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Author: OfficeChai Team

Dotting the i's, crossing the t's.

Delhivery Becomes Profitable For First Time, Reports Rs. 12 Crore Profit In Dec Quarter

February 3, 2024February 3, 2024 OfficeChai Team

Indian startups have had a rough time at the stock markets, but many of them seem to now be turning a corner. Delhivery…

Paytm Bank Had Over 1000 Users With Same PAN, RBI Had Alerted ED About Money Laundering

February 3, 2024February 6, 2024 OfficeChai Team

The restrictions placed on Paytm Payments Bank by the RBI have stunned its users, investors, and the broader stock markets, but it appears…

Byjus’ American Unit Files For Bankruptcy Amid Fund Crunch

February 2, 2024February 2, 2024 OfficeChai Team

The Byju’s story appears to be unravelling in India, and its foreign entities aren’t faring much better. Byjus’ American arm has filed for…

Zoho Reports Record Profit Of Rs. 2,836 Crore In FY23

February 2, 2024February 2, 2024 OfficeChai Team

Even as India’s startup ecosystem battles valuation markdowns and layoffs, one of its legacy profitable names continues to chug along as usual. Zoho…

Byju’s Investors Call EGM To Remove Founder Byju Raveendran, Change Board

February 1, 2024February 1, 2024 OfficeChai Team

Even as Byju’s is staring at brink after a 99% drop in valuation, a coup might be afoot at the beleaguered ed-tech company….

RBI Stops Deposits In Paytm Payments Bank Over “Persistent Non-Compliances”

January 31, 2024January 31, 2024 OfficeChai Team

Paytm Payments Bank has had a rough few years trying to keep up with RBI’s compliance norms, and things now seem to have…

PolicyBazaar Turns Profitable, Reports Rs. 37 Crore Profit In Dec Quarter

January 31, 2024January 31, 2024 OfficeChai Team

Many of India’s listed unicorns have had a rough time since being listed, but they seem to be slowly finding their way around…

Be Shameless While Asking Famous People To Be Your Mentors: Airbnb’s Brian Chesky

January 30, 2024January 30, 2024 OfficeChai Team

It can be quite intimidating to approach someone important and ask them to mentor you, but Airbnb founder Brian Chesky says that one…

IIT Madras Alumnus Sunil Wadhwani Donates Rs. 110 Crore To Institute

January 30, 2024January 31, 2024 OfficeChai Team

Indian colleges continue to benefit from the largesse of their successful alumni. IIT Madras alumnus Sunil Wadhwani has donated Rs. 110 crore to…

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