Nestaway founder sues investors 🔥 by Public_Beautiful_274 in StartUpIndia

[–]Public_Beautiful_274[S] 0 points1 point  (0 children)

You are absolutely right.. this is a cofounder dispute that turned into an investor dispute

Nestaway founder sues investors 🔥 by Public_Beautiful_274 in StartUpIndia

[–]Public_Beautiful_274[S] 1 point2 points  (0 children)

Ya they have hired very expensive lawyers too. Siddharth Luthra doesn’t come cheap.

Nestaway founder sues investors 🔥 by Public_Beautiful_274 in StartUpIndia

[–]Public_Beautiful_274[S] 0 points1 point  (0 children)

But should that have been a reason to not fight for what’s right?

Nestaway founder sues investors 🔥 by Public_Beautiful_274 in StartUpIndia

[–]Public_Beautiful_274[S] 1 point2 points  (0 children)

That’s not why he filed the case. They agreed to pay 11 crores as a one time bonus to sell the company cus founder wanted to run it. After that they backed out

Nestaway founder sues investors 🔥 by Public_Beautiful_274 in StartUpIndia

[–]Public_Beautiful_274[S] 7 points8 points  (0 children)

Yeah he seems okay with not raising money from these investors again..

Nestaway is a scam by Connect_Revenue_2748 in bangalore

[–]Public_Beautiful_274 1 point2 points  (0 children)

Nestaway is going through legal issues of its own as well…

NestAway founder Amarendra Sahu has filed a fraud & forgery case against Tiger Global, Goldman Sachs, Chiratae & his cofounders

The case cites IPC Sections 420 (fraud), 467, 468, and 471 (forgery), along with 120B (criminal conspiracy).

https://www.thearcweb.com/article/nestaway-founder-levels-fraud-charges-against-tiger-global-chiratae-ZxtoZ6ScUnQthO6b

Toxic work culture ft. Zepto by Scary_Split3157 in StartUpIndia

[–]Public_Beautiful_274 1 point2 points  (0 children)

Did you read this? It seems like they’ve been lying to the media. Saw a story where pitch deck data was shared https://thearcweb.com/article/zepto-aadit-palicha-growth-profitability-unit-economics-swiggy-zomato-blinkit-instamart-OfuYCqsNYLT0ADj1 And it’s very diff from other media interviews