Cult.fit Co-founder Faces FIR Ahead of Rs 950-Crore IPO

Cult.fit Co-founder Faces FIR Ahead of Rs 950-Crore IPO

An FIR has been filed against Cult.fit co-founder Rishabh Telang by his former business partner and brother-in-law Deepak Poduval, alleging forgery and cheating in the winding up of Cult Fitness Private Limited. The case comes as Cult.fit prepares for a Rs 950-crore IPO. Telang denies the charges, calling the timing mala fide.

Source: NDTV

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