Mojocare board decides to return funds to investorsOn 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...
17 Oct, 2023, 06.00 AM IST
Mojocare board to decide on shutting shop, returning money to investorsAccording to people briefed on the contents of the final forensic report, the founders have been found to have inflated revenues and sales ...
05 Jul, 2023, 08.59 AM IST
Mojocare board to discuss audit report, may shutter; more startups join fight against Google’s billing policyIt’s a bleak prognosis for healthcare startup Mojocare. The company’s board may delve deeper into the forensic audit report this month, and...
05 Jul, 2023, 07.49 AM IST
Integrity, good governance must for startups to grow in the long term: Amitabh Kant“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...
24 Jun, 2023, 09.27 PM IST
Byju’s breaking bad: Will Indian startups feel the aftershocks, and other top stories this week“Are you really surprised?" an edtech founder said, implying that industry executives have seen this blow-up coming for a while. “This will...
24 Jun, 2023, 07.38 AM IST
Startup audits in focus as malfeasance climbs; Apple’s App Store payments policy under reviewOver the past year, many venture-funded startups such as BharatPe, Byju's, Zilingo, Rahul Yadav's 4B Networks, and now Mojocare, have come ...
21 Jun, 2023, 07.28 AM IST
Startup governance: Audits in focus amid financial irregularities at new-age venturesSome of the auditors have in recent weeks made presentations to venture capital funds showing how their previous audits unearthed financial...
21 Jun, 2023, 06.01 AM IST
Short-video app Chingari lays off around 60 employeesThe development adds to the woes for people working in start-ups where a large number of employees are being frequently laid off. Recently,...
20 Jun, 2023, 09.12 PM IST
Exclusive: Mojocare investors weigh legal action against foundersDraft note circulated among investors says founders inflated revenue; final forensic report expected in 10 days.
20 Jun, 2023, 03.30 PM IST
Startups vs IAMAI, redux; Mojocare investors mull legal action against foundersStartups are once again at odds with the Internet and Mobile Association of India (IAMAI) over the latter’s stance on the digital competiti...
20 Jun, 2023, 07.48 AM IST
India likely to bag 40% of jobs lost to layoffs globally; Mojocare funders flag financial finaglingSome good news to chase away the Monday blues. Remember the thousands who lost their jobs globally? According to experts, a big chunk of th...
19 Jun, 2023, 02.01 PM IST
Financial irregularities found at healthcare startup Mojocare after review, say investorsA clutch of investors, including Peak XV Partners (erstwhile Sequoia India), Chiratae Ventures and B Capital, had initiated a review of the...
19 Jun, 2023, 01.58 PM IST
B Capital-backed startup Mojocare lays off about 170 employeesHealth and wellness startup Mojocare has laid off 150 to 170 staffers across roles to improve on its unit economics and better its capital ...
17 Jun, 2023, 09.22 PM IST
Sidharth Rao, founder of digital ad agency Webchutney and Punt Partners, diesRao launched Webchutney in 1999 which was acquired by the Japanese multinational media network Dentsu in 2013.
23 Apr, 2023, 05.08 PM IST
ETtech Deals Digest: Servify stands tall in a dry funding weekDevice management startup Servify pulled in $65 million in funding led by Singularity Growth Opportunities Fund.
26 Aug, 2022, 06.48 PM IST
TCS to pay full variable, Twitter misled regulators about bots, and Apple’s Make in India planTCS's decision comes a week after its rival Wipro said that its C-suite level managers will not receive any variable payouts.
23 Aug, 2022, 07.55 PM IST
Facebook cofounder Eduardo Saverin’s B Capital to back sexual health startup MojocareExisting investors including Sequoia India, Chiratae Ventures and Better Capital are considering participating in the round, which could be...
23 Aug, 2022, 08.38 AM IST