The Bhavish Aggarwal-led AI startup is under the scanner for copying code from an open-source repository instead of forking it and adding a more restrictive licence on top.
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Large, valuable businesses are being built in the country, many of whom are delivering food, grocery, goods, services and even people. At their core, these two-sided marketplaces are solving for efficient logistics.
Inside the AI startup, where ambition runs high, the culture is broken and the fallout may just be fatal.
A more than 50% drop in revenue and twofold increase in net loss, combined with a Rs 1,700 crore debt raise, signal deepening troubles for the EV company.