Archive · 24 Jul 2026
Ashneer Grover Launches Fund My Staff
Ashneer Grover, who used to work at BharatPe, has started a new platform called Fund My Staff.
This platform helps employees get loans by having their employers act as guarantors.
The idea is to help workers who don't have a good credit history get the money they need.
The loans are given by a company that follows the rules set by the Reserve Bank of India.
The platform is developed by a company called Third Unicorn, which Grover started after leaving BharatPe.
Some people think this is a good way to help employees, while others worry about the fairness of having employers involved.
Ashneer Grover launched Fund My Staff, a fintech platform for employer-guaranteed loans.
Employers can act as guarantors for loans taken by their employees.
The platform targets employees with limited or no formal credit history.
Loans are disbursed by RBI-registered lending partners.
Fund My Staff is developed by Third Unicorn, a venture founded by Grover and Aseem Ghavri.
- Who
- Ashneer Grover, former BharatPe co-founder
- What
- Launched Fund My Staff, a fintech platform
- When
- Announced on Thursday
- Where
- India
- Why
- To provide loans to employees with limited credit history
Proponents of Financial Inclusion
Critics of Employer-Guarantor Model
Access to Credit
Proponents of Financial Inclusion
Provides financial support to employees with limited credit history.
Critics of Employer-Guarantor Model
Raises concerns about employer influence and potential exploitation.
Employer Involvement
Proponents of Financial Inclusion
Encourages employer support and trust in employees.
Critics of Employer-Guarantor Model
Questions the fairness and potential conflicts of interest.
- Platform Name
- Fund My Staff
- Founder
- Ashneer Grover
- Target Audience
- Employees with limited credit history
- Lending Partner
- Ash Grove Capital Private Limited
- Developer
- Third Unicorn
- RBI Compliance
- Yes