A druggist in Lucknow was coerced into paying Rs 50 lakh in extortion and a monthly 'Goonda tax' of Rs 1.5 lakh. The police have registered a case against the accused and an investigation is underway.
Agritech startup DeHaat, which is backed by marquee investors such as Temasek Holdings, Sofina Ventures, RTP Global Partners, Prosus Ventures and Lightrock India, among others, ..
A short runway, bleak funding prospects, a haemorrhaging bottomline, operational inefficiency and the pressure to grow rapidly have slowed DeHaat’s relentless march. Moneycontrol spoke to stakeholders, industry watchers, and experts to get a closer look at the troubles that are dogging the agritech ‘soonicorn’.
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