PharmEasy To Raise Funds At 90% Lower Valuation To Pay Off Loans: Report
India’s unicorn train has not only ground to a standstill — the country has produced no new unicorns in the last eight months…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
The Byju Family Has Sold Rs. 3000 Crore Of Byju’s Shares Since 2015: Report
Byju’s might be currently on the radar of investigative agencies, laying off thousands of employees, and seeing its valuation slashed by investors, but…
Reliance Launches “Cheapest” Internet-enabled JioBharat Phone For Rs. 999
Reliance Jio has already transformed India’s telecom sector at the top of the pyramid, but it still appears to be working to make…
VCs And Founders Equally To Blame For Startup Scams: Zerodha CEO Nithin Kamath
Several Indian founders have been pilloried on social media for the scams that were unearthed at their companies, but the CEO of one…
Big Basket’s Revenue Rises By 5%, But Loss Rises By 89% To Rs. 1,535 Crore
A bevy of new companies have descended on the hyperlocal delivery space in the last few years, but the oldest player in the…
Zomato Has Zoomed Ahead Of Swiggy In The Food Ordering Race
Food ordering in India is widely thought to be a duopoly, but there are movements within this duopoly all the same. Zomato has…
Elon Musk, Mark Zuckerberg Appear To Be Both Practicing For Their Cage Match
In times of yore, individuals who couldn’t settle their disputes amicably often challenged each other to a duel, in which they’d fight it…
Swiggy’s Food Delivery Revenue Grows By 26%, But Losses Rise 80%
Swiggy was already India’s highest-loss making startup, and it appears that it could continue to hold the top spot for a while longer….
Byju’s Hasn’t Been Regularly Depositing Employee PF Payments With Govt: Report
The list of Byjus’ woes keeps getting longer and longer. After having three of its board members and its statutory auditor resign last…