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INFRA.MARKET TAX PROBE
Q-comm's festive hustle gets faster; GST cuts taxing for EVsQuick commerce companies are preparing for the festive season by adding dark stores. This and more in today's ETtech Morning Dispatch.- B2B back in focus as Indian VC funds rework playbookWithin B2B marketplaces, investors are getting excited about micro-segments including specialty chemicals, engineered goods, equipment, bat...
- BharatePe, Trell, Zilingo investor Sequoia Capital says will respond strongly to wilful misconduct, fraud"We think it’s time for us, as an ecosystem, to sign up for better governance,” says the VC fund, as many of its portfolio firms in India f...
- Infra.Market failed to disclose Rs 224 crore of income: IT probeWhen confronted with the evidence, directors of the group, “admitted under oath this modus operandi, disclosed additional income of more th...
- Trell is the new BharatPe; Boat plans acquisition spreeThe note is significant as it signals a rift between the company’s founders and some of its investors. It is reminiscent of the recent boar...
- Infra.Market hid Rs 224 crore of income, I-T probe finds; cofounder distances himself from TrellOn Sunday, the department said in a press statement that it has found evidence of attempted tax-evasion at “a startup based in Pune and Tha...
- Infra Market group being probed for suspected tax evasion of over Rs 1,500 croresThis includes unaccounted cash expenditure and accommodation entries, aggregating to the tune of over Rs. 400 crore; disclosure of addition...
- Tax officials raid Zetwerk’s offices, founders’ homes suspecting tax evasionAccel India, D1 Capital Partners, Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital are some of Zetwerk’s investors.
- Now, tax officials raid Zetwerk; India’s four-way ecommerce fightAnother startup – Zetwerk – faces the prospect of a tax evasion probe after officials raided its offices and the homes of its founders.
- Exclusive: Tiger Global-backed unicorn Infra.Market faces tax probeIncome Tax authorities have raided offices of the company in several cities, including Noida, Hyderabad, Bengaluru, Pune and Mumbai.
- Tax trouble for Infra.Market; Walmart CEO bullish on PhonePeThe company faces an income tax investigation after officials raided its offices in many cities, sources told us.
- The Economic Times Startup Awards 2021Over the past seven years, the ET Startup Awards (ETSA) have grown from strength to strength and emerged by far as the most prestigious set...
- What's behind the funding frenzy?Many startups that hit a valuation of $1 billion or more just this year have already doubled or tripled their valuations with fresh rounds ...
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