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Business Spotlight

From 4 Failed Startups To Building The Third Unicorn, Journey Of Aseem Ghavri

Ghavri's story serves as a reminder that success in entrepreneurship is not determined by one's background or fancy degrees. He is giving a ray of hope to all the entrepreneurs who don’t hold IIT/IIM tags or are rejected by investors for all the invalid reasons.

Aseem Ghavri
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Aseem Ghavri, a Panjab University lad with 4 failed startups in his past has recently created a storm on the internet with the announcement of his next venture, The Third Unicorn, alongside Ex MD of Bharatpay Ashneer Grover.??

But who is Aseem Ghavri? Well, he is a first-generation entrepreneur from Chandigarh, a Tier 2 city. In case you’re wondering, he does not hold an IIT or IIM degree, fancy job experience at places like Google or McKinsey, or an affluent family background.??

Ghavri began his entrepreneurial journey in 12th grade with a small investment of INR 8000, e, which made pretty good revenue at that time. But there came a time when the business started going down and Ghavri lost interest in it. So he made a unique decision and donated all profits to his 10 workers, who later ran the company for another 6 months before it got shut down.?

?After facing rejections from over 50 investors as he did not have an IIT/IIM degree and a stamp of tier 2 city, he? decided to start something that could be bootstrapped.? Then he started Code Brew Labs, an application development company. He successfully scaled the company to 600+ employees with offices in India, US, UAE, Mexico and Canada.??

Looking to enter a new phase of his life, Gharvi reached out to multiple business leaders, one of them being Ashneer Grover. After multiple follow-ups and finally a chance of meeting, Ghavri and Grover joined forces to create something "todu-fodu" aka The Third Unicorn.?

Ghavri's story serves as a reminder that success in entrepreneurship is not determined by one's background or fancy degrees. He is giving a ray of hope to all the entrepreneurs who don’t hold IIT/IIM tags or are rejected by investors for all the invalid reasons. . He also demonstrates that funding is not a determinant for the success of a startup, and a founder should not be held back by the lack of funding. The Third Unicorn is set to disrupt the industry and Ghavri's journey is sure to inspire others to pursue their entrepreneurial aspirations, regardless of all the barriers.?