Some CAs are alleged to have signed various statutory documents of these app companies such as incorporation forms, and annual returns among others without conducting proper due diligence, people aware of the matter said.
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India can be top country for app creation: Google Play’s Aditya Swamy
More trouble for card fintechs; VC funds bullish on EVs & Semafor’s India launch
Wipro wins multi-year integration deal from HM Treasury
Global news media startup Semafor open to an India partner for launching local edition
Only startups that see business visibility for next 3 years should take IPO route: Kris Gopalakrishnan
The company should think about an IPO only in cases where the risks are mitigated to a great extent. Only if you have complete business visibility for three years – from a revenue and profitability perspective – should you venture into the IPO stage to invite retail investors. The best companies are public companies (that allow) everybody to participate in the wealth generation journey.
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SBM Bank delivers a blow to card-fintechs barring onboarding of new users
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