Indian startup VideoVerse was reportedly acquired by Minute Media for $250 million in September 2025, but the deal fell through less than a year later. VideoVerse co-founder Vinayak Shrivastav is now facing multiple lawsuits, accused of alleged fraud and signature forgery. The acquirer, Minute Media, stated it terminated its partnership with VideoVerse due to significant discrepancies found in VideoVerse's representations. Investors Bluestone Capital and creditor Lingotto have also filed lawsuits, accusing Shrivastav of using fraudulent merger documents, forging signatures on loan and share repurchase agreements, and forging the Minute Media CEO's signature and bank balance screenshots. Shrivastav was removed from his CEO position at the end of April.