Ex-BharatPe co-founder and Shark Tank fame Ashneer Grover has announced his new startup Third Unicorn and shared the news on his LinkedIn profile.
The former Shark Tank judge has promised a Mercedes to employees who complete five years in the company. Mr Grover has shared little details about his new venture and has invited investors and people for joining the team.
The LinkedIn post reads, “Let’s get some work done in 2023!” He added, “We at Third Unicorn have been quietly and peacefully building a market-shaking business. Bootstrapped. Without limelight. And we are doing things differently. Very differently.”
The entrepreneur also shared a slideshow giving a sneak peek at the new start-up. He said, “So if you want to be part of the next TODU – FODU thing, here’s a sneak peek at HOW we are building! WHAT we are building remains the billion-dollar question!”
Further, Grover claimed Third Unicorn will not be funded by venture capitalists. “We use only desi/self-earned capital,” the company stated adding that the team would have only 50 members.
Meanwhile, BharatPe ousted the entrepreneur for allegedly embezzling funds. Three legal actions were taken against Grover. The fintech is now seeking Rs 88.67 crore in damages.