Chennai-Based Payments Unicorn Chargebee Lays Off 142 Employees
If 2021 was the year of creation of startup unicorns — a record 42 startups were minted that year — 2022 is turning…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Byju’s To Not Shut Down Kerala Office Or Fire Employees After State Govt’s Intervention
Hiring and firing decisions are usually made by looking at unit economics, analyzing broad macroeconomic conditions, or studying the funding environment, but in…
BITS Pilani To Let Students Take A Year Off To Build Their Startups
There’s no shortage of examples of entrepreneurs who dropped out of college and built great companies — Microsoft’s Bill Gates, Facebook’s Mark Zuckerberg…
Nykaa Founder Falguni Nayar Loses Rs. 8,300 Crore In 15 Days As Stock Price Plummets
The stock markets giveth, and the stock markets taketh away. Nykaa founder and CEO Falguni Nayar has lost an astonishing $1 billion over…
BoAt Becomes The Latest Indian Startup To Withdraw Its IPO Plans
With listed startups being battered at the stock markets, the ones that were planning to go public seem to be developing cold feet….
Parag Agrawal Gets Fired As Twitter CEO, But Will Receive Rs. 350 Crore As Compensation
The list of Indians leading global tech companies has only seemed to grow larger in recent years, but it’s now shrunk — and…
Reliance Jio Goes Past BNSL To Become India’s Largest Landline Service Operator
Reliance was already India’s largest mobile telecom provider, its largest broadband internet provider, but now it’s now also breached the final frontier in…
Byju’s Shuts Down Kerala Office, Protesting Employees Approach Labour Department
If it’s hard to start a business in India, it’s even harder to wind it down. Kerala’s Labour Minister has said that the…
All Indian Tech Startup Stocks Are Now Trading Below Their IPO Prices
It’s no secret that India’s startup stocks haven’t had the best few months, but now there’s now some sobering evidence to back the…