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Self Employed • 3m

Ashneer Grover shut down his startup CrickPe after two years of its launch, due to taxation issues and a regulatory environment.

4 replies23 likes
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bas nikal gayi hawa? CrickPe, which was the first product of Ashneer Grover’s startup Third Unicorn, has halted operations within a couple of years of its launch Grover cited the 28% GST regime for real-money gaming and problems with the business m

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Here’s a quick list of failed Indian startups: 1. Zilingo – Shut down due to financial mismanagement. 2. Fynd – Failed due to stiff competition and unsustainable profits. 3. Katerra India – Shutdown due to poor execution and market adaptation is

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Nearly 60% of Indian startups shut down due to poor market demand Not tech. Not team. Just building something nobody wants.

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Really? In a span of just two months after raising money you can shut down the company? Sounds painful for VC folks. What's the ground reality?

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Mridul Das

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What you say about this 😶👇 Ashneer Grover's first company Cricketpe 🏏under the Third unicorn halted! ➡️CrickPe differentiated itself in the crowded fantasy gaming market by positioning itself as a platform that would give a certain portion of the

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