Thyrocare Technologies Founder Arokiaswamy Velumani said he lost ₹1,400 crore after investing in a startup. "For a man who started the journey with ₹500 in 1982, I feel conned. I was greedy and blinded," he wrote on X. Notably, Velumani sold 66% stake in Thyrocare, the chain of diagnostic laboratories started in 1996, to PharmEasy for ₹4,546 crore in 2021.