Paytm Wants To Convert Its Payments Bank Into A Small Finance Bank
India’s payments banks have had a torrid time thus far — after the RBI had given in-principle approval to 11 entities to set…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Reliance Jio Has Said That It’s Raising Tariffs By Up To 40 Percent From 6th December
Indians have been having the longest free lunch in recent memory, but it’s coming to an end. Reliance Jio has said that it’s…
Reliance Becomes First Indian Company To Be Valued At Rs. 10 Lakh Crore, Mukesh Ambani Becomes 9th Richest Man In The World
It’s been a good couple of months for Reliance and its Chairman Mukesh Ambani. Reliance has just become the first Indian company to…
Ola To Layoff Around 350 Employees As It Trims Its Staff Size By 5-8 Percent: Report
For the last decade, Indian unicorns have been growing at breakneck speed. Now some are moving in reverse. Ola is trimming its staff…
Govt Could Cap Uber And Ola’s Fee For Rides At 10%, Half Of Current Fees
In India, Uber and Ola have been battling finicky customers, taxi unions, inhospitable roads, and each other, but they might receive a serious…
A Day After Uber Loses License In London, Ola Starts Onboarding Drivers In The City
Uber and Ola have been battling it out in India over the last several years, but their battles are now going international. A…
Oyo’s Annual Losses Rise Sixfold To Rs. 2,385 Crore
Oyo might be expanding into different geographies and different verticals, but the growth isn’t coming cheap. Oyo has registered a loss of Rs. 2,385…
Paytm Has Raised $1 Billion At A Valuation Of $16 Billion
Paytm has further cemented its place as India’s most valuable startup. Paytm has raised $1 billion (Rs. 7000 crore) in its Series G…
Targeting To Generate 30% Of Revenues From Beyond Food Delivery In 2 Years: Swiggy CEO Sriharsha Majety
Swiggy might have become synonymous with food delivery — “Swiggy it” has entered the vocabulary of some Indians as a way of ordering…