Pankhuri Shrivastava poses for a photo at Beverly Hills park. Instagram photo

"With profound grief and sorrow, we regret to inform the sad demise of our beloved CEO, Pankhuri Shrivastava. We lost her on 24th December 2021 due to a sudden cardiac arrest," Pankhuri's Twitter account posted.

Shrivastava previously founded rental startup Grabhouse which was sold to online classifieds company Quikr in a cash and equity deal in 2016.

"Yesterday, it came as a shock to me when I found out that @pankhuri16 is no more. I remember her as a vivacious bright woman full of ideas and full of life. She was confident. That was something you noticed about her immediately," Vani Kola, founder of Kalaari Capital, tweeted.

"Her demise is a loss for our startup ecosystem. We lost a bright and young founder, but I know her legacy will live on. It was truly a privilege to know Pankhuri," Kola posted in the tribute on US-based microblogging platform Twitter.

32-year-old serial entrepreneur is credited for creating a brand 'Pankhuri' for women members to socialise.

Kola added, "My heart reaches out to her family at this untimely tragedy."

Pankhuri graduated with an engineering degree from RGTU in Bhopal. She also taught in municipal schools in Mumbai under the fellowship programme of Teach for India.

"Deeply saddened and shocked by this sudden loss. Pankhuri was so full of life, ideas and passion and had missionary zeal. We loved having Pankhuri in our Surge family and we will miss you so dearly. Thoughts and prayers are with her family in this very difficult time," Ranjan Anandan, Managing Director of Sequoia India mentioned in a tweet.

Indo-Asian News Service