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Alexandra Heal

@alexandraheal.bsky.social

Private capital reporter at the Financial Times Contact me at alexandra.heal@ft.com Previously FT visual storytelling | Previously previously environment and social affairs at The Bureau of Investigative Journalism

11 Posts5894 Follower1319 Folgt
Alexandra Heal@alexandraheal.bsky.social · last yr.

SCOOP! Sachin Duggal, founder and "chief wizard" of the now defunct tech unicorn Builder.ai, made $20mn from selling shares in the company Builder.ai collapsed last month, after raising half a billion dollars, when revenues had to be dramatically restated With @bondhack.ft.com on.ft.com/4k8t44A

Builder.ai ‘Chief Wizard’ Sachin Dev Duggal made $20mn in share sales

[FREE TO READ] Former chief executive of collapsed Microsoft-backed start-up also borrowed against holdings

on.ft.com

Alexandra Heal@alexandraheal.bsky.social · last yr.

NEW: The full story of how Microsoft-backed Builder.ai, the UK tech startup that raised over half a billion dollars, is alleged to have artificially inflated its revenues before collapsing into scandal last month Somehow the tale even includes tennis W/ @bondhack.ft.com 🎾 on.ft.com/4kwMNfa

Inside the collapse of Microsoft-backed UK tech unicorn Builder.ai

[FREE TO READ] Top investors including Qatar are realising they may have backed a business that largely reported artificial revenues

on.ft.com

Alexandra Heal@alexandraheal.bsky.social · last yr.

SCOOP - An internal investigation at Builder.ai, the UK tech start-up that had received over $500mn from major investors including Microsoft, found evidence of potentially bogus sales at the start-up before it collapsed this week on.ft.com/4jhmQPc with @bondhack.ft.com

Microsoft-backed Builder.ai collapsed after finding potentially bogus sales

[FREE TO READ] Failed UK start-up revised down revenues to just a quarter of prior estimates

on.ft.com

Alexandra Heal@alexandraheal.bsky.social · last yr.

Very deserving winners. Just read their latest instalment - a family who owed £10,000 for having earned just a £2 or so over the limit each week, now having to pay back everything they received in benefits. Despite DWP not alerting them years ago when they first went over

Private Eye Magazine@privateeyenews.bsky.social · last yr.

And the winners of the Paul Foot Award for investigative and campaigning journalism 2025 are... Patrick Butler and Josh Halliday of The Guardian. #PaulFootAward2025 www.private-eye.co.uk/paul-foot-aw...

Robert Smith@bondhack.ft.com · last yr.

Builder.ai just went bust. Around half a billion dollars invested from the likes of Microsoft, QIA and Insight Partners wiped out. Full story here with @alexandraheal.bsky.social. Comes after a run of probing FT stories (led by Alex) on the company and its founder Sachin Duggal on.ft.com/43gI8YN

Microsoft-backed UK tech unicorn Builder.ai collapses into insolvency

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

on.ft.com

Alexandra Heal@alexandraheal.bsky.social · 2y ago

The total value of big European buyout deals increased at more than twice the rate of the rest of the world last year, according to my analysis of Dealogic data. Private equity firms are taking advantage of the continent's economic headwinds to snap up cheap companies on.ft.com/3WbZeTG

Private equity targets Europe for big buyout deals

[FREE TO READ] Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024

on.ft.com