Deloitte Flags Lapses in Dailyhunt Parent VerSe Innovation’s FY24 Accounts Including Supplier and Invoice Issues

Deloitte has identified lapses in the financial accounts of VerSe Innovation, the parent company of the Dailyhunt app, for the fiscal year 2024. The audit firm pointed out issues related to supplier selection, purchase order approvals, and unexplained invoices. Additionally, there were changes in the reported figures for the year ended March 31, 2023. These findings have raised concerns about the accuracy and transparency of VerSe Innovation's financial reporting. The company is part of a broader set of stories including founders' debt at ZeptoNow, Rapido's food delivery expansion, and layoffs at Cars24, but the audit issues at VerSe Innovation have drawn particular attention.