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Rahul Yadav-led 4B Networks to enter arbitration with Info Edge
short by Ashley Paul / on Thursday, 27 July, 2023
Info Edge hasn't received crucial information from 4B Networks, led by sacked Housing.com CEO Rahul Yadav, despite repeated requests as part of forensic audit the company initiated against the startup. Info Edge has sent a legal notice to 4B Networks and both firms will be entering arbitration proceedings. A ₹288-crore investment in 4B Networks was previously written-off by Info Edge.
read more at Moneycontrol