NEW DELHI: Singapore-based startup Zilingo got here again to the information after its co-founder and former CEO, Ankiti Bose, filed a primary info report (FIR) towards co-founder Dhruv Kapoor and former COO Aadi Vaidya, for alleged dishonest, fraud, and sexual and psychological harassment.
Bose, who was sacked after alleged monetary irregularities on the style startup — which raised greater than $300 million from prime traders, together with Temasek Holdings Pte and Sequoia Capital India (now Peak XV Companions) — alleged that Kapoor and Vaidya “have engaged in misleading actions, deceptive each myself and traders in an try to realize monetary benefits and coerce me into relinquishing my shares and enterprise beneath false pretences”.
“Kapoor and Vaidya threatened me, used lewd language and despatched me vulgar sexually specific messages from untraceable accounts and likewise threatened me that they’ll goal me on-line and that they’ll get me right into a horrible psychological state the place I’ll commit suicide,” alleged Bose.
Kapoor was quoted as saying in studies on Wednesday that Bose’s allegations are “utterly baseless, unfaithful, and malicious”.
“All through my tenure at Zilingo, I upheld my integrity by aiding the board’s inquiry into Ankiti’s misconduct whereas fostering skilled relationships and striving to construct moral merchandise,” stated Kapoor.
Vaidya additionally stated that the allegations “are utterly baseless and unfaithful”.
“This looks as if nothing however a transparent afterthought finished with a malicious intention to hurt my repute and harass me,” he was quoted as saying in studies.
In her felony criticism, Bose alleged that Kapoor and Vaidya have “intentionally disseminated false and malicious details about me, with the intent of tarnishing my private {and professional} repute”.
Zilingo entered liquidation in January final yr. The startup ecosystem has been rocked by a number of such instances up to now, together with BharatPe Co-founder Ashneer Grover, Dealer Community (operated by 4B Networks) founder Rahul Yadav and others.
