Automobile car service and repair company GoMechanic, which was recently acquired by a subsidiary of the Lifelong Group after its co-founders admitted to fraud, said ..
The company was acquired by Servizzy, a subsidiary of the Lifelong Group, in March after anomalies in its financial records were found under previous management
On 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 down Mojocare and returning the remaining capital to the investors.
Before we examine the implications for startups, lets delve into what corporate governance entails and how its going to shape Indias startup ecosystem.