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Well-funded internet startups have become a soft target for fraudsters. They are being taken for a ride in the most innovative of ways in a constant cat-and-mouse game.

SEBI has lowered the bar for loss-making startups to list. In that context, a company like Zepto redefines the meaning of risk in public market investing.
A string of deals and bets signal the ride-hailing company’s ambition to dominate delivery, but questions and challenges remain.
The 15-year-old company has bought one brand after another in the hope of growing fast. That plan has fallen flat on its face, but there’s no stopping Wingreens.