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Mojocare board to discuss audit report, may shutter; more startups join fight against Google s billing policy

Its a bleak prognosis for healthcare startup Mojocare. The companys board may delve deeper into the forensic audit report this month, and decide whether to shut shop and return the money to investors. The firm hit the headlines last month after its investors reviewed its financial statements and unearthed irregularities. This and more and todays ETtech Morning Dispatch.

Mojocare s Board To Discuss Winding Down Business, Returning Money To Investors

With Deloitte submitting its final audit report, the board of the beleaguered healthtech startup Mojocare is likely to meet later this month

Mojocare board to decide on winding operations, returning money to investors

Mojocare board to decide on winding operations, returning money to investors
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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 have an impact on other startups, especially in the current market where money is tight,” the entrepreneur said.

Infosys co-founder Kris Gopalakrishnan urges startup community to build with patience

The Indian startup ecosystem is the third-largest in the world. India is well positioned to grow to a $30-$40 trillion economy over the years, which augurs well for new-age companies in the country, Gopalakrishnan has said

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