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The dark side of Indiaās startup boom | Corporate governance matters šš” Indiaās startup ecosystem is growing rapidly ā āābut behind the glossy headlines and billion-dollar valuations, a harsh reality is unfolding. ššø In the race to become the next unicorn š¦, most startups are sacrificing a crucial pillar: corporate governance. āļø Recent revelations from formerly-famous startups like BluSmart, MedikaBazaar, Zilingo, BharatPe, and others highlight a frightening trend ā misappropriation of funds, exaggerated revenues, governance lapses, and founder hubris. š±š Whatās worse? Most investors, blinded by pitch decks and market opportunities, ignore due diligence. šš¼ Growth without governance is a time bomb. ā³š£ As founders, we need to build with integrity. šļøāØ As investors, we need to invest with responsibility. š°š And as an ecosystem, we need to prioritise ethics along with innovation. š±āļø Let's not chase unicorns. Let's build sustainable, responsible businesses. š¦ā”ļøš
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Hindenburg Report: New Evidence Points to Adani-SEBI Battle Intensifies as Whistleblower Exposes Alleged Ties Discover the latest developments in the ongoing Adani-SEBI controversy as a whistleblower reveals alleged connections between SEBI's chair
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Another one bites the dust. Builder.ai ā once backed by Microsoft and hailed as the future of no-code apps ā is now in deep trouble. Legal chaos, governance issues, insolvency risks, and allegations of mismanagement. They raised over $450M. Now the
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This is Bangaloreā” Yaarrr...... šThe city of dreams for those who have lost sleep chasing their ambitionsš šA $158B šµstartup ecosystem šMore thanĀ 40 unicornsš¦ born here š More than 101K engineers graduate yearly š400+ R&D centersāSamsung
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6 STARTUPS THAT ENTERED THE UNICORN CLUB IN 2024 š¦ After a quiet 2023, Indiaās startup ecosystem bounced back with a bang in 2024! Here's a look at 6 trailblazing startups that achieved $1B+ valuations this year: š” Unicorns of 2024 1ļøā£ Krutrim ā
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What went wrong with BluSmart isnāt just fraudāitās a wake-up call for Indiaās startup ecosystem. šØ A company positioned as the future of clean, electric mobility now faces allegations of siphoning off ā¹262 crore in loans meant for EVsāto fund luxu
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š Hello Startup Founders! Need Help with Legal & Compliance? š Hi everyone, Iām Charchit Vishwakarma q, a Company Secretary (CS) student passionate about helping startups with their legal, compliance, and business setup needs. ā Need guidance on
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Indiaās economic trajectory remains strong in 2025, with a projected GDP growth rate of 6.5-7%, making it one of the fastest-growing major economies. Despite global headwinds, Indiaās resilience can help survive the tough times. Key Growth Drivers:
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BluSmartās Reboot: A Story of Promise, Pitfalls, and Possible Redemption In a dramatic turn for Indiaās all-electric ride-hailing pioneer BluSmart, major investors including BP Ventures are now in advanced talks to acquire co-founder Anmol Singh Jag
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Indiaās EV Ecosystem is Charging Ahead: Key Highlights You Shouldnāt Miss . . From stealthy launches to strategic partnerships and greener infrastructure, Indiaās EV landscape just had another power-packed week. Hereās a breakdown of the 7 most impo
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š 2024 In Review: Indiaās Startup Ecosystem Flourishing Despite Challenges š®š³ š¦ Unicorn Club of 2024: Six New Additions This year, six startups crossed the coveted $1 billion valuation mark, bringing India's total unicorn count to 118. Together
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