Two years after its creation to deal with an alarming number of potential audit lapses in India, the NFRA continues to be sidelined.
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Info Edge’s consistent efforts to figure out what went wrong at its investee company 4B Networks are a welcome change in the Indian startup ecosystem.
Investors seem to be having a hard time getting their money back from the US-headquartered ‘alternative investment fund’. Several government agencies are taking note.
The beleaguered edtech startup is cycling through a revolving door of auditors as it tries to defend itself from lawsuits, livid lenders and layoffs.