1. Jailed startup Stayzilla founder Yogendra Vasupal gets support as corporate honchos shoot off letter to Rajnath Singh for relief

Jailed startup Stayzilla founder Yogendra Vasupal gets support as corporate honchos shoot off letter to Rajnath Singh for relief

In an open letter signed by 73 founders which include names such as Mohandas Pai and Vinod Muthukrishnan, they petitioned that Vasupal had not had a bail hearing despite being jailed for 7 days.

By: | Chennai | Published: March 21, 2017 4:09 AM
In an open letter signed by 73 founders which include names such as Mohandas Pai and Vinod Muthukrishnan, they petitioned that Vasupal had not had a bail hearing despite being jailed for 7 days.

Drumming up support to arrested StayZilla CEO Yegendra Vasupal, a group of founders of various start-ups, including Vijay Shekhar Sharma of Paytm and Bhavish Aggarwal of OlaCabs, on Monday shot off a letter to Union home minister Rajnath Singh urging him to intervene in the matter for a free-and-fair investigation into the dispute as well as to ensure nobody abuses power to subvert the law of the land. They also requested him to ensure that expeditious justice is provided to the troubled start-up CEO.

In an open letter signed by 73 founders which include names such as Mohandas Pai and Vinod Muthukrishnan, they petitioned that Vasupal had not had a bail hearing despite being jailed for 7 days. This already had global repercussions and besmirched India’s reputation in the Silicon Valley and elsewhere, the letter, which was also marked to Nirmala Sitharaman, minister of state for commerce and industry, and Amitabh Kant, CEO, Niti Aayog, among others, said.

“Of course, the judiciary will eventually get to the bottom of this case after a fair trial, and God willing, Yogi will walk out of the jail. But what Yogi and his family are going through now make India look like the worst place, a nightmarish choice to become an entrepreneur. We are standing up together as a community and believers in the vision of Prime Minister Narendra Modi for Start-up India,” the letter, published in help-yogi.com, said.

Please Wait while comments are loading...

Go to Top