AI startup Taiger liquidates Singapore entity, over 80 staff cut

It will focus its resources on developing its document analysis platform in Europe and Latin America

Claudia Chong

Published Tue, Apr 5, 2022 · 05:50 AM

Liquidation

Singapore

TAIGER, an artificial intelligence (AI) startup backed by government-owned SGInnovate and corporate investors, is shutting its Singapore headquarters and liquidating its local entity after racking up debts it cannot pay, according to a regulatory filing seen by The Business Times.

Over 80 employees from the Singapore office have been terminated due to the liquidation, Taiger said in response to queries from BT.