Page 4 - Broker Network News Today

Naukri(dot)coms owner Info Edge -- which invested Rs 276 crore in six tranches for about 60 cent stake in Yadavs 4B Network Pvt Ltd (also known as Broker Network) and gave another Rs 12 crore as loan

The Economic Offences Wing (EOW) of Mumbai Police is investigating Rahul Yadav, the founder of a property startup, for allegedly mishandling Rs 288 crore of investor money and transferring funds to a firm co-owned by his wife. Info Edge, which invested in Yadavs startup, filed a complaint accusing 4B Network Pvt Ltd of cheating and engaging in suspicious transactions.

Indian startups raised only $7 Bn in funding between Q1 & Q3 2023 in comparison to $22 Bn raised in the same period in 2022 & $27 Bn in 2021

Rahul Yadav: The city police’s Economic Offences Wing (EOW) probing the matter opposed the ABA, contending that Yadav failed to join the investigation on at least two occasions.

Rahul Yadav and Sanjay Saini of 4B Networks file anticipatory bail application in Mumbai court over cheating allegations.

Troubled 4B Networks’ cofounder Rahul Yadav and founding member Sanjay Saini have now approached a Mumbai Court seeking anticipatory bail.

Info Edge: The order came after 4B Networks failed to file a response despite being granted a “last opportunity” by the court in an arbitration suit filed against it for allegedly not paying dues to Innov8 amounting to over Rs 1 crore.

In yet another trouble for Broker Network (operated by 4B Networks) founder Rahul Yadav, co-working company Innov8 has reportedly gone into arbitration with him over unpaid dues amounting to Rs 1.08 crore, a media outlet reported on Friday.4B ...

Innov8 filed an arbitration case against 4B Networks in the Delhi High Court in April this year for failing to pay rent

In yet another trouble for Broker Network (operated by 4B Networks) founder Rahul Yadav, co-working company Innov8