How GoMechanic founders floated Morsebiz as car servicing startup unravelled; BPM firms turn to cost-saving deals

As the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic's founders floated a new startup and tried to sell the idea of spinning off its spare parts business to raise capital. But investors were unimpressed. Today we take a deep dive into what brewed just months before the confessions of accounting lapses were made by the GoMechanic founder Amit Bhasin in January.

from Tech-Economic Times https://ift.tt/VXmGN0A