Ashneer Grover’s Third Unicorn in talks to divest CrickPe

Quick Summary:

The development comes after CrickPe was halted at the end of 2024 after the company struggled with the rising GST imposed on the sector.

The online gaming sector has been struggling with a GST of 28% levied on these platforms, which has affected profit margins and user growth in the sector alike.

We have more than 1 lakh organic downloads and 1,000 hospital/healthcare providers with a rating of 4.6 on iOS and Android,” Grover said.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: India

Topics: Crickpe Privacy Grover Sector Policy Talks Information Third Been Brand Unicorn

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 08:16:44 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 287 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 26368269

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Official Website: yourstory.com

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