So problematic. Allegations of 90% revenue being fake
And founders themselves embezzling more than 45Cr
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Curated from across
Indian Startups on
by VioletMovie
Accenture
Another one bites the dust!
IMO, Non sophisticated fraud.
Former Mooofarm Employees allege that the company's founders ignored widespread sales misreporting and misled investors with projections
https://inc42.com/features/accel-aavishkaar-mooofarm-dairy-tech-promise-soured-allegations/