Instacart Inc. cofounder Apoorva Mehta was accused in a lawsuit of using stolen trade secrets to create a healthcare startup that was a copy of an existing company.
Hello Logistics Inc., which operates under the name NextMed, sued Mehta, his business partner Tejasvi Singh, and their company Cloud Health Systems over allegations of misappropriation of trade secrets, copyright infringement and other claims. Both companies run websites promoting weight loss.
“Wanting in on NextMed’s success, and in search of venture capital funding for a new project,” Mehta teamed up with Singh, “to do what Mehta later said he considered ‘unethical but