History always repea...ย โขย 9m
๐จ FIR Filed Against 4B Networks Founder Rahul Yadav โ๏ธ Info Edge, the parent company of Naukri.com, has lodged an FIR against Rahul Yadav, founder of 4B Networks, along with others, for alleged fraudulent misuse of funds. ๐ Info Edge, the parent company of Naukri, has filed an FIR against Rahul Yadav, founder of 4B Networks, and others, alleging fraudulent misuse of funds ๐. The complaint, registered at Bandra Police Station on November 29, 2024, names Devesh Singh, Pratik Choudhary, Sanjay Saini, and others โก Key Details โ โข Arbitration and Audit ๐: Info Edge began arbitration in July 2023 after 4B Networks failed to provide crucial financial details for a Deloitte forensic audit. โข Financial Losses ๐ธ: Info Edge wrote off โน276 crore of its โน288 crore investment in December 2022, citing excessive cash burn, liquidity issues, and funding uncertainty. โข Startup's Role ๐ : 4B Networks, founded in 2020, aimed to connect real estate developers and brokers, assisting with site visits and home loans. โข Impact on Info Edge โ๏ธ: The company stated the FIR would not affect its operations. โข Info Edgeโs co-founder, Sanjeev Bikhchandani, admitted that investing in 4B Networks was a mistake ๐คทโโ๏ธ.
ย โขย
&OTHERSย โขย 4m
How many second chances does one founder get? Why do the good ones have to suffer because of a few bas ones? From Housing.com to Broker Network (4B Networks Pvt Ltd) to now Kult โ thatโs three companies, hundreds of crores raised, and yet the story
See MoreFounder @StudyFlames...ย โขย 8m
๐ก Who Owns Zomato? ๐ง Hereโs a breakdown of Zomatoโs ownership structure: ๐ 47.28% โ Foreign Investors ๐ 13.57% โ Mutual Funds ๐ 13.52% โ Info Edge ๐ 8.41% โ Others ๐ 6.56% โ Retail Investors ๐ 4.19% โ Deepinder Goyal (Founder) ๐ 6.23% โ Ins
See MoreI'm just a normal gu...ย โขย 5m
Days after Commerce Minister Piyush Goyal sparked a debate on the state of deeptech innovation in India, Info Edge founder Sanjeev Bikhchandani weighed in with a detailed post on X. ๐ธBikhchandani expressed concerns about the commercial viability of
See MoreCreative Entrepreneu...ย โขย 9m
๐ฅ Ignite the Future of Indian Animation โ Be Our passionate Co-Founder Role: Co-Founder (Animation Specialist) โ Equity Only Location: Remote Equity Offered: Negotiable Weโre on a mission to revolutionize Indiaโs animation industry by blending cu
See MoreDirector & CEO @ Exc...ย โขย 3m
Are You a Woman Founder with a Revenue-Earning Startup? Excess Edge Experts Consulting is calling all women-led startups ready to scale! If youโre generating revenue and seeking venture capital funding, we want to hear from you. Weโre inviting pass
See MoreDirector & CEO @ Exc...ย โขย 4m
โI thought I had it all figured outโuntil I didnโt.โ Thatโs what one of our founders said just weeks before joining the Excess Edge Foundersโ Support Program. Like many early-stage entrepreneurs, they had a solid idea, a decent pitch deck, and sheer
See Moreย โขย
Faad Networkย โขย 7m
How did two boys from Jaipur sell their company to HUL for 3200 CR? โก๏ธ October 2020โMohit and Rahul Yadav launch Minimalist in Jaipur, a Tier 2 city. They challenge misleading skincare claims with a science-backed approach inspired by The Ordinary.
See MoreDirector & CEO @ Exc...ย โขย 12d
Are you a startup founder or SME owner navigating the challenges? At Excess Edge Experts Consulting, we support your journey: Handholding and Consulting: Personalized guidance to overcome hurdles and accelerate your business growth. Pitch-Deck& Busin
See MoreDownload the medial app to read full posts, comements and news.