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Indian Startups
1w
a deputy manager
CrickPe OUT! Even Cricket Couldn’t Save This Startup 🏏❌
Ashneer Grover led CrickPe has officially shut shop within two years of its launch! Despite India’s obsession with cricket, even a ‘Master Founder’ couldn’t make this fantasy gaming platform work. 🤔
The reasons? A 28% GST on real-money gaming and a business model that didn’t quite fit the market. The idea of paying cricketers for their performance was unique, but apparently, it wasn’t sustainable. Meanwhile, giants like Dream11 continue to dominate.
Grover himself admitted that the connotation of gambling with gaming in India made it tough to scale. Now, he’s shifting focus to ZeroPe, a fintech platform offering EMI options for medical treatments.
Does this mark the end of new players in fantasy sports? Or was CrickPe just another overhyped experiment? 🤷♂️
Drop your thoughts in the comments! 👇
#StartupPedia #CrickPe #AshneerGrover #FantasyCricket #FailedStartup #SharkTankIndia
a software developer
1d
I dont know why but this man talks shit
Ek business bnaya or usme se bhi nikal diya but attitude nahi khatam hora iska
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