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White collar criminals. Mojocare 🤝 Peak XV (formerly Sequoia India)

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NoDPI420

Stealth

a year ago

What a way to come out of stealth Indeed 😂😂
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Curated from across

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Indian Startups on

by Jghfdsyipouhgxd

Stealth

Reason given by investors on Mojocare sounds very fishy. At one end they are blaming the founder for embezzlement while on other end they are blaming market conditions and unsustainable business model for the layoff of employees. Doglapan?

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Indian Startups on

by RedLesson82

Linkedin

Mojocare fraud out

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News Discussion on

by ThirstySteak

Gojek

Looks like Mojocare may completely shut down

https://entrackr.com/2023/07/mojocare-stares-at-shutdown-amid-scrutiny-over-financial-irregularities/

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Layoffs on

by Broodaway

Stealth

Mojocare laysoff their entire staff of around 200+ people

How it happened? -wifi turned off -Slack disabled -Email disabled

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Indian Startups on

by SatoshiMakamoto

Stealth

Brace yourself everybody. Another big fraud coming and this will be bigger than what we have seen so far. Sequoia (Peak XV) portfolio company.

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Indian Startups on

by AlphaGrindset

Series A Startup

Closure on Mojocare

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Indian Startups on

by followthemoney

Stealth

GoMechanic, Now Mojocare

After GoMechanic, now Mojocare is said to cook its books. Is this a trend? and which other companies are showing similar signs?