IPO scam: ED seizes 400 cheque books, electronic devices after searches in Mumbai

New Delhi, Nov 4 (IANS) The ED conducted searches at multiple locations in Mumbai as part of investigations against a company that duped investors after providing false assurances to set up data and digital learning centres in small towns, an official said on Tuesday.

The Enforcement Directorate (ED), Headquarters Investigation Unit, New Delhi, conducted the search operations on October 29 against Varanium Cloud Ltd, its promoter Harshavardhan Sabale and other associated entities.