| Founded | 2017 |
|---|---|
| Closed | 2022 |
| Country | India |
| Sector | Saas |
| Collapse type | Fraud Explosion |
| Founder | Rohit Kapoor, Meera Iyer |
NextTransform
"Faked ARR to raise Series A — KPMG found out during Series B."
Sudden collapse triggered by fraud exposure
Key Events Timeline
NextTransform raised $9M from Sequoia India Surge and Blume Ventures to help Indian enterprises migrate from SAP legacy systems.
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