Classplus acquired Saarthi then duped its founder and investors

The Tiger Global-backed edtech startup faces charges of cheating and breach of trust in a complicated acquisition gone awry.

9 August, 202313 min
0
Classplus acquired Saarthi then duped its founder and investors

You may also like

Business
Story image

Varkey Group’s GEMS bets on Saudi Arabia to revive global ambitions

The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.

Business
Story image

Bira shareholders plan an EGM to oust the founder

A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.

Internet
Story image

Happy coincidences and venture capital returns

Three portfolio exits have helped Arali Ventures return the principal sum of its small fund in about six years. This doesn’t happen too often in India’s nascent venture capital ecosystem. So what should we learn from it?