Saturday, July 27, 2024
Outlook.com
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Amit Bhasin

In January, GoMechanic’s co-founder Amit Bhasin admitted to errors in the company’s financial reporting following which DigiRovers filed a plea before the tribunal alleging defaults in payments

Car repairing unicorn start-up GoMechanic has been in the news for the past two days as financial irregularities came to light based on a due diligence report by EY

Orios Venture Partners first invested in GoMechanic during the latter’s Series A round worth $4.9 million in January 2019

GoMechanic joins the league of other Indian start-ups, including Byju's, BharatPe, Trell and Zilingo, that have been in the news for financial irregularities and shoddy corporate governance