Top News

BharatPe cofounder Ashneer Grover has launched a new fintech venture, ‘Fund My Staff’, a platform that enables employers to act as guarantors for employees seeking small-ticket personal loans.

According to the app’s listing on Google Play, Fund My Staff is designed for workers with limited or no credit history who often struggle to secure formal loans from banks and digital lending platforms. 

Instead of relying solely on the borrower’s credit profile, Fund My Staff will consider their employers’ creditworthiness and financial profile to facilitate loan approvals. “Fund My Staff helps eligible staff members access formal loans backed by their employer as guarantor, with repayment through easy EMIs,” the listing read.

The app offers loans with tenures ranging from three to 12 months at low annual interest rates. Borrowers can repay through equated monthly instalments (EMIs), while the platform supports Aadhaar and PAN-based KYC, credit bureau checks and income verification via the Account Aggregator framework.

The loans will originate from RBI-registered non-banking financial company (NBFC) Ash Grove Capital Pvt Ltd. 

Fund My Staff is being rolled out under Third Unicorn, which was founded in 2023 by Ashneer and Madhuri Jain. It raised $5 Mn (₹40 Cr) at a valuation of close to $36 Mn (₹290 Cr) back then. CrickPe was a fantasy gaming app which ultimately had to shut shop in late 2024.

Besides CrickPe, Grover also launched ZeroPe in April 2024, as a healthcare financing platform, enabling users to pay hospital bills by taking instant medical loans.

Back then, Grover claimed ZeroPe found its product-market fit, with more than 1 Lakh organic downloads, 1,000 hospital/healthcare providers as partners, and a rating of 4.6 on iOS and Android, as of early 2025. 

The post After ZeroPe, Ashneer Grover Launches Employee-Focused Lending Platform Fund My Staff appeared first on Inc42 Media.