Big Start-up Debate with Arnab: 'Shark Tank Culture' Ruining Start-up ecosystem?

Big Start-up Debate with Arnab: 'Shark Tank Culture' Ruining Start-up ecosystem?

BluSmart’s operations have come to an abrupt halt as the electric vehicle ride-hailing company begins winding down its services, following an interim order issued by the Securities and Exchange Board of India (Sebi) on April 15. The order highlights financial misconduct by the promoters of Gensol Engineering, who also co-founded BluSmart.

Sebi’s investigation revealed serious lapses in financial management and a "complete breakdown" of corporate governance. The promoters were accused of misusing company funds for personal luxury indulgences, including the purchase of a ₹26 lakh golf set and a high-end apartment at DLF Camellias in Gurgaon. The market regulator criticized their actions, stating they treated the company as a "personal piggy bank."

In tonight's Debate, Arnab asks important questions, like, is the scam after-effects of 'fast fame'? Are 'Finfluencers' over glamourising startups? Watch the big startup debate to understand what the story is all about.

Another Blue-eyed Startup Ends in Smart Scam. The Dangers of Fast Fame, ‘shark Tank Culture’? Are ‘finfluencers’ Over Glamourising Startups? Super Rich Owners & Collapsing Companies. The Big Startup Debate With Arnab Tonight

#StartupScandal #blusmart #gensol #sebi #breakingnews #latestnews #trendingnews #republictvlive #republictv #arnablive #arnabgoswami #arnabdebates

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