<ul><li>EaseMyTrip's cofounder Nishant Pitti is under ED investigation for alleged involvement in the Mahadev app betting scam and manipulation of stock prices.</li><li>During ED raids, INR 7 Lakh was recovered from Pitti's residence, considered potential proceeds of crime.</li><li>ED alleges Pitti's connection with betting website Sky Exchange and payments made to shell companies linked to the app.</li><li>Shares of Easy Trip Planners Ltd. (EaseMyTrip) dropped over 3% on the BSE following the news development.</li></ul>

Mahadev Betting Scam: ED Probing EaseMyTrip’s Nishant Pitti For Sky Exchange Link

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