Dailyhunt Clears The Air After Deloitte Flags Lapses; Claims 70% Revenue Spike In FY25

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“The financials are true and fair with a clean report. The controls within the company were identified as weak by Deloitte, however, it is confirmed that these control weaknesses have no impact on the company’s consolidated financial statements,” VerSe Innovation cofounder Umang Bedi told Inc42.

This comes as Bengaluru-based VerSe Innovation, the parent company of Dailyhunt and Josh, saw its auditor Deloitte flagging weaknesses in its internal financial controls in its audit report for the…



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Dailyhunt Clears The Air After Deloitte Flags Lapses; Claims 70% Revenue Spike In FY25


“The financials are true and fair with a clean report. The controls within the company were identified as weak by Deloitte, however, it is confirmed that these control weaknesses have no impact on the company’s consolidated financial statements,” VerSe Innovation cofounder Umang Bedi told Inc42.

This comes as Bengaluru-based VerSe Innovation, the parent company of Dailyhunt and Josh, saw its auditor Deloitte flagging weaknesses in its internal financial controls in its audit report for the…



Source link

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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