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TVF CEO Steps Down After Sexual Harassment Accusation

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TVF CEO steps down, arunabh kumar, tvf, sexual harassment, tvf ceo, TVF CEO resigns , TVF CEO steps down over sexual harassment allegations, startupstories, startup stories india, startupstories 2017, arunabh kumar tvf, tvf ceo arunabh kumar steps down

Famous online digital entertainment channel The Viral Fever’s CEO Arunabh Kumar, who had been accused of sexual harassment, steps down from his post. COO Dhawal Gusain will take over the responsibilities of the co-founder. Dhawal Gusain has worked with TVF since 2015 as their COO and had earlier worked at Hindustan Unilever, DropThought and PwC’s ‘Strategy&’.

Arunabh Kumar released a statement on twitter stating the sexual harassment case lodged against him to be the reason for his move to step down. He was booked under sections 354A  (causing sexual harassment) and 509 (insult the modesty of a woman by indecent words, gesture or acts) of Indian Penal Code on 29 March. Although TVF initially denied the claims after Kumar was granted interim bail in April, a committee has been set up to look into the allegations.

A former employee who worked with TVF in 2014-2016 registered a case against the co-founder with the Mumbai Police. In a now viral anonymous blog post titled ‘The Indian Uber- That is TVF,’ she accused Arunabh Kumar of sexually harassing her when she was working in the organization. The blog was published under the name of the ‘Indian Fowler.

In his statement, Kumar added that he was sorry for their initial response but has faith that truth will prevail and thanked his audience for standing by them during this difficult times. While Dhawal will have the full reins of the company, Kumar will be available as a mentor for the content team.

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Dunzo Gets Breather as NCLT Rejects Insolvency Petition from Invoice Discounters

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Dunzo

The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.

The invoice discounters alleged that Dunzo had paid only 50% of the required amounts, though the exact sum was not disclosed. Despite ongoing settlement talks, no resolution was reached, and the tribunal noted Dunzo’s delays in responding to creditor petitions. Dunzo continues to grapple with severe liquidity issues, delayed payments, and significant losses—reporting a ₹1,801.8 crore loss in FY23 and owing approximately ₹11.4 crore to major vendors like Google India and Facebook India.

While this NCLT ruling provides Dunzo some breathing room, the company still faces ongoing financial and operational challenges as it works to resolve its outstanding liabilities.

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How a Golden Retriever Became the Heart and Soul of a Hyderabad Startup’s Workplace

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Golden Retriever in workplace

Hyderabad-based startup Harvesting Robotics has won hearts online by appointing a golden retriever named Denver as its Chief Happiness Officer (CHO). Denver, introduced by co-founder Rahul Arepaka in a viral LinkedIn post, has quickly become the star of the office, spreading joy and boosting morale among employees. The company is now officially pet-friendly, a move Arepaka calls their “best decision.”

Denver’s new role has sparked widespread attention, with thousands liking and commenting on the announcement. Many see Denver’s presence as more than just a cute story—it highlights a growing trend of pet-friendly workplaces that prioritize employee well-being and happiness. As companies increasingly focus on holistic wellness, Denver’s appointment shows that sometimes, a wagging tail is the best way to brighten the workday.

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Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

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