Not getting probed for any financial irregularity: Trell co-founder

Influencer-led video commerce platform Trell is not being investigated for any financial irregularity, said its co-founder Pulkit Agrawal as he looks to steer the startup to reach break-even by the end of current fiscal. Opening up on reports of a cohort of investors ordering a forensic audit of Trell, Agrawal said speculations about any financial irregularities are "totally baseless and unfounded". "There was no investigation but an internal review done by the company itself. Growing at a rapid pace has its challenges, and after an independent review, we have been further realigning our systems and processes to ensure more robust and sustained growth," he said. The company's board and investors of Trell remain deeply committed to the business and have full faith in the founders and the leadership of the company, he claimed. While the reports did not identify the investors who ordered the audit, Trell counts on H&M Group, Sequoia Capital India, Mirae Asset, KTB Network, Beenext, ..

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