The online pharmacy was last valued at $5.6 billion in 2021, followed by nearly 90 percent decrease in its valuation amidst debt repayment related challenges.
Mumbai Polices Economic Offences Wing (EOW) has registered an FIR against 4B Networks founder Rahul Yadav and senior executive Sanjay Saini for allegedly cheating an advertising firm of more than Rs 10 crore.