Meesho Becomes India’s Latest Unicorn, Raises Funds At $2.1 Billion Valuation
It’s raining startup unicorns in India. Online marketplace Meesho has become the fifth Indian startup to join the unicorn club this year. Meesho…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Indian Broadband Forum Writes To TRAI About Elon Musk’s Starlink Internet, Seeks To Block Its Launch
Elon Musk’s ambitious Starlink broadband service has hit a roadblock in India, even before it’s become operational. Broadband India Forum (BIF), a think…
New ATMs Allow Withdrawal Of Cash Through UPI Apps, No Cards Needed
Debit cards and credit cards had already seen UPI zoom ahead in terms of payments, and their last bastion seems about to fall…
India Freezes TikTok’s Bank Accounts For Alleged Tax Evasion, Company Says It’s Finding It Hard To Pay Salaries
When TikTok had been first banned in India in June last year, the company had tried to put up a brave face, hinting…
Amazon Acquires Retail Tech Startup Perpule For Rs. 108 Crore
The world’s biggest e-commerce company has shown that it isn’t averse to purchasing niche Indian tech players to quickly grow its offline presence….
Personal Data Of 10 Crore Mobikwik Users Allegedly Leaked In What’s Claimed To Be India’s Biggest Hack
Even as the number of Indians that have come online has skyrocketed in recent years, so have the associated risks. Mobikwik has allegedly…
Byju’s Raises $460 Million, Now Valued At Over $13 Billion
Byju’s seems to be fast closing in on the spot of India’s highest-valued startup. Byju’s has raised $460 million (Rs. 3,328 crore) as…
Five Star Finance Becomes India’s Latest Unicorn, Now Valued At $1.4 Billion
India’s unicorn glut from 2020 seems to be extending well into 2021. Chennai-based non-banking lender Five Star Business Finance has raised $234 million…
NPCI Caps UPI Transactions To 30% For Any Single App, PhonePe & GPay Could Soon Stop Onboarding New Users
The National Payments Corporation of India has provided greater detail into how it plans to make sure that no single entity can have…