{
  "id": 314418,
  "title": "IPO-Bound Cult.fit’s Rishabh Telang Denies Forgery Allegations By Deepak Poduval",
  "url": "https://urgent.news/2026/08/08/ipo-bound-cult-fits-rishabh-telang-denies-forgery-allegations-by",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-08T15:33:09.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/ipo-bound-cult-fits-rishabh-telang-denies-forgery-allegations-by-deepak-poduval/"
  },
  "original_language": "en",
  "account": "Deepak Poduval, co-founder of Cult Fitness Pvt Ltd, has filed a criminal complaint against co-founder and brother-in-law Rishabh Telang in Bengaluru's Bellandur Police Station. The allegations include forgery, cheating, and criminal conspiracy related to the 2016 transfer of assets and intellectual property from Cult Fitness to Cultfit Healthcare Pvt Ltd, a subsidiary of the IPO-bound Cult.fit company. Poduval claims Telang forged his signature on documents related to the transaction, and that he did not receive payments from the deal. Telang denies the accusations and states that he was fully involved in the transactions with Cultfit Healthcare and the winding up of Cult Fitness. Cult.fit, in response, said it is not an accused party in the FIR and that the transaction was conducted under proper contractual arrangements.",
  "summary": "Deepak Poduval, cofounder of Cult Fitness Pvt Ltd, has filed an FIR against his cofounder and brother-in-law Rishabh Telang at…",
  "key_points": [
    "Rishabh Telang accused of forgery and cheating in asset transfer case",
    "Deepak Poduval, co-founder, files criminal complaint against Telang",
    "Cult.fit denies being accused party in FIR"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}