The death of Pankhuri Shrivastava, the founder of the women-focused social community platform ‘Pankhuri,’ has shocked and saddened the internet and the entrepreneurial community.
After experiencing cardiac arrest, the Sequoia Capital-backed organization’s founder died on December 24. She was 32 years old at the time.
On Monday, her company ‘Pankhuri’ tweeted, “With great grief and sorrow, we regret to report the sad demise of our CEO Pankhuri Shrivastava.” “We lost her on December 24, 2021, when she suffered a sudden heart attack. May her soul be blessed with Sadgati. Om Shanti.”
Pankhuri was not her first business venture. Pankhuri Shrivastava previously created a home-rental firm called ‘Grabhouse’ in 2012. Sequoia Capital, Kalaari Capital, and India Quotient backed Grabhouse, which was ultimately sold to online marketplace Quikr in 2016.
Through live streaming, chat, and cohort-based sessions, Pankhuri provides a platform for women to network, learn, and shop. Instead of being passive customers, it allows them to be active participants in beauty and lifestyle discussions online.
“It came as a shock to me yesterday when I found out that @pankhuri16 is no longer,” Vani Kola, the founder of Kalaari Capital, tweeted on Sunday. I recall her as a vibrant, intelligent woman who was full of ideas and energy. She was sure of herself. That was the first thing you noticed about her.”
“Her death is a blow to our startup community. Although we have lost a brilliant and youthful founder, I am confident that her legacy will go on. “It was truly an honour to meet Pankhuri,” Kola wrote in a tribute on Twitter, a social media platform established in the United States.
Pankhuri Shrivastava was recognised as a brave entrepreneur by Anand Lunia, founder of early-stage VC fund India Quotient and an investor in ‘Pankhuri.’ “This is frightening information. Pankhuri was a vivacious young man. “How many entrepreneurs have the guts to name their company after themselves?” he asked.
Shrivastava met Lunia at the fund’s boot camp in 2013 and invested in both of her businesses. Shrivastava launched Pankhuri in 2019 with funding from Sequoia Capital India’s Surge startup accelerator programme, India Quotient, and Taurus Ventures.
“It’s difficult to comprehend how someone so full of life could leave us so soon!” Shocking! We send our heartfelt sympathies to the family! On Sunday, GV Ravishankar, managing director of Sequoia Capital India, tweeted, “The ecosystem will miss an unique guy.”
“Pankhuri had so many ideas, insights, full of excitement and creativity,” Shailendra Singh, another managing director at Sequoia Capital India, tweeted. As a founder, we are still processing this massive loss. “I’m numb and heartbroken.” Shrivastava earned a bachelor’s degree in computer science engineering from Rajiv Gandhi Technical University and subsequently completed a Teach for India fellowship, according to her LinkedIn profile. Before creating ‘Pankhuri,’ she worked for a year at tech platforms ZestMoney and Quikr. “Take chances in life if you want to try something new and unusual. Stepping outside the norms will increase your risk appetite. Take risks and people will follow!” Shrivastava told Kola during a recent interaction, which the Kalaari Capital founder wrote on her LinkedIn page on Sunday.