Anuj Suvarna's profile photo

Anuj Suvarna

Bangalore

Writer at The Arc

Assistant editor @YourstoryCo | Tracking Startups and Venture Capital | Hotelier | Views personal.

Articles

  • 2 weeks ago | the-captable.com | Anuj Suvarna

    Key Takeaways Karnataka’s 100% licence renewal hike is crippling small bars and breweries, forcing many to consider shutting down The state wants more excise revenue, but rising costs and falling margins are hollowing out the industry that funds it Big players can absorb the hit, but smaller operators and local distilleries face survival threats Karnataka’s tightly controlled excise system is reaching a breaking point, risking an underground shift in the trade “When elections were announced,...

  • 3 weeks ago | the-captable.com | Anuj Suvarna

    Key Takeaways Medikabazaar’s FY24 loss widened to Rs 395 crore despite 47% revenue growth due to cleaning up past accounting fraud A whistleblower exposed inflated sales and falsified records, leading to legal action and an FIR against founder Vivek Tiwari The audit found undocumented assets worth Rs 10.31 crore, unverified inventory of Rs 18.65 crore, and Rs 74.21 crore in foreign advances lacking proper support Medikabazaar’s scandal highlights broader governance issues across Indian...

  • 1 month ago | the-captable.com | Anuj Suvarna

    Key Takeaways The likes of Pristyn, PB Fintech, and Even are launching new-age hospitals with integrated tech, aiming to control the full stack of care and regain investor confidence The hospital sector offers what digital health never could—dependable profits, trusted distribution, and alignment with private equity metrics like bed utilisation and capex efficiency PE firms are already deeply embedded in Indian hospitals, having backed everything from regional chains to dialysis networks But...

  • 2 months ago | the-captable.com | Anuj Suvarna

    Key Takeaways A whistleblower complaint in December 2023 uncovered widespread financial fraud at Medikabazaar FY23 statements have since been restated to correct inflated revenues, unverified inventory, and false transactions PwC resigned as auditor after flagging unverifiable inventory and assets, and filing a fraud report with the MCA Series C investors have triggered a Rs 279 crore indemnity claim, alleging fundraising misstatements New leadership is attempting a turnaround amid forensic...

  • 2 months ago | the-captable.com | Nikhil Patwardhan |Anuj Suvarna

    Key Takeaways India's VC firms are grappling with a new Sebi-mandated exam that has disrupted the industry, pushing seasoned fund managers back into academic mode The exam has been criticised for its theory-heavy, hedge-fund-centric syllabus, seen as misaligned with the practical realities of fund management As firms rush to comply before the May 9 deadline, VCs are promoting compliance professionals; some are even considering shifting fund domiciles offshore Though Sebi has shown openness to...

Contact details

Socials & Sites

Try JournoFinder For Free

Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.

Start Your 7-Day Free Trial →

X (formerly Twitter)

Followers
415
Tweets
1K
DMs Open
No
No Tweets found.