Used to hearing about founders embezzling money. 
Inn VC aunty ne toh khudke ghar main chori kar li.

Product Manager

Waah waah @HandyBull26 aap to fortune teller nikle

Product Marketing Manager

I saw this post on grapevine like 1 month ago and was surprised to see a leading VC caught in a scam.    Saw Twitter today and many journalists say this VC fund has shut now. Anyone knows about wha...

Welcome to News Discussion's Private Community

I saw this post on grapevine like 1 month ago and was surprised to see a leading VC caught in a scam.  

Saw Twitter today and many journalists say this VC fund has shut now. Anyone knows about what happened at Omidyar

A platform for honest Salary and Career Discussions - Join 50K+ members from top tech companies and startups on Grapevine

Earlier Roopa Kudva (Omidyar Managing Partner) was being investigated by ED for suspicious trades. I noticed she’s stepped down as Omidyar Network chief. Anyone knows what’s the scene? - Grapevine

1 month old post on Grapevine about Omidyar Networks; Now looks like the VC fund has now shut down

1 month old post on Grapevine about Omidyar Networks; Now looks like the VC fund has now shut down- Grapevine

Welcome to Indian Startups's Private Community

This came out of nowhere. Poor investments? Executive troubles? Both?

Honestly the investing team lacked grit and commitment towards a founder or an investment. In late 2019 they finalised terms with us while an international investor was leading the round, they pulled out last minute because some random fuck company raised 2X the amount of our round from tier 1 vc. Now that company doesn’t exist anymore but I guess neither the fund…me too can never be an investment strategy but sadly this is pretty much how Indian vcs think. We’re still alive and growing 😁

Growth Manager

Analyst

What do you think about this "Grapevine" platform ? Are they generating some profit? 
Or same like Koo, exist because of VC?

The shutdown of Koo( Indian micro blogging platform)...

Software Engineer

Mojocare fraud out

VC Analyst

I saw the founders' posts about hiring for Grapevine. Did you guys raise funds? If not, how is this being funded? How do you plan to monetize? What's next for Grapevine?

How is Grapevine doing?

They’ve been mentioned in posts here previously, this is just an official update that something was wrong

Anybody knows more of what went on there?

Tiger backed Groyyo will have to shut down its B2B/trading business

Corporate Strategist

I remember one of the founders who had quit posting about OCEN and ONDC. Also, they're  hiring for new venture.
Any insider info?

Did Zestmoney founders pull the plug to fund new startup?

Another consumer tech startup bites the dust :/

https://entrackr.com/2023/10/ex-myntra-ceos-startup-virgio-shuts-down-after-raising-37-mn/

Virgio shuts down a year into raising $37Mn

Get a tag(college/company) -> Open a startup -> Get Funding (even seed stage is fine) -> Burn money -> sell or shut down startup. 
  
 Fastest way to accumulate wealth in today's time.

Software Developer

This is the first big exit of a big VC from India

Omidyaar VC exiting India

The market regulator Securities and Exchange Board of India (SEBI) had issued a show-cause notice to the company in November 2020 after the company decided to shut six debt schemes in April 2020.

ED conducts searches on Franklin Templeton's Roopa Kudva, Vivek Kudva, Santosh Kamath and others

Earlier Roopa Kudva (Omidyar Managing Partner) was being investigated by ED for suspicious trades. I noticed she’s stepped down as Omidyar Network chief. Anyone knows what’s the scene?

1 month old post on Grapevine about Omidyar Networks; Now looks like the VC fund has now shut down

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