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Months after the fall of his beauty and content commerce unicorn, Good Glamm Group’s Darpan Sanghvi is making a comeback with a new venture.
On Wednesday, he launched CoFounder Circle, an AI-powered acceleration platform designed to help startups and small businesses access talent, tools, and capital for growth.
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According to Sanghvi’s LinkedIn post, the platform will unite co-founders, team members, interns, fractional operators, service providers, vendors, AI tools, mentors, incubators, and investors in a single ecosystem.
“This time, if it clicks, this will not just be a meaningful business, but more importantly we will make a real impact on the whole entrepreneurial ecosystem,” he said.
CoFounder Circle is an AI-native platform, integrating technology into every stage of company building. LinkedIn posts state that 50% of its equity is reserved for the community—employees, mentors, and former Good Glamm stakeholders—as part of Sanghvi’s restitution plan. A waitlist is now open for startups seeking incubation, mentorship, and investor demo days.
A few months ago, Sanghvi shared a honest LinkedIn post about breaking up Good Glamm Group, saying its rapid growth was "too much, too fast, too big." The company, once a $1.2 billion content-to-commerce unicorn, was split up because lenders demanded sales targets for its brands like MyGlamm, POPxo, Sirona, and ScoopWhoop.
Sanghvi admitted the company's uncontrolled growth caused problems and promised to set up a fund to compensate stakeholders.
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