Byjus’ American Unit Files For Bankruptcy Amid Fund Crunch
The Byju’s story appears to be unravelling in India, and its foreign entities aren’t faring much better. Byjus’ American arm has filed for…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Zoho Reports Record Profit Of Rs. 2,836 Crore In FY23
Even as India’s startup ecosystem battles valuation markdowns and layoffs, one of its legacy profitable names continues to chug along as usual. Zoho…
Byju’s Investors Call EGM To Remove Founder Byju Raveendran, Change Board
Even as Byju’s is staring at brink after a 99% drop in valuation, a coup might be afoot at the beleaguered ed-tech company….
RBI Stops Deposits In Paytm Payments Bank Over “Persistent Non-Compliances”
Paytm Payments Bank has had a rough few years trying to keep up with RBI’s compliance norms, and things now seem to have…
PolicyBazaar Turns Profitable, Reports Rs. 37 Crore Profit In Dec Quarter
Many of India’s listed unicorns have had a rough time since being listed, but they seem to be slowly finding their way around…
Be Shameless While Asking Famous People To Be Your Mentors: Airbnb’s Brian Chesky
It can be quite intimidating to approach someone important and ask them to mentor you, but Airbnb founder Brian Chesky says that one…
IIT Madras Alumnus Sunil Wadhwani Donates Rs. 110 Crore To Institute
Indian colleges continue to benefit from the largesse of their successful alumni. IIT Madras alumnus Sunil Wadhwani has donated Rs. 110 crore to…
Byju’s Launches Rights Issue To Raise Funds At $225M Valuation, 99% Below Peak
Byju’s, which was once India’s most valuable startup with a valuation of $22 billion, is now worth essentially nothing. Byju’s board has approved…
How Narayana Murthy Went From Being A Leftist to A Capitalist
Narayana Murthy might currently be advocating for hard work with 70-hour work weeks, but in his own youth, he too was a bleeding…