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Author: OfficeChai Team

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

Startup And Business Outlets Vandalized By Pro-Kannada Protestors In Bengaluru

December 27, 2023December 27, 2023 OfficeChai Team

Bengaluru has become India’s Silicon Valley over the years, but it seems to have also imported some of Silicon Valley’s activism and administrative…

Incred Becomes India’s Second Unicorn Of 2023, Raises Funds At $1.05 Billion Valuation

December 25, 2023December 25, 2023 OfficeChai Team

2023 has been a forgettable year for India’s startup ecosystem, but it’s brought about some cheer at the very end. Fintech startup Incred…

Paytm Has Laid Off 1000 Employees Across Divisions

December 25, 2023December 25, 2023 OfficeChai Team

2023 has been a forgettable year for India’s startup ecosystem, and it continues to bring in bad news until the very end. Paytm…

IIT Bombay’s 1998 Batch Donates Record Rs. 57 Crore To Institute

December 24, 2023December 24, 2023 OfficeChai Team

IIT Bombay’s alumni have blazed trails all over the world in diverse fields, and now they’re giving back to their alma mater. IIT…

Zerodha’s Nithin Kamath Added To Modi Govt’s Startup Advisory Council, Byju Raveendran, Others Removed

December 22, 2023December 22, 2023 OfficeChai Team

India’s top entrepreneurs and investors don’t just run their companies — they also help the government make policies around startups. The Modi government…

Indian Startups Have Laid Off 28,000 Employees In The First 9 Months Of 2023

December 21, 2023December 21, 2023 OfficeChai Team

It’s now widely accepted that 2023 has been one of the lowest points in recent memory in India’s startup ecosystem, but numbers point…

Sharechat Lays Off 200 Employees, Valuation Could Fall From $5 Billion To $1.5 Billion

December 20, 2023December 20, 2023 OfficeChai Team

India’s startup ecosystem is several quarters into the funding winter, but well established names are still continuing to jettison staff in large numbers….

In Win For Elon Musk’s Starlink, India’s Telecom Bill Paves Way For Allocation Of Satellite Spectrum

December 19, 2023December 19, 2023 OfficeChai Team

Elon Musk might’ve been negotiating unsuccessfully for years to be able to bring Tesla to India, but one of his other startups could…

Udaan Lays Of 10 Percent Of Its Workforce Days After Raising Rs. 2,800 Crore

December 18, 2023December 18, 2023 OfficeChai Team

Even as funding rounds are slowly beginning to trickle in for startups in the funding winter, employees are still getting the short end…

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