Former chief executive of collapsed Microsoft-backed start-up also borrowed against holdings
Hiring Israeli corporate spooks was all in a day’s work for a Microsoft-backed AI firm
Plus, private equity’s annual jamboree and Toyota’s shareholders find their voice
Microsoft-backed UK tech unicorn hired reputational management specialists after FT reported on founder’s legal issues
Top investors including Qatar are realising they may have backed a business that largely reported artificial revenues
Sachin Dev Duggal has recently approached multiple investors
Failed UK start-up revised down revenues to just a quarter of prior estimates
Once high-flying group founded by Sachin Dev Duggal says its was unable to recover from ‘past decisions’
New CEO reveals Microsoft-backed company has lowered 2023 sales data and appointed BDO for first group-wide audit
Findings related to one of the UK’s best-funded tech start-ups raise corporate governance alarm
FT previously reported that Sachin Dev Duggal had been named in criminal probe and faced complaints about company culture
Founder of one of the UK’s best-funded start-ups has been dogged by legal disputes during a meteoric business career
Court documents show Sachin Dev Duggal and Saurabh Dhoot face questions from authorities over past business dealings