IANS
New Delhi, June 2
In yet another sensational story of an Indian
founder taking his startup for a joyride,
Broker Network (operated by 4B Networks)
founder Rahul Yadav reportedly maintained a
luxurious lifestyle such as owning a Mercedes-
Maybach and hired a boardroom at the Taj
Land's End for Rs 80,000 per day, as
employees were left unpaid for months.
According to a report in leading startup news
portal Inc42, Broker Network burnt over Rs
280 crore in less than 18 months, while over
150 employees have not been paid since
November last year.