Siply’s Sousthav Chakrabarty took hundreds of investors for a ride
A tangled mess of related party transactions and misstatements have left the fintech’s investors looking for answers and contemplating legal action.
30 November, 2023•18 min
0
30 November, 2023•18 min
0
More in Internet
Internet
Eternal, startups and playing the long game
In a country beset with problems, there is always something better to do. How about your duty to your shareholders first? Separately, Urban Company’s latest quarterly results show fatigue
You may also like
Business
New complications for sovereign funds in the US
The American government proposed threatening tax tweaks, a local fintech raised a quarter of a billion dollars in seed money and open finance made a start.
Internet
Why SoftBank has shunned India
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
Business
Venture capital hits record highs in the Middle East
The region is bucking the emerging markets trend, influencers flocked to Dubai over the weekend and Oman has some new goals.