Stayzilla

Why Stayzilla's investors did not bail CEO out by settlement with vendor

Stayzilla has currently stopped operations and is expected to be working on a different business model

Stayzilla co-promoter granted anticipatory bail by HC

The Madras High Court today granted anticipatory bail to online home stay aggregator Stayzilla's co-promoter Sachit Singhi in a case lodged against him allegedly for duping an advertising firm of Rs 1.68 crore.

Stayzilla founder Yogendra Vasupal says dues unpaid as bills were forged

Stayzilla cofounder Yogendra Vasupal, who recently spent 28 days in jail following allegations of fraud by its vendor Jigsaw advertising has hit back at the firm and alleged several irregularities.

StayZilla co-founder Yogendra Vasupal gets bail in cheating case

On February 23, Yogendra Vasupal announced that StayZilla is going to halt its operations in its current form and will go with a reboot with a different business model

Stayzilla arrest: What it means for start-ups

How boardroom battles are slowly killing Indian startups

Boardroom battles inside startups show that the goals of co-founders, early stage and late stage investors are often misaligned which often leads to shutdown of the firms.

Woman entrepreneur who accused Stayzilla of fraud writes to PM Modi

Principal Sessions Court rejects bail plea for Stayzilla founder

There's no respite for Stayzilla's founder and CEO Yogendra Vasupal. The Principal Sessions Court has rejected his bail plea. Vasupal was arrested on March 14 following a complaint by Jigsaw Advertising.

Stayzilla's January to May 2016 dues stand at Rs 1.72 crore: Jigsaw Advertising

The legal fight between Stayzilla and the Jigsaw Advertising seems to have intensified further. While the Stayzilla owners have rejected the charges, on the other hand, vendors claim that they are left helpless ever since the shutdown has been announced. CNBC-TV18's caught up with the Jigsaw Advertising - Stayzilla vendor, to bring you their side of story in the Stayzilla case.

Startup woes: Stayzilla CEO to remain behind bars, court denies bail

Even as over 400 founders and CEOs of startups have come out in support of him, Stayzilla CEO Yogi Vasupal is likely to remain behind bars, as his bail application was rejected today in a Chennai court.

#HelpYogi: 73 startup CEOs pen letter to govt seeking fair probe for Stayzilla founder

The letter is supported by Paytm CEO Vijay Shekhar Sharma, Ola CEO Bhavish Aggarwal, former Infosys Chief Financial Officer Mohandas Pai among others.

FIRs pile up against Snapdeal's logistics arm GoJavas over unpaid dues

Leading cargo vendors are alleging that GoJavas has failed to pay dues ranging from Rs 50 lakh to more than Rs 2 crore over the past six months, when there was an ownership churn at the company.

Flipkart's Sachin Bansal expresses solidarity with Stayzilla CEO

Flipkart's co-founder Sachin Bansal tweeted saying “Let the law take its course, but intimidation of #stayzilla founders crosses a line. It's unhealthy for entrepreneurship in India.”

Stayzilla CEO arrested, co-founder gets threats to child’s life

The Founder and CEO of the now shut Chennai-based startup Stayzilla has been remanded to police custody on complaint of non-payment of dues by vendors. India’s startup community including investors and CEOs have come forward in support of the startup CEO on social media.

Japanese e-tailer Rakuten defers India entry citing uncertainty

Rakuten is still unsure whether it wants to venture into the country due to concerns about the slowdown in growth in India's e-commerce market. According to to RedSeer Consulting, the Indian e-commerce industry grew by a meagre 12 percent in 2016 compared to 180 percent in 2015.

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla, rival e-commerce firm Paytm is walking into the ring by offering generous job offers to laid-off staffers.

What Paytm boss Sharma's tweet tells us about the startup space

Even as tech startups continue to make "errors in execution", as the Snapdeal founders said in a letter to their employees, Alibaba-backed Paytm is in the pink of health.

Stayzilla to wind up biz following tough competition from rivals

Chennai-based online hotel room aggregator Stayzilla is shutting down operations owing to tougher competition from bigger rivals and a tighter business environment.

Campsite aggregator Deyor raises $500,000

The funding comes three months after Deyor announced acquisition of a strategic stake in the company by business to business travel portal Travel Boutique Online.

Stayzilla, Punjab Heritage & Tourism Promotion Board ink pact

Stayzilla, which offers a platform for verified homestays and alternate stays, has entered into a partnership with Punjab Heritage and Tourism Promotion Board (PHTPB) to jointly promote unique stays in the state.

'Success is not defined by how much funding you can raise'

OYO Rooms may have taken pole position in the hotels aggregation space, but Bangalore-based Stayzilla is not worried. Stayzilla says its strategy is to turn profitable within two years by deepening its focus in the homestay segment, report CNBC-TV18's Adith Charlie and Arundathi Ramanan.

LIME visits NITIE with a challenge from Stayzilla

In this episode of Lessons in Marketing Excellence Season 7 visits National Institute of Industrial Engineering in Mumbai properly known as NITIE. The case study for NITIE comes from Stayzilla, one of India‘s leading online marketplaces for alternate accommodations spanning the country.