4b Networks

Info Edge files FIR against 4B Networks founder Rahul Yadav, others for fraud

Info Edge, which had invested about Rs 288 crore in 4B Networks via its subsidiary, had first flagged corporate governance issues in the startup back in early 2023 post a forensic audit. Besides a complaint with EOW in Mumbai, the matter is under arbitration.

Info Edge accuses 4B Networks and Rahul Yadav of undertaking ‘suspicious transactions’ with a company allegedly started by an associate

In a complaint to Mumbai Police, Info Edge alleges that Yadav has made several high-value transactions to individuals, companies and vendors associated with him.

4B Networks’ Rahul Yadav’s anticipatory bail plea rejected by Mumbai court

Rahul Yadav's anticipatory bail plea was denied by a Mumbai city sessions court.

Rahul Yadav's 4B Networks runs out of time to respond in arbitration with Innov8

Rahul Yadav and Sanjay Saini have also filed for anticipatory bail in the criminal case against them.

Co-working firm Innov8 goes into arbitration with Rahul Yadav's 4B Networks for unpaid dues

Meanwhile, Yadav’s delaying tactics continue as 4B Networks asks for more time in its arbitration proceedings with Innov8 and Info Edge. He was also questioned twice by the Mumbai Police this week.

Legal troubles continue for Rahul Yadav and 4B Networks, vendor files complaint over Rs 10 cr in unpaid dues

A first information report (FIR) has been registered by the Mumbai police against Yadav and Sanjay Saini of 4B Networks for cheating. Sources close to the development say that a lookout notice has been issued against Yadav.

Investing in Rahul Yadav's 4B Networks was a mistake: Info Edge’s Sanjeev Bikhchandani

The Info Edge said they have had discussions internally and reviewed matters if something needs to be changed, to see if they need to tighten due diligence, etc

Rahul Yadav’s 4B Networks didn’t give details to Info Edge despite forensic audit, to go into arbitration

Info Edge said after it did not receive any information and access for the forensic audit, it sent a legal notice and also filed a petition before the Delhi High Court for protection under relevant sections of the Arbitration and Conciliation Act.