIAN ANIME MERCH!

 

[The images used in this blog post are not owned by Anime Devta, they are just for entertainment purposes]

| SHARK TANK INDIA | SHARK TANK INDIA FASHION | SHARK TANK INDIA CLOTHING | ASHNEER GROVER | FELLO | HIREQUOTIENT | ZORRO | KOO APP | FREADOM | TAGZ FOODS | BIG BANG FOOD TECH |

~Mimansa Sharma

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