VC Firms Equally Responsible For Corporate Governance Issues At Startups: Nithin Kamath
Zerodha cofounder Nithin Kamath said that VC ecosystem and founders are equally to blame for corporate governance issues at startups.
Source: inc42.com
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Infosys co-founder Kris Gopalakrishnan urges startup community to build with patience
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
Source: moneycontrol.com
Investors unearth financial irregularities at Healthtech startup Mojocare
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.
Source: moneycontrol.com
Financial irregularities found at Mojocare after review, say investors
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
Source: business-standard.com
Info Edge gains after exiting Happily Unmarried Marketing
Info Edge sold its entire stake in personal care firm Happily Unmarried for Rs 61 crore to VLCC Health Care Limited
Source: moneycontrol.com