Indira IVF Founder Dr. Ajay Murdia Defrauded of ₹44 Crore by Filmmaker Vikram Bhatt

• Filmmaker Vikram Bhatt and his wife Shwetambari Bhatt are accused of defrauding Dr. Ajay Murdia, founder of Indira IVF, of ₹44 crore.
• The fraud involved taking a large sum for a film project, allegedly in memory of Dr. Murdia's late wife Indira, then misusing the funds.
• Indira IVF started as a small clinic in 1988 by Dr. Murdia, who left a government job to provide IVF treatment.
• The company overcame societal stigma, high costs, and lack of technology by focusing on awareness, affordability, and training.
• Indira IVF expanded to over 165 centers, primarily in Tier 2 and Tier 3 cities, and plans further expansion into Nepal and Bangladesh after a recent IPO approval.

Why It Matters: Indira IVF founder Dr. Ajay Murdia was defrauded of ₹44 crore by Vikram Bhatt, highlighting the clinic's success story.