MBA Chaiwala gets sued by its own franchise as it fails to deliver over-hyped promises

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MBA Chaiwala, who rose to prominence for his entrepreneurial success story, has been accused of defrauding a group of young people who claim he took lakhs of rupees from them for franchisee but failed to deliver on his promises.

The group filed a complaint with the Lasudia police station, and DCP Suraj Verma ordered an investigation.

MBA Chai Wala is a tea chain that was founded by Prafull Billore in Ahmedabad, India. The name “MBA” in MBA Chai Wala stands for Mr. Billore Ahmedabad. The brand offers a variety of tea flavors and snacks like Maska Bun, which has made it popular among the masses.On Monday, Ashish Tiwari arrived at Lasudia Police Station with the complainants, who claimed that MBA Chaiwala’s director Prafulla Billaure took Rs 10 lakh from each of them in exchange for a franchise and promised to set up the business and guarantee a daily income of at least Rs 10,000.

Ashish stated the reason ” Is mainly because of no brand value, he is only focused on giving gyan on instagram, he doesnt have time to work on product and brand and doenst even reply over emails also he doesnt even meet, says that mujhe maarne aye hain”

However, they claim that none of this has occurred, and that they are now in debt as a result of the loans they took to open the shops. Billaur’s lawyer denied the allegations, claiming that everything was done in accordance with the contract. The investigation is ongoing, and if any fraudulent activity is discovered, action will be taken.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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MBA Chaiwala gets sued by its own franchise as it fails to deliver over-hyped promises

MBA Chaiwala, who rose to prominence for his entrepreneurial success story, has been accused of defrauding a group of young people who claim he took lakhs of rupees from them for franchisee but failed to deliver on his promises.

The group filed a complaint with the Lasudia police station, and DCP Suraj Verma ordered an investigation.

MBA Chai Wala is a tea chain that was founded by Prafull Billore in Ahmedabad, India. The name “MBA” in MBA Chai Wala stands for Mr. Billore Ahmedabad. The brand offers a variety of tea flavors and snacks like Maska Bun, which has made it popular among the masses.On Monday, Ashish Tiwari arrived at Lasudia Police Station with the complainants, who claimed that MBA Chaiwala’s director Prafulla Billaure took Rs 10 lakh from each of them in exchange for a franchise and promised to set up the business and guarantee a daily income of at least Rs 10,000.

Ashish stated the reason ” Is mainly because of no brand value, he is only focused on giving gyan on instagram, he doesnt have time to work on product and brand and doenst even reply over emails also he doesnt even meet, says that mujhe maarne aye hain”

However, they claim that none of this has occurred, and that they are now in debt as a result of the loans they took to open the shops. Billaur’s lawyer denied the allegations, claiming that everything was done in accordance with the contract. The investigation is ongoing, and if any fraudulent activity is discovered, action will be taken.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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