95% Of Indian Startups Will Not Be Able To Grow Into Their High Valuations: Flipkart CEO
India had produced a record 43 unicorns in 2021, but one of the biggest voices in the Indian tech ecosystem says that most…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
After 3 High-Level Exits In A Month, Zomato To Lay Off 3% Of Its Workforce
Global tech companies have been laying off employees for a while — Meta, Amazon, Twitter and Cisco have all terminated thousands of workers…
Startup Skyroot Successfully Launches India’s First Private Rocket Into Space
Today was a small launch for a rocket, but a giant leap for India’s space program. Hyderabad-based startup Skyroot Aerospace has successfully launched…
Paytm’s Shares Tumble 10% After Softbank Offloads $200 Million Stake
Paytm’s stock has had a torrid time at the bourses since it was listed in November last year, and as its one-year lock…
How Bikaji Split From Haldiram’s And Created A $1 Billion Company For Itself
Bikaji Foods International went pubic today, and the stock was lapped up by the markets — the company’s shares rose 6% on opening…
A Record 6 Indian Companies Have Registered Profits Of Rs. 10,000 Crore This Quarter
The global markets might be in turmoil, the biggest names in tech might be laying off thousands of workers, and fears of a…
Social, Mocha & Smoke House Deli Parent Company Raises Rs. 550 Crore To Expand Restaurant Chains
As the coronavirus pandemic recedes into the distance, the sectors which it had impacted the most seem to be roaring back to life….
Indian Startup Agnikul Successfully Tests World’s First 3D-Printed Single-Piece Rocket Engine
Even as one Indian space-tech startup is readying to send the country’s first private rocket into space, another has notched a world-first to…
Lenskart Slips Back Into Losses After Being Profitable For 2 Years, Posts Rs. 102 Crore Loss
India’s short list of unicorn startups that actually make money has gotten even shorter. Eyewear company Lenskart, which had been reporting profits for…