Darpan Sanghvi, the creator of the Good Glamm Group, has revealed the introduction of CoFounder Circle, an AI-driven Acceleration Platform for startups and MSMEs. The program aims to give entrepreneurs access to co-founders, team members, service providers, AI-driven tools, mentors, incubators, and investors.

Sanghvi mentioned that almost 50 percent of CoFounder Circle's equity will be distributed to the community. This encompasses employees, current mentors, and previous Good Glamm stakeholders as part of what he referred to as his "restitution commitment."

Looking back on his journey, Sanghvi posted on LinkedIn, “That’s it. You did not succeed Darpan. Now turn over, remain down and never rise again. Defeat is isolating. It results in debilitating self-doubt and anxiety, causing you to lie awake, fixated on the wall, reliving incidents you wish you had managed differently.

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He recognized the burden of responsibility that accompanies creating and losing a business, “Let there be no doubt, I am not the one to blame here." I founded a company that grew and ultimately failed. And when you stumble after that level, you stumble severely and genuine people get harmed. As the creator, the repercussions are my responsibility."

Sanghvi mentioned that his transition to establishing CoFounder Circle followed conversations with young entrepreneurs, “The more I interacted with entrepreneurs, and the more I could assist them, the more energized I became." At that moment, I understood I had found my calling: to assist others in creating, and through that journey, I will rebuild myself.

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Sanghvi states that CoFounder Circle will unite individuals, partners, AI-driven tools, mentors, and investors within a single platform. He remarked that “Generative AI is poised to create an entirely new wave of businesses while also accelerating the growth of current ones. CoFounder Circle will stand at the convergence of AI, business, investment, and community.

The platform is now launching a waitlist for entrepreneurs to secure early access to incubation chances and an opportunity to pitch to investors during a demo day.