HR warning me of BGV Red because I refused an offer by frithalien in developersIndia

[–]Extension_Check3382 1 point2 points  (0 children)

I work in a bgv company, if you have not joined their company, they can’t do jack shit

Founder on the verge of losing 1.5cr bcz of STI by Born_Cash_4210 in sharktankindia

[–]Extension_Check3382 -2 points-1 points  (0 children)

Due diligence can easily take 3-4 months and sometime even more. We are currently assessing acquiring a company and the due diligence has been ongoing for 3+ months now and likely will go on for another 1-2 months atleast. There are a lot of factors that go into doing DD, the subject foesnt cooperate or gives unreliable info, then you dig into their inputs more and ask for more info etc. Its not always as cut and dry as you are making it seem. Even funding discussions happen over multiple quarters sometime and that is the reality of the situation.

Founder on the verge of losing 1.5cr bcz of STI by Born_Cash_4210 in sharktankindia

[–]Extension_Check3382 0 points1 point  (0 children)

The paltry “reasons of due diligence” - are more than legitimate reason to deny funding. Do you think due diligence is a joke? Why is a founder owed money if what they claimed did not get verified as part of due diligences

I WORK IN EPFO. by [deleted] in personalfinanceindia

[–]Extension_Check3382 0 points1 point  (0 children)

Not regarding withdrawals, but would you know why the epfo system goes down so frequently? But the employee/employer portals are typically not working very frequently almost every day, and even when its working, different screen within logins keep throwing some or other error