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The petition alleges the car repair startup defaulted on payments.
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As insolvency looms over the Austrian motorcycle maker, its Indian partner looks poised to play a key role in its much-needed rebound.
Sans the Sequoia heft, the VC firm has realized that it is not special. So, it is bending to the realities of the Indian market by making cuts to both volume and pricing.
The beleaguered edtech startup is cycling through a revolving door of auditors as it tries to defend itself from lawsuits, livid lenders and layoffs.