CosmicTaco

Clensta CEO Claims LinkedIn Hack After Admitting to Fudging Books

CosmicTaco · 2024-10-15T09:25:02.435102+05:30

- Puneet Gupta, CEO of Clensta, alleges **LinkedIn hack** after a post admitting to **fudging company's books**. - The post came an hour after a letter detailing **financial mismanagement** was posted on the company's official page. - This follows reports of the **Parineeti Chopra-backed startup** in talks to raise **$10 million** in Series B funding, with Amazon as a potential investor. - Gupta's letter expressed regret for **unpaid salaries**, poor financial management, and misleading employees and investors. - He apologized for **misrepresenting Clensta's financials** and pledged to find solutions to the crisis. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/clensta-flip-flop-founder-puneet-gupta-alleges-hack-after-a-company-post-claims-it-fudged-books-12841856.html)

Puneet Gupta, CEO of Clensta, alleges LinkedIn hack after a post admitting to fudging company's books.
The post came an hour after a letter detailing financial mismanagement was posted on the company's official page.
This follows reports of the Parineeti Chopra-backed startup in talks to raise $10 million in Series B funding, with Amazon as a potential investor.
Gupta's letter expressed regret for unpaid salaries, poor financial management, and misleading employees and investors.
He apologized for misrepresenting Clensta's financials and pledged to find solutions to the crisis.