Cred Records Losses Of Rs. 360 Crore On Operating Revenues Of Just Rs. 52 Lakh In FY20
It’s now widely accepted that startups need to burn cash in their early days to acquire users, but the amount of cash that’s…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
PayPal To Wind Down Its Domestic Payments Business In India
India’s payments space is choc-a-bloc with international tech names — Google, Amazon and Walmart are all involved in some way or the other….
Online Gaming Platform MPL Valued At $945 Million After Latest Fundraise
India is one step away from getting its second unicorn in the gaming space. Online gaming platform MPL has doubled its valuation to…
Jeff Bezos To Step Down As Amazon CEO After 27 Years At The Helm
One of the greatest runs as CEO in corporate history has come to an end. Amazon founder Jeff Bezos has announced he’ll be…
In Big Win For Amazon, Delhi High Court Orders Status Quo In Reliance-Future Group Deal
The Reliance-Future Group deal had been announced several months ago by both companies, but it appears there might be a slip between the…
Here’s How India’s Startup Founders And Business Leaders Reacted To The Union Budget
The Indian government presented the Union Budget 2021 today, and expectations were high — the budget was the first full budget since the…
India Is Considering Banning Bitcoin, Could Launch Its Own Digital Currency
Bitcoin’s price has doubled in recent months, and entrepreneurs from Jack Dorsey to Elon Musk seem to be fans, but the Indian government…
Microsoft Opens Dreamy, Taj Mahal-Themed Office In Noida
The Taj Mahal has inspired artists and poets for generations, but it also seems to have inspired a trillion-dollar tech company. Microsoft has…
Swiggy’s Losses Rise 61% To Rs. 3,768 Crore In FY20
The food-tech industry had seen order volumes collapse during the coronavirus lockdowns, but even prior to that, the top companies were still losing…