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2024-02-08T16:16:11.775Z

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Builder.ai Cofounders Booked In Two Separate Criminal Case

Inc42 · 8m

Builder.ai Cofounders Booked In Two Separate Criminal Case

Cofounders of AI startup Builder.ai, Sachin Dev Duggal and Saurabh Dhoot, have been booked by the Enforcement Directorate (ED) in connection with separate criminal cases. Duggal is a suspect in a money laundering case related to bankrupt electronics giant Videocon, while Dhoot is implicated in an alleged loan fraud case. The ED is investigating transactions between 2008 and 2012 that suggest Videocon transferred funds to a company founded by Duggal in India, which were then allegedly transferred to Videocon's overseas entities. Builder.ai has received backing from tech investors including Microsoft and SoftBank.

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Comments

Amil Sanan

vyy

8 months ago

anurag gulatiFounder @dahlia.social....

Best news of the day. Builder.ai scammed me of lakhs of rupees on false promises

1 Reply

8 months ago

ShuvamBuilding the best solution to MakeMakaan....

Value alignment at its finest, that’s the proof of a good cofounder partnership. 😂

8 months ago

Pratik JalukaBusiness Analyst....

Ye MLM wala maal startup ecosystem mai kaise ghus gaya bhaiyav

8 months ago

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Builder.ai Cofounders Booked In Two Separate Criminal Case

Comments

More Like this

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