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

I dont know why but this man talks shit Ek business bnaya or usme se bhi nikal diya but attitude nahi khatam hora iska

Posts you might like

Career Growth

dreamyjaadu

works at

Wipro

Career suggestion

I have 7 YOE. from Delhi Current CTC - 9.25LPA + 75K varriable. Working Skillset is Kubernetes and Openstack. Current - 100% WFH 1. NTT Data- Noida Hybrid CTC... read more

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional team... read more

Career Advice

a procurement specialist

Am I on right path?

Right after my BCom, I took a service advisor role at Honda for ₹7K due to urgency. Later, I moved to a gas station for ₹10K, handling all kinds of work beyond office tasks. My breakthrough came when I joined as an orde... read more

Download AmbitionBox app

Anonymously discuss salaries, work culture, industry news and more ...