
DerpyPotato
Growpital (An Agri-Fintech startup) is under SEBI probe. But nowhere has the media caught that Prashant Pitti (EaseMyTrip) was the co-founder here. Lack of info, or paid off?
TLDR from article:
- 5K+ investor-partners have not received their instalments from Growpital
- The headcount has reduced from 100+ to less than five, the website is shut down
- Besides running the CIS scheme ‘illegally’, Growpital is also said to have fake projections
But adding some more info:
- A friend had met Growpital when they were raising a round. Everywhere in the media, Vineet Gupta's name is mentioned. But Prashant Pitti was the pitching founder at the time.
- There was a report that one of the Tier 1 VCs had even funded them, but never came in the news, maybe deal fell through
- Now very conveniently, none of this is shared by media as context. Just strange.

7mo ago4.9K4.9K views

ZippyPotato
Accenture7mo
Wow thanks for sharing
Interesting scoop

DancingDonut
Accenture7mo
This is something shady written all over it

WigglyBanana
Stealth7mo
Wow, there is zero mention of any such linkage So if it happened quite shocking

BubblyHamster
NxtWave7mo
I was always surprised with the pace they were growing in 2022&23. The tieups and collaborations they are doing on weekly basis surprised the whole agri community.

SwirlyDumpling
PayTM7mo
Fraud
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