Good Glamm Group founder Darpan Sanghvi has introduced CoFounder Circle, an AI-first acceleration platform for startups and MSMEs, offering access to co-founders, talent, service partners, AI tools, mentors, incubators, and investors.
According to Sanghvi, close to 50% of CoFounder Circle’s equity will be distributed among the community, including employees, active mentors, and former Good Glamm stakeholders, as part of what he called his “restitution pledge.”
Reflecting on his journey, Sanghvi wrote on LinkedIn, “That’s it. You failed, Darpan. Now roll over, stay down, and never get back up. Failure is lonely. It leads to crippling self-doubt and fear, leaving you sleepless, staring at the wall, replaying moments you wish you could have handled differently.”
He acknowledged the weight of responsibility that comes with building and losing a business, “Make no mistake, I am not the victim here. I was the founder of a company that scaled and then failed. And when you fail after that scale, you fail hard, and real people get hurt. As the founder, the consequences are mine to bear.”
Sanghvi said that his shift towards creating CoFounder Circle came after speaking to young entrepreneurs, “The more I spoke to entrepreneurs, and the more I was able to help them, the more alive I felt. That is when I realized I had discovered my purpose, to help others build, and in that process, I will build again.”
According to Sanghvi, CoFounder Circle will bring together people, partners, AI-powered tools, mentors, and investors on a single platform. He added that “Generative AI is set to spawn a whole generation of new businesses while also turbocharging existing businesses. CoFounder Circle will be at that intersection of AI, business, capital, and community.”
Meanwhile, the platform has opened a waitlist for entrepreneurs, allowing them to gain early access to incubation programs and, in addition, providing the opportunity to pitch to investors at a demo day.
