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Ashneer Grover Shuts Down CrickPe Amid GST Troubles

  • CrickPe, Ashneer Grover's fantasy cricket platform, has halted operations within a couple of years of its launch.
  • The 28% GST on real-money gaming and business model issues led to the decision to shut down CrickPe.
  • Grover hinted at focusing on other opportunities, particularly their lending tech platform, ZeroPe.
  • ZeroPe provides loans for medical treatments, with over 1 lakh downloads and 1,000 healthcare partners.
  • Grover aims to make ZeroPe a leader in healthcare financing in India, amidst a booming fintech market.

Source: Inc42

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Ashneer Grover Settles with BharatPe, Forfeits Shares

  • BharatPe and Ashneer Grover have reached a settlement after months of litigation involving allegations of fraud and dishonesty.
  • Grover will transfer 2.5-3% of his 8.4% stake to the company and settle with former co-founder Bhavik Ko...
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user

Settlement seems feasible only then when you are armtwisted by the arrest of your wife and brother in law....the evid...

user

Ashneer Grover and Bhavish Agarwal, the two worst products of Indian start up ecosystem

user

Bharpe just needed to initiate few arrest, he will do whatever they say. In the end everybody know who has done what

Indian Startups
by SillyLlamaEngineering Manager

Mass layoffs at Ashneer ‘s latest startup

Today mass layoff was done from Third Unicorn Devs, IT team, devops all were impacted

Layoffs in such early phase startup came as a shock

Could be due to new GST rules

What do you guys think?

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user

Let me look for F to give