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ZILINGO TO LIQUIDATE
Shift in sentiment: Angel investors exercise caution amid changing startup dynamicsThe Indian startup scene has seen a shift in angel investor focus, with many investors becoming more cautious. In 2020, angel investors lik...- ETtech Deep Dive: inside the changing VC deal terms as easy startup funding era endsSanjay Pathak was astonished by the venture capitalist’s ask. A cofounder of the New Delhi-based dental-aligner manufacturing upstart 32 Wa...
- 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.
- India withdraws UN proposals on fighting cybercrime; Zomato shuts 10-min food deliveryThe policy document was withdrawn after it failed to find adequate support from other member nations of the UN Ad-Hoc committee, sources sa...
- Singapore-based Zilingo sells Ncinga, tech assets to Zurich-based Buyogo AGThe liquidation process caps a high-octane drama which unfolded at the Sequoia and Temasek-backed startup last year after its investors and...
- Singapore’s Zilingo to liquidate after crisis at fashion startupThe liquidation process spells an end to a startup whose implosion and months-long battle for survival sent shock waves through Southeast A...
- B Capital closes third growth fund at $2.1 billion to ramp up India betsB Capital’s third growth fund is more than double its previous one, which had a corpus of $820 million and closed in June 2020. With the la...
- Govt finalising online gaming rules; LazyPay updates terms after RBI orderOfficials told us it would be “a light-touch framework that co-exists with the regulations” states have passed
- Ankiti Bose resigns from Zilingo boardBose said in a post on Instagram that “opacity of information” with respect to her as a board member and shareholder led to the decision.
- RBI guv calls crypto a ‘clear danger’; Lenskart acquires Japan’s Owndays in $400M dealRBI governor Shaktikanta Das said cryptocurrencies present a “clear danger” to financial systems and stability.
- Ahead of board meeting, ex-Zilingo CEO Ankiti Bose endorses cofounder's proposal to buy companyIn an email sent by cofounder Kapoor and endorsed by ex-CEO Bose, Kapoor proposed to pay up $48 million in outstanding debt and infuse addi...
- Crypto investors nurse FOMO wounds; Zilingo founders offer to buy troubled firmAs the bears’ grip on the market tightens, Indian investors who succumbed to FOMO (fear of missing out) and invested in crypto assets are f...
- How to torch your unicornAnkiti Bose is right to fear for her reputation. The confident, charismatic businesswoman ran a burgeoning empire that spanned from Indones...
- Sequoia closes largest India, SEA fund at $2.85B; concerns over proposed IT rules changesThe storied VC firm has now closed this fund, and will invest $2 billion of it in Indian startups and the remaining $800 million across Sou...
- Terra’s aftershocks torment cryptoThis week, Terra’s creator Do Kwon was fined $78 million by tax authorities and faces an investigation in South Korea, another stablecoin l...
- Zilingo sacks CEO Ankiti Bose: how the saga unfoldedThe statement added that after Bose was suspended as CEO, she brought to the board’s attention certain harassment claims but these did not ...
- Musk plans Twitter’s second IPO; Zilingo cofounder rebuffs harassment claimsElon Musk plans to take Twitter public again and could do so within three years of buying the social media company, the Wall Street Journal...
- ETtech Startup Awards 2021: Celebrating breakthrough momentsThe 11-member jury described 2021 as a breakthrough one for the Indian startup ecosystem in the wake of two highly successful IPOs—those of...
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