When confronted with the evidence, directors of the group, “admitted under oath this modus operandi, disclosed additional income of more th...

The 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...

On 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...

This includes unaccounted cash expenditure and accommodation entries, aggregating to the tune of over Rs. 400 crore; disclosure of addition...

Accel India, D1 Capital Partners, Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital are some of Zetwerk’s investors.

Another startup – Zetwerk – faces the prospect of a tax evasion probe after officials raided its offices and the homes of its founders.

Income Tax authorities have raided offices of the company in several cities, including Noida, Hyderabad, Bengaluru, Pune and Mumbai.

The company faces an income tax investigation after officials raided its offices in many cities, sources told us.

Over the past seven years, the ET Startup Awards (ETSA) have grown from strength to strength and emerged by far as the most prestigious set...

Many startups that hit a valuation of $1 billion or more just this year have already doubled or tripled their valuations with fresh rounds ...