Indian Startups21mo
by FuzzyTacoGrowth Manager
WobblyNarwhal
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 happening at Groyyo?
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Curated from across
by WigglyDonutGrowth Manager
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-deloitt...
Indian Startups17mo
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?
Top comments
Heard Groyyo is cooking numbers? Is it true? Can any VC guy confirm? https://share.gvine.app/rWvGF7QZhemddmW7A Hmm
Know somebody who works there Have definitely seen there approach to the company change over time, and their con...
So they basically funded the people who allegedly did fraud at Zilingo to create another Zilingo. Fraud investme...
News Discussion11mo
by FloatingRaccoonMeesho
Zilingo CEO files FIR against COO & CTO
What an absolute shit show https://www.moneycontrol.com/news/technology/fraud-threats-sexual-harassment-zilingos-ankiti-bose-files-fir-against-co-founder-ex-coo-12706929.html
Top comments
Zilingo is already defunct. A once billion dollar startup that is now literally 0. One of the major startup scams. I...
Zilingo is desi Theranos