FirstCry Founder Probed for Alleged $50 Million India Tax Evasion
- Maheshwari allegedly skipped paying taxes on some transactions
- Investors in FirstCry also received enquiries on the matter
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India’s tax department is probing an alleged tax evasion by founder of three Indian unicorns — FirstCry.com, Globalbees Brands Ltd. and Xpressbees — , according to people familiar with the matter.