8 Biggest Startup Controversies of 2023

Ashneer had a busy 2023, from facing INR 81 Cr fraud by Delhi Police EOW, to him apologising to BharatPe for his defamatory social media posts.

The Ashneer Saga

Participants faced investment delays, inadequate documentation, and impoliteness despite on-air promises, with only 40% of Season 1's commitments fulfilled.

Shark's False Promises

Gomechanic's investors called for an EOW probe over alleged financial report falsification. EOW filed an FIR against the startup's cofounders.

GoMechanic’s Fake Revenue

ED charged App's promoters with paying INR 508 Cr to Chhattisgarh CM, involving Bollywood celebrities and business tycoons.

Mahadev Betting App Scandal

BYJU's faced delayed financials, board member exits, and ED's raid for forex violation, with BCCI filing a lawsuit against the edtech unicorn.

BYJU’S Year Of Troubles

2023-Year-In-Review: Startup Controversies of 2023

Explore the 2023 Year-In-Review