| “Ghost” Entity | Claimed Investment | Action |
|---|---|---|
| Trump Media TechUS-Based Claim | ₹1 Lakh Cr | View Audit |
| Ursa ClustersNew Entity | ₹500 Cr | View Audit |
The #CongressFakeMoUs campaign has sparked a technical debate over “Paper Investments.” Our lab’s OSINT (Open Source Intelligence) audit of Trump Media & Technology Group reveals a market capitalization significantly lower than the proposed ₹1 Lakh Crore investment in Telangana. Furthermore, the lack of DNS records for ADIGC Singapore suggests a massive “Handshake-to-Website” gap that threatens the state’s industrial credibility.
Congress Government’s Investment Claims Are Fake and Misleading: Kalvakuntla Kavitha
Addressing a high-stakes press meet at the Telangana Jagruthi office in Banjara Hills today, Kalvakuntla Kavitha launched a detailed attack on the Congress government’s industrial policy. She alleged that the multi-billion dollar Memorandums of Understanding (MoUs) being celebrated by the administration are nothing more than a “paper scam” designed to mislead the public.
The “Ghost Company” Crisis: Multi-Billion Dollar Deals with No Websites
The most explosive revelation from the press meet was the lack of basic digital credibility for the government’s new investment partners. Kavitha pointed out that several companies, which have reportedly signed deals worth thousands of crores, do not even possess a functional official website.
- Verification Gap: Kavitha questioned how a global entity capable of billion-dollar capital inflow can operate without a digital identity.
- The Trump Media Claim: She highlighted that while the government claimed a ₹1 Lakh Crore investment from Trump Media Technology, the total market valuation of that firm globally is significantly lower, raising questions about the source of the funds.
Specific Red Flags: Ursa Clusters and ADIGC Singapore
At the itrendspot Data Desk, we cross-referenced the names mentioned by Kavitha with corporate registries. The research confirms a disturbing pattern of “shell-like” behavior:
- Ursa Clusters: This company signed an MoU for ₹500 Crores before it was officially registered as a business entity.
- ADIGC Singapore: A major partner for a ₹67,000 Crore data center project, yet it lacks any verifiable industrial track record or online presence.
- Small Capital Entities: Firms like Bharat Garuda, SLR, and RCT have signed multi-thousand crore deals despite having a paid-up capital of less than ₹10 Lakhs.
A Call for Youth Action: The #CongressFakeMoUs Movement
Kavitha Kalvakuntla urged the youth of Telangana to take this fight to social media. Under the hashtag #CongressFakeMoUs, she called for a statewide digital movement to expose these “Paper MoUs.” She emphasized that by promoting fake investments, the government is playing with the aspirations of unemployed youth who are waiting for real job opportunities.
The Demand for Transparency: A White Paper on MoUs
Concluding her briefing, Kavitha demanded that the Revanth Reddy-led government release a White Paper for every MoU signed in 2025 and 2026.
- Actual Fund Receipt: The government must clarify how much actual cash has entered Telangana.
- Employment Timelines: A technical roadmap for when the first 10,000 jobs will be created.
- Physical Presence: Proof of physical headquarters and previous industrial operations for every partner.
Summary Data Table
| Company in Question | Claimed Investment | itrendspot Audit Status |
| Trump Media Tech | ₹1,00,000 Cr | Valuation Mismatch Found |
| ADIGC Singapore | ₹67,000 Cr | No Official Website Found |
| Ursa Clusters | ₹500 Cr | Post-MoU Registration Found |
| Bharat Garuda | ₹2,100 Cr | Low Paid-up Capital Found |
