WigglyDonut
WigglyDonut

Does anybody know what’s up at Groyyo?

There was news sometime back about their core business shutting down. Also rumours of something up.

Since then been silent. Anybody has updates

https://economictimes.indiatimes.com/tech/startups/tiger-global-alpha-wave-rope-in-deloitte-to-evaluate-b2b-startup-groyyos-trading-business/articleshow/104804537.cms?from=mdr

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Indian Startups
by WigglyBananaCorporate Strategist

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?

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user

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

user

Know somebody who works there Have definitely seen there approach to the company change over time, and their con...

user

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

Indian Startups
by WobblyNarwhalGrowth Manager

Subtle Dig at Groyyo?

Came across this post by a VC - and he mentions a startup that is similar to zilingo and mentions that the startup is ‘pulling similar tricks as Zilingo’ - cooking the books.

Does anyone have any insight about what is actually happenin...

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