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Author: OfficeChai Team

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

Flipkart Employees Receive Rs. 5,600 Crore In Bank Accounts In Massive ESOP Buyback

July 14, 2023July 14, 2023 OfficeChai Team

Flipkart has already turned founders Sachin Bansal and Binny Bansal into billionaires, but it’s still creating wealth for the company’s rank and file…

shopify meeting cost calculator

Shopify Now Shows Employees The Cost Of Each Meeting To Discourage Useless Meetings

July 13, 2023July 13, 2023 OfficeChai Team

Most corporate employees already know that most meetings on their calendar aren’t very useful, but a company has gone to great lengths to…

rameshwaram cafe story

From A Roadside Cart To A Viral Sensation: The Story Of Rameshwaram Cafe

July 12, 2023July 12, 2023 OfficeChai Team

Over the last few months, the internet has been abuzz with mentions of Bangalore’s Rameshwaram Cafe. People have marveled at its food, and…

dukaan ceo suumit shah ai tweet criticism

Dukaan CEO Criticized After Bragging About AI Chatbot That Laid Off 90% Support Staff

July 11, 2023July 11, 2023 OfficeChai Team

There has been no shortage of layoffs in the Indian startup ecosystem, and founders have typically announced them while expressing regret, thanking the…

dunzo

Dunzo Pays Only 50% Salary To Employees Amid Fund Crunch

July 10, 2023July 10, 2023 OfficeChai Team

Thus far, the startup winter had manifested itself through layoffs and firings, but now employees who remained on rolls are being impacted too….

narayan murthy young

How Narayan Murthy Had To Make 50 Delhi Trips Across 3 Years To Import One Computer

July 9, 2023July 9, 2023 OfficeChai Team

The Indian startup ecosystem isn’t’ having the best time of late — it’s battling layoffs, slashed valuations, and multiple allegations of fraud. Founders…

mohit bhatnagar jail startup founders

Startup Founders Who Cross Corporate Governance Lines Should Be In Jail: Sequoia’s Mohit Bhatnagar

July 7, 2023July 11, 2023 OfficeChai Team

Sequoia has been burnt several times over the last few years with its founders playing fast and loose with corporate governance, and it…

pharmeasy founders

After Raising ₹12,800 Cr From Investors Over 8 Years, PharmEasy Is Now Likely Worth Just ₹4,800 Cr

July 6, 2023July 6, 2023 OfficeChai Team

When startup investments do well, they can turn VCs and entrepreneurs fabulously wealthy. But when they don’t, the results aren’t particularly pretty. PharmEasy…

PharmEasy To Raise Funds At 90% Lower Valuation To Pay Off Loans: Report

July 5, 2023July 5, 2023 OfficeChai Team

India’s unicorn train has not only ground to a standstill — the country has produced no new unicorns in the last eight months…

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