 "Trell")
Social commerce platform Trell is at the final stages of selling its minority shareholding of around 10 per cent in AppsForBharat to Mirae Asset Management and MSA Novo for $8-9 million, according to sources close to the development.
Apps For Bharat is a spiritual content platform founded by Prashant Sachan, one of the co-founders of Trell, who left the social commerce company at the end of 2020 to work on the new start-up. Several reports have alleged that an audit by EY has found related party transactions between the two companies, among other financial irregularities such as inflation of sales figures.
The
