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VerSe Innovation allegedly billed Builder.ai without services; Indian company denies claims

VerSe Innovation, parent of Dailyhunt, and Builder.ai are under scrutiny for allegedly inflating revenue through reciprocal invoicing without actual services rendered. Builder.ai reportedly gained $60 million from VerSe over four years. VerSe CEO Umang Bedi denies these claims, stating all transactions were for legitimate services, including cloud computing and advertising. 

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