India, Sept. 25 -- A founder shared a Reddit post alleging that their former co-founder was demanding Rs.40 crore in court for a Rs.6 lakh investment. After market downturns halted their venture, the investor allegedly sent a legal notice demanding the huge sum.

"My ex-cofounder invested Rs.6 lakh. Now he wants Rs.40 CRORE from me. It's in the High Court and I can't sleep," an individual wrote on Reddit.

Adding backstory, the person continued, "Last year a common contact introduced me to a guy who wanted to 'get into Web3.' I had a project nearly built: NFTs, a game concept, the whole thing. We signed a simple agreement: 50-50 co-founders. He puts in Rs.6L as capital, I do literally everything else. Arbitration clause for disputes. No r...