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Who’s the CFO?: Investors ask for finance heads in new startups to avoid BharatPe, Zilingo-like mess

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Instances of alleged financial irregularities across companies like BharatPe, Zilingo and Trell, among others, have left a bitter taste in the mouths of investors. To play it safe, now early stage venture capital funds are advocating that startups fill in the positions of CFOs early on to avoid potential mishaps and have someone to hold accountable for. 

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