Info Edge (India) Ltd has filed a police complaint against Rahul Yadav, founder of 4B Networks, alleging misappropriation of funds. The complaint, lodged by Info Edge’s subsidiary, led to a first information report (FIR) being registered by Mumbai Police. The allegations involve fraudulent acts concerning 4B Networks’ finances. Info Edge invested Rs 288 crore to acquire a 59% stake in the company, which connects real estate developers with brokers. The dispute escalated after 4B Networks failed to provide necessary operational details, prompting Info Edge to initiate a forensic audit and report suspicious transactions.

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