Page 6 - Broker Network News Today

Info Edge subsidiary AIPL did not receive crucial information from Rahul Yadav’s 4B Networks despite initiating a forensic audit

During a panel discussion during Inc42’s MoneyX, investors talked about the good and bad behaviours of founders they observed.

WH&R McCartney is believed to be the oldest independent broker in Scotland. With only a handful of years left to go until its centenary, directors Graeme Robb

According to Aman Gupta, startup founders will be measured on their governance quotient, alluding to the surging corporate governance lapses.

VC funds are likely to ask for revenue recognition clarity and regular audit reports. And they will likely prod founders to hire independent directors.

Zerodha cofounder Nithin Kamath said that VC ecosystem and founders are equally to blame for corporate governance issues at startups.

The Indian startup ecosystem is the third-largest in the world. India is well positioned to grow to a $30-$40 trillion economy over the years, which augurs well for new-age companies in the country, Gopalakrishnan has said

The financial irregularities, which include overstating of revenues, at the Bengaluru-based company have come to light in less than a year after it raised $20.6 million in its Series A round.

Investors in the Bengaluru-based firm in a statement said that they have found financial irregularities and also said that the business model is not sustainable

Info Edge sold its entire stake in personal care firm Happily Unmarried for Rs 61 crore to VLCC Health Care Limited