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TRELL NEWS
Zilingo cofounder Ankiti Bose files Rs 820 crore defamation suit against investor Mahesh MurthyMurthy is the managing partner at early stage venture capital firm Seedfund which has backed the likes of redbus, Chumbak and others.- Sequoia considers auditing South Asia investments as lapses riseSequoia Capital India will also be more selective when taking board seats at companies and, in some cases, might replace junior members fro...
- Startup funding dips 37% in Q2; govt 'unsure' of Vedanta-Foxconn chip expertiseEven though early-stage deals retained their momentum from the previous quarter, total venture capital for Indian startups fell to just $6....
- Trell served legal notice for ₹47L duesIdiotic Media has also demanded compensation of ₹5 lakh from Trell for causing mental agony and harassment.
- Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
- Sequoia delays close of $2.8B fund amid probes; RBI dents Sachin Bansal’s banking dreamsThe storied venture capital firm has told its limited partners it has decided to postpone the close of its $2.8-billion India and Southeast...
- Troubled to see some people act against Zilingo’s interests, cofounder tells employeesBose, who worked with Sequoia Capital India before launching Zilingo, disputed these allegations and contested her suspension. She termed t...
- Investors buy Trell’s stake in AppsForBharat for $9 million as startup struggles for cashThe secondary transaction saw Mirae Asset and Middle-East based MSA Novo buy shares from Trell, amounting in all to around $9-10 million as...
- Trell cofounder Sachan sold full stake in company last year, says no longer involvedSachan said he first diluted the majority of his equity in Trell by transferring it to the management stock options plan (Msop) in December...
- Trell is the new BharatPe; Boat plans acquisition spreeThe note is significant as it signals a rift between the company’s founders and some of its investors. It is reminiscent of the recent boar...
- Infra.Market hid Rs 224 crore of income, I-T probe finds; cofounder distances himself from TrellOn Sunday, the department said in a press statement that it has found evidence of attempted tax-evasion at “a startup based in Pune and Tha...
- Trell to lay off hundreds of employees amid probeET was the first to report about an ongoing investigation into the company's books of accounts on March 12.
- SoftBank may invest in Tata, Mahindra; RBI to set terms of Paytm Payments Bank auditThe news comes just days after we reported that Tata Digital had sought funds from its parent firm Tata Sons after talks with various globa...
- Paytm Payments Bank denies it leaked data to China; Trell to lay off hundreds of employeesBloomberg reported that the RBI acted against Paytm Payments Bank as it had allegedly leaked data to entities in China. The company has ref...
- Swiggy to test social commerce for group buying of groceriesSwiggy has been conducting a combination of external as well as internal hiring – including for several technology roles - to build the ver...
- YouTube to acquire video-based social commerce startup simsimStarted in July 2019 by Amit Bagaria, Kunal Suri and Saurabh Vashishtha, simsim helps small businesses transition to e-commerce through inf...
- ETtech Deals Digest: Flipkart, Delhivery raise funds this weekStartups bagged bigger rounds this week compared to the previous one. E-commerce firm Flipkart and logistics startup Delhivery were among t...
- Race is on to take TikTok's vacant short-video crownGaana, meanwhile, has launched a new platform — HotShots — which allows users to create and share short videos and stories with its audienc...
- Creator economy built by TikTok, Likee to collapse, Indian video apps get ready to attract themBuilt and nurtured chiefly by the now-banned TikTok, Likee and Bigo Live, an estimated 15-20 million of the 200 million short-video app use...
- Local language content cos help stem fake infoJosh Talks has added advisories in eight regional languages to all its videos and started a special series featuring doctors and medical pr...
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