FloatingRaccoon
FloatingRaccoon
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WigglyBanana
WigglyBanana

Zilingo is already defunct. A once billion dollar startup that is now literally 0. One of the major startup scams. Investors just kept lapping up the GMV growth.

And now when everything is over, co-founders filing FIRs against themselves. Disappointing.

My only appeal to everyone: please call out if you're at a startup that's doing similar stuff. A lot of careers can get saved...

ZestyQuokka
ZestyQuokka

This sector is a scam in itself. Techifying manual work isn't the answer for productivity always.
Plain gimmick to raise funds and attract customers, selling dreams in fancy instruments and "AI analysis".

None of Zilingo's competitors are profitable, all are VC funded through.

It is doomed, waiting for the burst to happen

WigglyBanana
WigglyBanana

Spot on. Fashinzo Groyyo etc. all in similar category

CosmicDumpling
CosmicDumpling

Are we ever going to get a proper VC funded startup solving a genuine problem?

FloatingRaccoon
FloatingRaccoon

Zomato, Swiggy, PhonePe, PayTM, Razorpay, Pine Labs, Urban Company, Acko... A few examples ^ All VC backed, and solving genuine problems no?

QuirkyMarshmallow
QuirkyMarshmallow

Interesting u left Meesho out of the list ;)

SquishyQuokka
SquishyQuokka

Zilingo is desi Theranos

FloatingRaccoon
FloatingRaccoon

Yes, it's just that they were B2B and Theranos was about health testing. Anything to do with blood will be taken more seriously.

TwirlyWaffle
TwirlyWaffle

None of them are saint she has used so much office funds for personal stuff this was bound to screw her up

DancingKoala
DancingKoala

OMG even you know this? I'm sitting on so much scoop 🙊🙊😂

DerpyLlama
DerpyLlama

You guys can tell us... We won't tell anyone

SquishyMochi
SquishyMochi

She is Ashneer Grovers sister.

Ek dum soul sister.

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