Agara Labs raises $2.5 million in pre-Series A funding round led by Blume Ventures and RTP Global
The company will use the proceeds from round on product development, and set up North America sales team.
Homestay startup Stayzilla up for grabs
Started in 2006 by Yogendra Vasupal, Sachit Sanghi and Rupal Yogendra, Stayzilla — backed by marquee ...
NCLT orders StayZilla into insolvent liquidation in case file by vendor Jigsaw
The Tribunal had considered the arguments of StayZilla that pending judgment in a criminal case filed against founder Vasupal.
After Stayzilla mess, startups advised to tweak contracts
In long-term contracts such as debt deals, the terms of the agreement contain a clause that allows for mediation in case of differences.
Stayzilla co-promoter denied anticipatory bail
Principal Sessions Judge Nazeema Banu dismissed Singhi's bail plea after his counsel refused to accede to the prosecution's suggestion that the bail may be granted to him on a bond of Rs 60 lakh.
It was always a matter of principle, not cash: Stayzilla founder
Freed on bail, Vasupal said the crux of the searing dispute with advertisement agency Jigsaw Solutions was suspension of trust and an outbreak of hostilities, rather than the financial inability of his startup to clear dues.
StayZilla founder Yogendra Vasupal granted bail
Judge S Baskaran, while granting bail, termed the case as "purely a dispute between two businessmen."
'Stayzilla CEO arrest will badly impact startup India'
Vasupal, founder of Stayzilla that announced the halt of its operations last month, was taken into custody by the Chennai police following charges of defraud by an advertising firm.
Startup founders rally behind Stayzilla CEO
"Many startup founders, including myself, have seen the ugliness of getting on the wrong side of people with bad intentions,“ said Bahl, while Tewari exhorted “save entrepreneurs."
Travel startup Stayzilla CEO Yogendra Vasupal arrested
A source close to ET confirmed that Jigsaw Advertising had slapped charges of defrauding against the company causing Vasupal’s arrest.
Stayzilla suspends operations, to reboot with new business model
Started in 2007 by Vasupal, Sachit Singhi and Rupal Yogendra, Stayzilla started off by offering budget hotel accomodation to travellers but shifted focus to home stays last year.
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