Instances of financial irregularities and malpractices by startups have prompted institutional investors to ramp up due diligence. Amit Somani and Shripati Acharya, Managing Partners at Prime Venture Partners cover the nuances of metrics at startups.
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs15 lakh on six entities in the case related to front-running trades of Deutsche Mutual Fund, now known as DHFL Pramerica Mutual Fund.