Nestaway's Amarendra Sahu Accuses Investors of Fraud in Major Legal Complaint - PRESS AI WORLD
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Nestaway's Amarendra Sahu Accuses Investors of Fraud in Major Legal Complaint

share-iconThursday, January 02 comment-icon2 weeks ago 9 views
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indiatimesINDIATIMES
Nestaway's Amarendra Sahu Accuses Investors of Fraud in Major Legal Complaint

Credited from: INDIATIMES

  • Amarendra Sahu, co-founder of Nestaway Technologies, has filed fraud charges against major investors including Tiger Global Management.
  • The allegations include cheating, forgery, intimidation, and criminal conspiracy related to the company's sale to Aurum PropTech.
  • Sahu claims the sale was concluded for Rs 90 crore under duress on June 28 of the previous year.
  • He alleges his co-founders collaborated with investors using forged documents to facilitate the sale.
  • Responses from co-founder Jitendra Jagadev indicate that similar allegations have previously been dismissed in court, labeling Sahu's actions as harassment.

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