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Author: OfficeChai Team

Dotting the i's, crossing the t's.

Zoho Reports Record Profit Of Rs. 2,836 Crore In FY23

February 2, 2024February 2, 2024 OfficeChai Team

Even as India’s startup ecosystem battles valuation markdowns and layoffs, one of its legacy profitable names continues to chug along as usual. Zoho…

Byju’s Investors Call EGM To Remove Founder Byju Raveendran, Change Board

February 1, 2024February 1, 2024 OfficeChai Team

Even as Byju’s is staring at brink after a 99% drop in valuation, a coup might be afoot at the beleaguered ed-tech company….

RBI Stops Deposits In Paytm Payments Bank Over “Persistent Non-Compliances”

January 31, 2024January 31, 2024 OfficeChai Team

Paytm Payments Bank has had a rough few years trying to keep up with RBI’s compliance norms, and things now seem to have…

PolicyBazaar Turns Profitable, Reports Rs. 37 Crore Profit In Dec Quarter

January 31, 2024January 31, 2024 OfficeChai Team

Many of India’s listed unicorns have had a rough time since being listed, but they seem to be slowly finding their way around…

Be Shameless While Asking Famous People To Be Your Mentors: Airbnb’s Brian Chesky

January 30, 2024January 30, 2024 OfficeChai Team

It can be quite intimidating to approach someone important and ask them to mentor you, but Airbnb founder Brian Chesky says that one…

IIT Madras Alumnus Sunil Wadhwani Donates Rs. 110 Crore To Institute

January 30, 2024January 31, 2024 OfficeChai Team

Indian colleges continue to benefit from the largesse of their successful alumni. IIT Madras alumnus Sunil Wadhwani has donated Rs. 110 crore to…

Byju’s Launches Rights Issue To Raise Funds At $225M Valuation, 99% Below Peak

January 29, 2024January 29, 2024 OfficeChai Team

Byju’s, which was once India’s most valuable startup with a valuation of $22 billion, is now worth essentially nothing. Byju’s board has approved…

How Narayana Murthy Went From Being A Leftist to A Capitalist

January 28, 2024January 28, 2024 OfficeChai Team

Narayana Murthy might currently be advocating for hard work with 70-hour work weeks, but in his own youth, he too was a bleeding…

Bhavish Aggarwal’s Krtutrim AI Becomes India’s Fastest Unicorn With $50 Million Fundraise

January 26, 2024January 26, 2024 OfficeChai Team

The last few quarters have seen the Indian startup ecosystem go through a fair bit of strife with large-scale layoffs and valuation markdowns,…

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