Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
NestAway co-founder alleges fraud by Tiger Global, Chiratae, and Goldman
The co-founder of Nestaway, a leading property rental startup, has accused major investors including Tiger Global, Chiratae Ventures, and Goldman Sachs of fraudulent actions. The allegations suggest that the investors manipulated the company’s operations and finances, causing significant harm to the startup. Nestaway, which had once been a promising player in the property rental space, has faced financial troubles and operational challenges. This accusation has drawn attention to the risks associated with venture capital investments and their impact on startup governance.