New York-based investment fund Tiger Global is also believed to be engaging with another Big 4 audit firm for a potential forensic audit of...

On July 5, ET had first reported that while a few investors considered the option of a fire sale, the majority were in favour of shutting d...

Before we examine the implications for startups, let’s delve into what corporate governance entails and how it’s going to shape India’s sta...

This comes at a time when the Indian startup ecosystem has been mired in a spate of financial mismanagement, flurry of layoffs and reports ...

On funding winter, Shantanu Deshpande told PTI that good companies will continue to attract capital, although they may not get a "bullish v...

According to people briefed on the contents of the final forensic report, the founders have been found to have inflated revenues and sales ...

India's rise as a global startup powerhouse is attracting international investors and governments. However, recent reports of weak corporat...

“We should lay down clear norms of self-regulation from inception to early-stage, from early-stage to growth stage, from growth stage to IP...

Some of the auditors have in recent weeks made presentations to venture capital funds showing how their previous audits unearthed financial...

Draft note circulated among investors says founders inflated revenue; final forensic report expected in 10 days.

The sale was led by GoMechanic's venture debt investor Stride Ventures. "This transaction will assist in preserving the ecosystem at large ...

The NCLAT bench has directed Google to carry out the competition regulator’s directions and deposit the fine within 30 days. The penalty of...

Payment aggregator CCAvenue has seen an 18% jump in new merchant sign-ups in the October-December period, while merchant addition tripled i...

Last week, the National Company Law Tribunal (NCLT) issued a notice to Sequoia-backed beleaguered automobile after-sales service startup ov...

While it isn’t unusual for new ventures to approach investors to raise capital at an early stage, March 2022-founded Morsebiz’s journey wea...

As the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic's founders floated a ne...

Tata Digital, a wholly owned subsidiary of the Tata Group, acquired a majority stake (51-60%) in 1mg for a total deal size is in the range ...