Download
Indian Startups
Indian Startups
on
WigglyBanana
WigglyBanana
Stealth

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

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?

Post image
14mo ago
Find out if you are being paid fairly.Download Grapevine
GroovyKoala
GroovyKoala
Acko14mo

Heard Groyyo is cooking numbers? Is it true? Can any VC guy confirm? https://share.gvine.app/rWvGF7QZhemddmW7A

Hmm

SquishyQuokka
SquishyQuokka
Gojek14mo

Damn this reminds me of Mojocare. Someone had posted a similar post 4-5 months before the news broke.

ZoomyJellybean
ZoomyJellybean
Stealth14mo

Running a business just because you have nothing else to do, is recipe for failure

WobblyRaccoon
WobblyRaccoon
Rakuten14mo

Baithe baithe kya kare, karna hai kuch kaam.

Shuru karo B2B business, aur books cook karne ka kaam.

*I don't know if there is any fraud in Groyyo. I hadn't even heard about them till this post.

PrancingCoconut
PrancingCoconut
EY14mo

Oooh interesting… Went to the same college/same batch as one of the founders and had reached out to him early in 2021 if he needed my help in setting up. He ghosted but I also dodged a bullet here??

WigglyDonut
WigglyDonut
CityMall14mo

Most definitely

SnoozyPotato
SnoozyPotato
Stealth14mo

I also dodged a bullet

WobblyNoodle
WobblyNoodle
Zomato14mo

Know somebody who works there

Have definitely seen there approach to the company change over time, and their confidence get removed

CosmicDumpling
CosmicDumpling
InMobi14mo

So they basically funded the people who allegedly did fraud at Zilingo to create another Zilingo.

Fraud investment lvl 100

Discover more
Curated from across