/
Navigation
C
Chronicles
Browse all articles
C
E
Explore
Semantic exploration
E
R
Research
Entity momentum
R
N
Nexus
Correlations & relationships
N
~
Story Arc
Topic evolution
S
↻
Drift Map
Semantic trajectory animation
D
P
Posts
Analysis & commentary
P
Browse
@
Entities
Companies, people, products, technologies
◇
Domains
Browse by publication source
☉
Handles
Browse by social media handle
Detection
?
Concept Search
Semantic similarity search
!
High Impact Stories
Top coverage by position
+
Sentiment Analysis
Positive/negative coverage
*
Anomaly Detection
Unusual coverage patterns
Analysis
vs
Rivalry Report
Compare two entities head-to-head
/\
Semantic Pivots
Narrative discontinuities
!!
Crisis Response
Event recovery patterns
Connected
Nav: C E R N
Search: /
Command: ⌘K
Embeddings: large
VOICE ARCHIVE

Nikhil Patwardhan

@patwardhannn
12 posts
2025-06-01
🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funded ones, seems to be having major governance and compliance issues. A quick thread on a series of events.
2025-06-01 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
A few weeks later VerSe formally filed its results with the MCA. And that report opened a can of worms A quick look at the red flags raised by Deloitte. Although the auditor signed off on the company's financials, it issued an adverse opinion on the company's internal controls. [image]
2025-06-01 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
In March, @thecaptableco reported that Deloitte, VerSe Innovation's auditor, delayed signing off on the company's FY24 annual report, as it raised certain red flags.
2025-06-01 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
But just a week after, Dailyhunt put out a media release saying Deloitte has given the company a clean chit and it is expecting a 75% growth in FY25. In the release, Dailyhunt also said that its revenue declined in FY24 and attributed the decline to “a slowdown in the ad market”
2025-06-01 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
🚨🚨 https://builder.ai/, which filed for bankruptcy this month, was working with Dailyhunt and Josh parent VerSe Innovation to round tip revenue worth $60 million, Bloomberg reports. [image]
2025-06-01 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
2025-05-31
🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funded ones, seems to be having major governance and compliance issues. A quick thread on a series of events.
2025-05-31 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
A few weeks later VerSe formally filed its results with the MCA. And that report opened a can of worms A quick look at the red flags raised by Deloitte. Although the auditor signed off on the company's financials, it issued an adverse opinion on the company's internal controls. [image]
2025-05-31 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
In March, @thecaptableco reported that Deloitte, VerSe Innovation's auditor, delayed signing off on the company's FY24 annual report, as it raised certain red flags.
2025-05-31 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
But just a week after, Dailyhunt put out a media release saying Deloitte has given the company a clean chit and it is expecting a 75% growth in FY25. In the release, Dailyhunt also said that its revenue declined in FY24 and attributed the decline to “a slowdown in the ad market”
2025-05-31 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
🚨🚨 https://builder.ai/, which filed for bankruptcy this month, was working with Dailyhunt and Josh parent VerSe Innovation to round tip revenue worth $60 million, Bloomberg reports. [image]
2025-05-31 View on X
Bloomberg

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024

www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funde...

View original
2025-05-28
🚨 Unacademy founders to step down from the company. In sept 24, when @thecaptableco reached out to Unacademy to check if the founders are indeed stepping down, its board and the founders had issued a “strong denial” saying “these are baseless rumours.” A 🧵👇🏼
2025-05-28 View on X
The Economic Times

Sources: Unacademy co-founder Gaurav Munjal is stepping down as CEO, as the company pivots to in-person coaching centers and its Duolingo-like learning app

Samidha Sharma / The Economic Times :

View original
2025-03-01
🚨Bunch of interesting developments in the never-ending Byju's saga this week. Earlier this week, LinkedIn was flooded with Byju's employees reposting a document allegedly shared by an EY employee, who alleged how EY, along with Glas Trust, the lender consortium, arm twisted
2025-03-01 View on X
Bloomberg

A US court finds that Byju's and founder Byju Raveendran's brother violated a fiduciary duty to lenders by fraudulently hiding $533M from them

Steven Church / Bloomberg :

View original