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Deccan HeraldITNewspapers

Builder.ai faked business with Indian firm VerSe to inflate sales, sources say

Mathew C S
By Mathew C SJune 2, 2025

Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy, faked business with the Indian social-media startup VerSe Innovation for years to falsely inflate its sales, according to documents reviewed by Bloomberg and people with direct knowledge of the practice.

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