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Builder.ai founder potential deal deals to get the founder failed company


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Builder.Ai’s founder Sachin Dev Duggal sang investors with potential transactions to remove the UK software company without bankruptcy.

Microsoft-spoken artificial intelligence intelligence, which is worth more than $ 1 billion At the beginning of this week Thanks to “historical difficulties and former decisions,” will begin bankruptcy.

Earlier this year, Duggal, who took a step like the CEO and protecting the title of “Main Chairbaz”, approached more than one investor in the discussions for two people, according to two people.

Duggal’s latest pitch, details, builder.ai’s assets, as well as a predecessor of managers, also showed a form of bankruptcy, an opportunity to agree with the appointment of managers, an opportunity or opportunity.

Duggal, the agreement will require less than $ 10 million in the initial finance, and the company must reopen.

He also wanted to invest in investors in the company only 90 days ago, before starting an assessment of 90 days ago, before the financial flow begins.

The main units of Builder.AI are in companies with these branches in the United States and England, India and Singapore. According to people familiar with the issue, several jurisdictions plan to hold a multitude of insolvency.

Any effort to retrieve the company’s assets, Builder.Ai’nin in October could be difficult with entering a group of lenders in many intellectuals. These lenders helped Builder.Ai collapse in a standard call at a $ 50 million facility recently.

The Builder.ai at the beginning of this week reported the collapse after an internal investigation Potential counterfeit sales And there may be an agreed effort to inflict income.

The income figures presented to the Board under the leadership of the baggage before.

Builder.ai claimed to build an application or website “to build a process” as an artificial intelligence to make the process facilitative as ordering.

This pitch is designed to pour more than $ 500 million – in some of the world’s most famous technology investors – Insight partners and a single-central section unit.

At the beginning of this week, some shareholders of this week earlier this year, a proposal to get rid of $ 75 million, as the company faces rescue debts and installation debts.

Duggal and Builder.ai did not respond to comment requirements immediately



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