GoMechanic Admits To Financial Irregularities, Lays Off 70% Employees
India’s startups have been struggling with an unfavourable funding environment in recent months, but more serious issues are now coming to light. GoMechanic…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
These Are The Profits And Losses Of The Companies Run By Shark Tank Judges
Entrepreneurs appearing on the hit TV show Shark Tank India are subject to the greatest scrutiny by the “sharks” — they are probed…
Dunzo, Sharechat And Faasos Lay Off Employees As Startup Layoffs Pile Up In 2023
2022 had been billed the year of startup layoffs, but 2023 — in just a fortnight — is already making it look tame…
Adani Group Launches AdaniOne Platform To Let Users Book Flights And Airport Cabs
The Adani Group is already the biggest airport operator in India, but it is now looking to grab a slice of the consumer-facing…
Ola, Unacademy, Lead School And CoinDCX Lay Off Employees In Brutal Week For Indian Startups
2022 had already been billed as the year of Indian startup layoffs, but it now appears it was simply a prelude for the…
Home Decor Brand Chumbak Sold To Goat Labs In Reported Slump Sale
One of India’s earliest and best known design startups has also bowed down to the brand-of-brands onslaught. Home decor brand Chumbak, which made…
This Is What Gautam Adani’s Daily Schedule Looks Like
Gautam Adani has had a meteoric rise up the world’s rich lists. After a frenetic two years which have seen his wealth jump…
Microsoft Could Invest $10 Billion Into ChatGPT-Maker OpenAI, Value It At $29 Billion
A single viral product could’ve transformed what was once a niche company little-known outside Artificial Intelligence circles into one of the most valuable…
Zerodha’s Net Profit Doubles To Rs. 2094 Crore In FY22
The funding winter might be here, and most startups might be laying off employees, but the Zerodha juggernaut seems to roll merrily on….