Paytm Is Now Worth Less Than The Funding It Had Raised When It Was A Startup
Paytm has had a terrible run since its IPO a year ago, but it’s still hard to appreciate how disastrous its tenure as…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Paytm’s Stock Crashes 11% In Trade, Creates New Record Low
They say there’s light at the end of the tunnel, but the tunnel for Paytm investors seems to be interminably long — and…
95% Of Indian Startups Will Not Be Able To Grow Into Their High Valuations: Flipkart CEO
India had produced a record 43 unicorns in 2021, but one of the biggest voices in the Indian tech ecosystem says that most…
After 3 High-Level Exits In A Month, Zomato To Lay Off 3% Of Its Workforce
Global tech companies have been laying off employees for a while — Meta, Amazon, Twitter and Cisco have all terminated thousands of workers…
Startup Skyroot Successfully Launches India’s First Private Rocket Into Space
Today was a small launch for a rocket, but a giant leap for India’s space program. Hyderabad-based startup Skyroot Aerospace has successfully launched…
Paytm’s Shares Tumble 10% After Softbank Offloads $200 Million Stake
Paytm’s stock has had a torrid time at the bourses since it was listed in November last year, and as its one-year lock…
How Bikaji Split From Haldiram’s And Created A $1 Billion Company For Itself
Bikaji Foods International went pubic today, and the stock was lapped up by the markets — the company’s shares rose 6% on opening…
A Record 6 Indian Companies Have Registered Profits Of Rs. 10,000 Crore This Quarter
The global markets might be in turmoil, the biggest names in tech might be laying off thousands of workers, and fears of a…
Social, Mocha & Smoke House Deli Parent Company Raises Rs. 550 Crore To Expand Restaurant Chains
As the coronavirus pandemic recedes into the distance, the sectors which it had impacted the most seem to be roaring back to life….