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TRELL PROBE
Trell looks to reach break-even by end of this fiscal: cofounder Pulkit AgrawalThe company's board and investors of Trell remain deeply committed to the business and have full faith in the founders and the leadership o...- Trell served legal notice by Creatify Web Services over unpaid duesOther recipients of the legal notice include Shreya Goel and Siddharth Vasishtha of Trell, who oversaw the engagement between the two firms.
- 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....
- Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
- Sequoia postpones close of $2.8 bn India, SEA fund amid probe into portfolio firmThe storied Silicon Valley venture capital firm, which is an early backer of unicorns such as Byju’s, Zomato and Oyo, had already received ...
- 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...
- Zilingo appoints Deloitte to probe harassment complaintsDeloitte has sought a meeting with Bose on Friday and requested her to send across any relevant documents she may be having. ET has seen a ...
- Startups shed flab amid slowdown in large funding roundsThe trend is likely to play out further, though the early-stage funding ecosystem has yet to significantly taper off. Investors have begun ...
- BharatePe, Trell, Zilingo investor Sequoia Capital says will respond strongly to wilful misconduct, fraud"We think it’s time for us, as an ecosystem, to sign up for better governance,” says the VC fund, as many of its portfolio firms in India f...
- 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...
- CCI orders probe into Zomato & Swiggy; Trell gets a lifeline and BharatPe CEO on what’s next for the fintechCCI has asked its director-general to submit a report on the matter in 60 days. While the commission said that delayed payment cycles and b...
- Trouble-hit Trell gets a lifeline; crypto trading volumes dip amid new tax lawsTrell, which has been under a probe for financial irregularities, has sold around 10% stake in AppsForBharat to one of its existing investo...
- 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’s cofounder Pulkit Agrawal sends a fiery note to investorsET has reviewed Agarwal’s critical note sent to all investors following the paper’s queries last week to the Bengaluru company on the scope...
- Tax officials raid Zetwerk’s offices, founders’ homes suspecting tax evasionAccel India, D1 Capital Partners, Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital are some of Zetwerk’s investors.
- 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...
- EY India probes finances of influencer-led social commerce startup TrellThe team from the consulting firm is looking into alleged related party transactions by its founders and other financial irregularities, th...
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