India: Stayzilla founder Vasupal arrested on charges of fraud, investors seek release

(From left) Stayzilla founders Sachit Singhi, Yogendra Vasupal and Rupal Yogendra.

Prominent investors, founders and other stakeholders in India’s growing start-up ecosystem are rallying around Stayzilla founder Yogendra Vasupal and calling for his immediate release from police custody, a day after he was arrested by local authorities in Chennai on charges of defrauding an advertising agency.

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