Yogendra Vasupal, the co-founder of Stayzilla, is out on bail, after being arrested on criminal charges, filed by a vendor who claimed outstanding dues from the shuttered startup.
In an interview with the Economic Times, he points out that cash was never a constraint. It was a matter of principle.
He said that Stayzilla found discrepancies and forgery in much outdoor advertising done by Jigsaw Solutions. Ample opportunity was given to them to manage it but Jigsaw failed. Vasupal said he will win this battle in court.
On the question of contracts, Yasupal said Jigsaw was an