Investigators discovered that Mahadev Book didn’t just handle online betting—it allegedly invested profits into the stock market using foreign FPIs. With ₹6,000 crore in traffic and over 3,200 franchise panels, the app’s money was rumored to have been used to inflate SME share prices, raising broader concerns about financial corruption and investor harm https://mahadevbooki.in/blog/online-betting-mahadev-book/