Nestaway cofounder accuses Tiger Global, Chiratae, Goldman of fraud
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The investors have approached the Orissa High Court, seeking to quash the FIR filed last September with the Economic Offences Wing (EOW) of the Bhubaneswar Police and also names his cofounder as an accused. The next hearing of the matter is scheduled for January 9.
According to the FIR, Nestaway’s investors had promised to pay Rs 11.72 crore to Sahu upon the sale of the home rental platform in 2023 to Aurum Prop Tech but reneged on it.
Sahu also claimed that the share purchase agreement between Nestaway and Aurum included a forged document with his signature representing the company. According to the FIR, he had resigned from the directorship of the company prior to the signing of the sale agreement.
ET has seen a copy of Sahu’s complaint and the FIR. Online news portal The Arc first reported on this development.
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