It started with chatter of a funding round. Then, exclusive news of a merger. Soon after, rumours of an acquisition surfaced. And then, just like that, it all went quiet. And somehow, this question never came up: What happened at IndiaHomes?
Ashish K. Mishra
Put yourself in this man’s shoes. This man, writing an email. To his employer.
As discussed over the last so many days with Board and Investors, due to lack of funds to run a viable operation the situation is becoming extremely volatile and unmanageable in the organisation. With no clarity emerging on fresh funding we are neither able to pay old liabilities (Stat dues/ Employee dues / Market related dues) nor are we able to invest in any initiatives for growing the business. As a result…
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