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Builder.ai’s Fake AI ‘Natasha’ Was Just Indian Developers: For 8 years, Builder.ai claimed its AI “Natasha” could build apps without code. It raised $450M from Microsoft and Qatar Investment Authority. But the WSJ revealed it was all done manually

Microsoft-backed Builder.ai files for bankruptcy 📉 Another AI unicorn has fallen. this time, it’s Builder.ai. Once hailed as a game-changer with $450M+ in funding from giants like Microsoft and Qatar’s sovereign wealth fund, Builder.ai promised a

Medikabazaar. BluSmart. Who’s next? Two major Indian startups—one in healthtech, one in EV mobility—are now at the center of financial misconduct. Medikabazaar is facing a ₹279 Cr indemnity claim after forensic audits revealed inflated revenues and

From ₹7,000 Cr to ₹1,407 Cr—Ecom Express’s fall is a startup cautionary tale. Once hailed as an IPO-bound logistics unicorn, it’s now sold in a distress deal to Delhivery, with an 80% value erosion in just a year. Why? Overdependence on Meesho (40–

EV Dream or Nightmare? BluSmart's alleged ₹900 Cr scandal is sickening. A punch to the gut for founders & investors. 💔 ₹900Cr EV loan, but SEBI alleges ~₹300Cr diverted: luxury flat, family transfers (₹8Cr+), another startup investment, fake docs.

"Shareholders Doubt Musk’s Pay Over Nvidia Chip Diversion” 👨‍💼Elon Musk, the boss of Tesla, wanted a big 💰 pay package. But some Tesla 💼 shareholders said “no” because they think he’s not focusing enough on Tesla. They’re unhappy because he sent

This man has scammed the Indian startup ecosystem 3x. And we have allowed him to repeat often. 🔥 His name is Rahul Yadav. And he has now left three companies in ruin. Here's what happened (for the younger lot that may not know): 1. Housing.com (

What went wrong with BluSmart isn’t just fraud—it’s a wake-up call for India’s startup ecosystem. 🚨 A company positioned as the future of clean, electric mobility now faces allegations of siphoning off ₹262 crore in loans meant for EVs—to fund luxu

I fear we have another Byju's like disaster in The Good Glamm Group. So many similarities, it’s worrisome 🙏🙏 TGGG, much like Byju's, has seen a high-profile exodus of the three largest investors as board members, signalling deep distress and mistr

Top news of the day: 1. India experienced a surge in DRHP filings to a decade-high in early 2025, indicating strong intent for public listings. 2. Aakash Educational Services (AESL) has accused EY of conflict of interest in its dispute with BYJU'S,