Wipro’s CFO Joins Cognizant, Company Seeks Rs. 25 Crore In Damages
Companies might not always strictly enforce non-compete agreements for rank-and-file employees, but things get serious when C-suite executives are involved. Wipro has demanded…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Reliance Jio Partners With IIT Bombay To Launch ChatGPT Rival BharatGPT
India might not have yet created any indigenous LLMs of note, but its largest company is now on the case. Reliance Jio is…
Startup And Business Outlets Vandalized By Pro-Kannada Protestors In Bengaluru
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
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
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
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
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
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
India’s startup ecosystem is several quarters into the funding winter, but well established names are still continuing to jettison staff in large numbers….