Medikabazaar’s Boardroom Brawl, Jumbotail-Solv Deal & More

Medikabazaar Founder Corners Investors

Days after Medikabazaar fired founder and ex-CEO Vivek Tiwari from its board for alleged financial irregularities, much has emerged from the closed closets of the B2B medical supply startup. 

A petition filed by Tiwari before the Delhi High Court contests the manner of his removal as CEO last year and the legitimacy of the board’s decisions. On the flip side, investors have trained guns on him for alleged financial irregularities. The court will hear the matter later this month.

What Has Tiwari…