A unique forgery has come to the fore in Noida, adjacent to Delhi. Its story is also very interesting. Two people named Luke Talwar and Arjun Chaudhary together assured people that they were going to do a ‘World Startup Convention’. From Elon Musk, Sundar Pichai to Nitin Gadkari and Gautam Adani are going to participate in this. He raised a lot of money by selling tickets worth thousands of rupees. While this ‘fake’ event was promoted on social media by people like writer Chetan Bhagat, MBA Chaiwala Prafulla Bilore, will they now have to pay a fine of up to Rs 50 lakh as per government rules?
To save people from cheating on social media, the government had recently issued guidelines for social media influencers. In these guidelines, the government has made a provision for a fine of up to Rs 50 lakh for giving misleading and wrong information.
Chetan Bhagat, MBA chaiwala fined?
The ‘World Startup Convention’ event was promoted on social media as the world’s largest startup funding event. Writers Chetan Bhagat, entrepreneurs Prafulla Bilore (MBA Chaiwala), Ankur Variku and Raj Shamani shared videos related to the event. Asked people to join it and go to it to raise funds.
The Social Media Influencers Guidelines fix the accountability of influencers in such cases. According to this, if a person promotes a brand, then he has to tell the right relation with it. If he does not do this, he has to pay a fine of up to Rs 50 lakh. On the other hand, if the influencers give any kind of misleading information, then they have to pay fine under consumer law. Now it remains to be seen whether in this case all these influencers are fined or not?
‘Big scandal’ related to startup funding
The ‘World Startup Convention’ was organized on 24 March at the India Expo Mart in Greater Noida. People were promised that here startups will get a chance to get funding up to Rs 1 lakh crore. More than 9000 angel investors, more than 75 thousand startups will be involved.
Not only this, there was talk of involvement of businessmen and leaders like Elon Musk, Sundar Pichai, Gautam Adani to Nitin Gadkari, Keshav Prasad Maurya, Pushkar Singh Dhami. In the name of this, people were charged from Rs 8,000 to Rs 25,000 for entry fees. So some startups spent up to Rs 50 lakh to set up stalls.
But on March 24, this event got busted. Nothing was found there as promised, even there was no provision of drinking water for the people. At last the police reached there and a lot of controversy was seen on the spot.