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Author: OfficeChai Team

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

Oyo Rooms Says It’s Now The Biggest Hospitality Tech Platform In Indonesia

February 18, 2023February 18, 2023 OfficeChai Team

Oyo might have delayed its plans to go public in India, but it’s still continuing to grow rapidly on foreign shores. Oyo Rooms…

Indian-American Neel Mohan Appointed CEO Of YouTube

February 17, 2023February 17, 2023 OfficeChai Team

The list of Indian-origin CEOs at global continues is already substantial, and it continues to swell. Indian-American Neel Mohan has been appointed the…

Reliance Launches Beauty Platform Tira To Take On Nykaa, Purplle

February 16, 2023February 16, 2023 OfficeChai Team

Reliance is already India’s largest offline retailer, and has a thriving e-commerce platform in JioMart, but it is now looking at vertical-specific e-commerce…

Air India Orders 470 Planes In Largest Order In Commercial Aviation History

February 15, 2023February 15, 2023 OfficeChai Team

Air India might’ve had a storied history as India’s national carrier, but it appears to be entering a whole new league in its…

Nykaa’s Profit Declines 68% From Rs. 29 Crore To Rs. 9 Crore

February 13, 2023February 13, 2023 OfficeChai Team

In 2023, most of India’s loss-making startups are seeing their losses widen, and even the handful of profit-making ones are seeing their profits…

Info Edge Values Rahul Yadav’s New Startup At Zero After Investing Rs. 276 Crore In It Last Year

February 10, 2023February 10, 2023 OfficeChai Team

The poster boy of India’s first startup cycle — who ended up being unceremoniously fired from his own company — isn’t having a…

Zomato Gets Trolled For Its “Adjusted” Metrics After Releasing Quarterly Results

February 10, 2023February 10, 2023 OfficeChai Team

Startups might be getting creative in how they represent their financial data, but India’s netizens aren’t particularly impressed. Zomato has been trolled on…

Zomato’s Revenue Rises 75% In December Quarter, But Losses Rise 450%

February 9, 2023February 9, 2023 OfficeChai Team

Zomato has been making losses for 15 straight years since it was founded, and they show no signs of slowing down. Zomato has…

Paytm’s Share Zooms 30% In 2 Days After It Narrows Losses To Rs. 392 Crore

February 8, 2023February 8, 2023 OfficeChai Team

After several quarters, Paytm appears to have given its investors something to cheer about — and the stock markets are responding. Battered tech…

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