CosmicTaco
CosmicTaco

Karnataka CID Probes Swiggy's INR 33 Cr Embezzlement Case

  • Karnataka CID has taken over the investigation into Swiggy's INR 33 Cr embezzlement case.
  • The case involves a former junior employee and several vendors who allegedly colluded to embezzle funds.
  • The prime accused, Srikhara KM, served as financial manager and general manager at Scootsy.
  • The embezzlement occurred between August 2021 and February 2022.
  • This comes as Swiggy faces potential GST liabilities of over INR 326 Cr and child labour accusations.

Source: Inc42

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2mo ago
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