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Builder.ai

  • Wednesday, 25 June, 2025
    Builder.ai ‘Chief Wizard’ Sachin Dev Duggal made $20mn in share sales

    Former chief executive of collapsed Microsoft-backed start-up also borrowed against holdings

    Sachin Dev Duggal, Builder AI logo and US dollar note
  • Monday, 9 June, 2025
    Spies, spinners, solicitors: Builder.ai’s ‘perfectly normal’ creditor list in full

    Hiring Israeli corporate spooks was all in a day’s work for a Microsoft-backed AI firm

  • Friday, 6 June, 2025
    Due Diligence
    Spies, spin and an AI hype story Premium content

    Plus, private equity’s annual jamboree and Toyota’s shareholders find their voice 

    Sachin Dev Duggal
  • Thursday, 5 June, 2025
    Builder.ai owes money to corporate spies and defamation lawyers

    Microsoft-backed UK tech unicorn hired reputational management specialists after FT reported on founder’s legal issues

    Sachin Dev Duggal raises his hands in a gesture as he speaks
  • Thursday, 5 June, 2025
    News in-depth
    Inside the collapse of Microsoft-backed UK tech unicorn Builder.ai

    Top investors including Qatar are realising they may have backed a business that largely reported artificial revenues

    Sachin Dev Duggal surrounded by logos of QIA, Builder.ai and Microsoft
  • Friday, 23 May, 2025
    Technology sector
    Builder.ai founder plots potential deal to buy failed company

    Sachin Dev Duggal has recently approached multiple investors

    Sachin Dev Duggal
  • Thursday, 22 May, 2025
    Microsoft-backed Builder.ai collapsed after finding potentially bogus sales

    Failed UK start-up revised down revenues to just a quarter of prior estimates

    Sachin Dev Duggal
  • Tuesday, 20 May, 2025
    Microsoft-backed UK tech unicorn Builder.ai collapses into insolvency

    Once high-flying group founded by Sachin Dev Duggal says its was unable to recover from ‘past decisions’

    Sachin Dev Duggal
  • Wednesday, 2 April, 2025
    Builder.ai admits past ‘problems’ while restating revenues

    New CEO reveals Microsoft-backed company has lowered 2023 sales data and appointed BDO for first group-wide audit

    Manpreet Ratia, CEO of Builder.ai
  • Monday, 24 March, 2025
    Microsoft-backed Builder.ai relied on auditor with links to founder

    Findings related to one of the UK’s best-funded tech start-ups raise corporate governance alarm

    Sachin Dev Duggal, founder of Builder.ai
  • Monday, 3 March, 2025
    Chief of Microsoft-backed UK tech unicorn Builder.ai steps down

    FT previously reported that Sachin Dev Duggal had been named in criminal probe and faced complaints about company culture

    Sachin Dev Duggal, founder of Builder.ai, speaks at the Qatar Economic Forum in Doha in 2023
  • Thursday, 23 May, 2024
    News in-depth
    Builder.ai: The wild ride of a Microsoft-backed tech unicorn

    Founder of one of the UK’s best-funded start-ups has been dogged by legal disputes during a meteoric business career

    Montage of Builder.ai logo, phones and Sachin Dev Duggal
  • Thursday, 21 March, 2024
    News in-depth
    Men behind Microsoft-backed start-up Builder.ai named in Indian criminal probes

    Court documents show Sachin Dev Duggal and Saurabh Dhoot face questions from authorities over past business dealings

    Sachin Dev Duggal, left, and Saurabh Dhoot, right in 2007
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