A Record 6 Indian Companies Have Registered Profits Of Rs. 10,000 Crore This Quarter
The global markets might be in turmoil, the biggest names in tech might be laying off thousands of workers, and fears of a…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Social, Mocha & Smoke House Deli Parent Company Raises Rs. 550 Crore To Expand Restaurant Chains
As the coronavirus pandemic recedes into the distance, the sectors which it had impacted the most seem to be roaring back to life….
Indian Startup Agnikul Successfully Tests World’s First 3D-Printed Single-Piece Rocket Engine
Even as one Indian space-tech startup is readying to send the country’s first private rocket into space, another has notched a world-first to…
Lenskart Slips Back Into Losses After Being Profitable For 2 Years, Posts Rs. 102 Crore Loss
India’s short list of unicorn startups that actually make money has gotten even shorter. Eyewear company Lenskart, which had been reporting profits for…
Meta Has Laid Off 11,000 Employees In Its First Job Cuts In 18 Years
The tech sector has given the world some of its biggest companies — Apple, Alphabet, Microsoft and Meta are collectively worth trillions of…
Space Startup Skyroot To Launch India’s First Private Rocket Into Space This Month
Even as Elon Musk has been focusing his energies on Twitter over the last few months, an Indian startup is quietly looking to…
Unacademy Terminates 350 Employees In Fresh Round Of Layoffs
If 2021 was the year of the creation of startup unicorns, 2022 is turning out to be the year of startup layoffs. Unacademy…
Reliance To Acquire German Retailer Metro Cash & Carry’s India Biz For Rs. 4,060 Crore
Reliance is already India’s largest customer-facing retailer, and it’s now looking to grow its presence in the B2B retail segment with a big…
Bangalore-Based E-Commerce Unicorn Udaan Lays Off 350 Employees
The startup layoffs in India had started off with a trickle in 2022, but they’re now threatening to turn into a deluge. B2B…