The deal brings some respite to the Sequoia Capital and Tiger Global-backed car servicing startup as it battles the consequences of financial misreporting, insolvency pleas, and mistrust among employees and vendors.
The company was in the midst of new fundraising talks which led to further questions about its accounting standards and financial practices, according to a media report, based on unnamed sources, , Sequoia India, Zilingo, Ankiti Bose, investigation
Salesforce backs Indian payments startup Razorpay – TechCrunch techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Prosus to acquire 100% equity in BillDesk, merge with PayU domain-b.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from domain-b.com Daily Mail and Mail on Sunday newspapers.