As Zomato Shares Crash, Here’s How Rakesh Jhunjhunwala Had Predicted Their Fall In 2021
Zomato’s shares have crashed nearly 25% in the last two days, the stock has destroyed over Rs. 70,000 crore of investor wealth, and…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Zomato Shares Crash 12%, Company’s Market Cap Falls Below Last Private Valuation
Anniversaries are usually a time for celebration, but the first anniversary of Zomato’s listing on the stock markets has brought little cheer for…
Burger Singh Raises Rs. 30 Crore, To Open 120 Outlets In Six Months
While India’s tech startups might be struggling amidst a funding winter through lowered valuations and layoffs, their non-tech counterparts seem to be doing…
Paytm Looks To Exit As BCCI Sponsor, Byju’s Owes The BCCI Rs. 86 Crore: Reports
Indian startups had been one of the most enthusiastic sponsors of cricket tournaments over the years, but as the funding winter has set…
Google, Facebook Pause Hiring, Microsoft Lays Off 1% Of Its Workforce As Recession Fears Loom
Fears of an upcoming recession had thus far been impacting startups — prominent VCs had made dire predictions about a slowdown, and many…
TCS To Focus On Tier 2 Cities, Build 8 New Offices For 10,000 Employees Each
The coronavirus pandemic might’ve made some companies go fully remote, and caused others to question the need for offices, but India’s largest IT…
Chennai-Based Real Estate Portal Findbhk.com Connects Buyers, Renters And Sellers
FIndbhk.com , the Chennai based real estate portal for buying and renting in Chennai enables direct sellers ( builders and owners ) to…
Aditya Birla Group Enters B2B E-Commerce Space For Building Materials, Will Invest Rs. 2,000 Crore
It’s not just hotshot startups that are building e-commerce solutions for buying and selling construction materials — one of India’s oldest business houses…
Blinkit To Shut Down Many Backend Warehouses To Merge With Zomato’s Hyperpure: Report
Zomato’s acquisition of Blinkit was thought to unlock synergies between the two companies’ delivery fleets, but it appears that the companies will also…