Nykaa Falls 7.5% After Profit Halves Year-On-Year, Zomato Falls 6% After Growth Slows
The quarterly results of two of India’s most prominent tech stocks haven’t brought about cheer for the already-battered sector. Nykaa and Zomato have…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Logistics Firm XpressBees Becomes India’s Latest Unicorn Startup After $300 Million Investment
2021 had been a record year for the Indian startup ecosystem, and had seen an astonishing 43 unicorns being created. We aren’t even…
Home Interiors Startup Livspace Becomes India’s Latest Unicorn After $180 Million Fundraise
Indian startups continue to make inroads into areas that were previously untouched by technology. Home interiors startup Livspace has become India’s latest unicorn…
Kirana-Tech Startup ElasticRun Becomes India’s Latest Unicorn, Now Valued At $1.5 Billion
There’s plenty of buzz around India’s e-commerce space, but companies that are helping modernize traditional kirana stores seem to be unlocking some serious…
Macquarie Cuts Paytm’s Share Price Target To Rs. 700 Following Latest Results
The brokerage house that’s been the most bearish — and the most accurate — about Paytm’s stock has signaled that there could be…
Paytm’s Revenue Rises 34%, But Losses Rise 64% In December Quarter
Paytm’s stock has been pummeled at the stock markets over the last couple of months, and its latest results show that the company…
BharatPe’s Investigation Finds Recruitment Fraud And Fake Invoices Related To Ashneer Grover
A story which had begun with a viral foul-mouthed video appears to have turned a lot more serious. The BharatPe Board has found…
Facebook’s Shares Crash 20% After Company Reports Fall In Active Users For First Time In 18 Years
As Facebook enters adulthood, its incredible growth streak — which lasted 18 long years — appears to have also come to an end….
Google To Open An Office In Pune By The Second Half Of 2022
Google already has three sprawling offices in India, and it’s set to open another. Google has said that it is opening a new…