About Third Unicorn
Third Unicorn is a company based in Delhi (India) founded in 2022 by Ashneer Grover, Madhuri Jain Grover, and Aseem Ghavri. Third Unicorn has raised $4.81 million across 1 funding round from investors including Z Nation Lab, Samyakth Capital and Anirudh Kedia. Third Unicorn offers products and services including Zerope and Crickpe.
- Headquarter Delhi, India
- Founders Ashneer Grover, Madhuri Jain Grover, Aseem Ghavri
- Stage Minicorn
- SectorsMedia & EntertainmentFinancial Services
- Email••••••••
- Phone•••• ••••
- Website third-unicorn.com
- Social LinkedIn
- Legal Name Third Unicorn Private Limited
- Date of Incorporation 06 Jul, 2022
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.14 Cr
FY 2025 · -79% YoY
- Net Loss-₹1.09 Cr
FY 2025 · -95% margin
- EBITDA-₹2.08 Cr
FY 2025 · -182% margin
- Total Equity Funding$4.81M (USD)
in 1 rounds
- Latest Funding Round$4.81M (USD), Seed
Jan 2023
- InvestorsZ Nation Lab
& 40 more
Associated legal entities of Third Unicorn
Third Unicorn operates through Third Unicorn Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Third Unicorn Private Limited CIN U72900DL2022PTC401319 | Active | 06 Jul 2022 | New Delhi, Delhi | ₹1.1 Cr | 19 | 2 | View details |
Products & Services of Third Unicorn
Third Unicorn offers a comprehensive portfolio of products and services, including Zerope and Crickpe.
Flexible loans for healthcare expenses are provided up to Rs 5 lakhs, with EMIs monitored through notifications and an intuitive interface.
A platform for creating virtual cricket teams is offered, where points are calculated based on real players' performances in live matches.
Funding Insights of Third Unicorn
Third Unicorn has successfully raised a total of $4.81M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.81 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.81M
- Total Rounds 1
- Last Round Seed — $4.81M
- First Round $4.81M
(Jan 2023)
- Investors Count 41
All 1 funding rounds of Third Unicorn with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $4.81M | Seed | $35.38M | Anirudh Kedia |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2023 | $35.38M | •••••••• |
Last known valuation $35.38M (Jan 2023). 41 investors in total: 14 institutional and 27 angel.
Investors in Third Unicorn
Third Unicorn has secured backing from 41 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Z Nation Lab, Samyakth Capital and Anirudh Kedia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in multiple sectors are managed by ZNL Growth Fund. | – | znigrowthfund.tcc.mode | - | |
Venture capital fund focused on multiple sectors | – | vevekventureinvestments.tcc.mode | Mumbai, India | |
Investments are directed toward early-stage sports tech startups by Rishaayu. | – | rishaayu.tcc.mode | Faridabad, India | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Venture debt firm | 2017 | samyakthcapital.com | Mumbai, India | |
- | – | straddleinvestment.tcc.mode | - | |
- | – | dsinvestment.tcc.mode | - | |
- | – | neharajstockbrokers.tcc.mode | - | |
Commercial bank | – | lazrventures.tcc.mode | Mumbai, India | |
- | – | oremaventure.tcc.mode | - |
Investor details for Third Unicorn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Third Unicorn Private Limited (Third Unicorn)
Third Unicorn Private Limited is the primary company behind Third Unicorn. The board of Third Unicorn Private Limited currently have 2 directors; the longest-serving is Madhuri Jain, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Madhuri Jain DIN 08183207 | Director | 06 Jul 2022 | 4 yrs 3 mo | Third Unicorn Private Limited |
| Ashneer Grover DIN 07254037 | Director | 06 Jul 2022 | 4 yrs 3 mo | Third Unicorn Private Limited |
People of Third Unicorn
3 people are tracked at Third Unicorn (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Madhuri Jain Grover | Co-Founder | Leadership |
Aseem Ghavri | Co-Founder | Leadership |
Complete people profiles for Third Unicorn
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Third Unicorn
Figures of Third Unicorn Private Limited, the primary company behind Third Unicorn, for FY 2025. Revenue was ₹1.14 Cr (-79% year on year). Net loss was -₹1.09 Cr (-95% margin). EBITDA was -₹2.08 Cr (-182% margin).
- ₹1.14 CrRevenue · FY 2025 · -79% YoY
- -₹1.09 CrNet loss · -95% margin
- -₹2.08 CrEBITDA · -182% margin
- ₹11.6 LakhPaid-up capital
- 19Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Third Unicorn Private Limited are on its company page.
Detailed financial statements for Third Unicorn
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Third Unicorn
3 dated milestones of Third Unicorn across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Third Unicorn is founded.
- Funding First funding round of $4.8M.
- Milestone Reaches Minicorn status.
Web traffic of Third Unicorn
The website of Third Unicorn (third-unicorn.com) receives about 2K visits a month.
- Monthly visits2K
▲ 132% vs previous month
Similar companies to Third Unicorn
10 companies that operate in the same segment as Third Unicorn (Sports Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Online fantasy sports platforms are provided for multiple sports. | 2012 | Boston, Massachusetts, United States | USD 718.6 M | USD 6.05 B | 5,100 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – |
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Frequently Asked Questions about Third Unicorn
Third Unicorn was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Third Unicorn is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Third Unicorn is a funded company, having raised a total of $4.81M across 1 funding round to date. The company's 1st funding round was a Seed of $4.81M, raised on Jan 2023.
The primary company behind Third Unicorn, Third Unicorn Private Limited, reported revenue of ₹1.14 Cr for FY 2025, down 79% year on year.
Founded in 2022 and based in Delhi, India, operations are focused on the fantasy sports and fintech sectors. A platform is provided for users to build virtual teams based on actual athlete performances in sports events. Additionally, loans are offered for medical expenses, featuring flexible repayment plans, payment management tools, and installment tracking capabilities.
Third Unicorn offers Zerope and Crickpe.
Third Unicorn has 41 investors. Key investors include Z Nation Lab, Samyakth Capital, Anirudh Kedia, Vishal Kedia, and ZNL Growth Fund.
The valuation of Third Unicorn is $35.38M as of Jan 2023.
Third Unicorn operates through Third Unicorn Private Limited.
The legal entities of Third Unicorn currently have 2 directors, including Madhuri Jain, Ashneer Grover.