Orios writes down investment in GoMechanic amid controversy
Shortpedia
Content Team
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Orios Venture Partners has reportedly written down its investment in the beleaguered car servicing startup GoMechanic, in which it is the second-largest institutional stakeholder. The VC firm, which holds about a 17.14% stake in the startup, informed its limited partners (LPs) of its decision, a Mint report citing an internal email said.
