Sunday, 9 August 2026
IPO-Bound Cult.fit’s Rishabh Telang Denies Forgery Allegations By Deepak Poduval
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Summary
Deepak Poduval, cofounder of Cult Fitness Pvt Ltd, has filed an FIR against cofounder and brother-in-law Rishabh Telang over alleged forged documents.
Why it matters
The Cult.fit dispute is a reminder that governance issues can become financing and listing issues quickly, especially for companies already thinking about an IPO.
Founder/operator read
Keep founder agreements, board approvals, and cap-table paperwork clean long before a strategic sale or public-market process starts.
Original source
Original source: https://inc42.com/buzz/ipo-bound-cult-fits-rishabh-telang-denies-forgery-allegations-by-deepak-poduval