Byju’s Fires 2,500 Employees Across Toppr, WhiteHat Jr And Its Core Business: Report
The ed-tech winter had already affected several unicorn startups — both Vedantu and Unacademy have fired hundreds of employees in recent weeks —…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Mukesh Ambani Resigns As Reliance Jio Director, Son Akash Ambani Appointed Chairman
The baton at India’s most valuable company is passing down to the third generation. Mukesh Ambani has resigned as Director of Reliance Jio….
Unacademy’s Loss Rises 6x To Rs. 1,474 Crore, Vedantu’s Loss Rises 4x To Rs. 604 Crore
India’s top ed-tech companies had been firing employees en masse in recent months, and the reasons for the alacrity in cutting costs is…
Ola Shuts Down Used Car Business Ola Cars & Grocery Service Ola Dash
Ola’s forays into sectors outside of ride hailing aren’t going quite as planned. Ola has decided to shut down its used car business…
Zomato Acquires Blinkit For $568 Million In All-Stock Deal
One of India’s top food delivery companies has officially acquired one its top grocery delivery players. Zomato has acquired Blinkit for $568 million…
EV Fires Will Happen, Says Ola CEO Bhavish Aggarwal After Tata Nexon Catches Fire In Mumbai
Amidst growing cases of electric vehicles catching fire, Ola’s CEO appears to be hinting that these incidents aren’t a bug — they might…
India’s ONDC Platform Working To End “Monopolization” Of Zomato, Swiggy: Report
India’s ambitious ONDC platform isn’t just looking to level the playing field for e-commerce — the food delivery industry appears to be on…
LeadSquared Becomes India’s Latest Unicorn Startup, Now Valued At $1.1 Billion
Tech stocks around the world might be getting pummeled, the crypto markets might be imploding, and there might be a recession on the…
India’s Top Business Leaders Extend Support To Agnipath Scheme
The government’s Agnipath scheme might have led to massive protests, with roads being blocked and property being destroyed, but India’s top business leaders…