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Author: OfficeChai Team

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

Swiggy Shuts Down Supr Daily In 5 Out Of 6 Cities, Temporarily Suspends Swiggy Genie

May 11, 2022May 11, 2022 OfficeChai Team

Even as Zomato’s stock is getting battered at the stock markets, its chief rival is already appears to be cutting costs to help…

BharatPe Says It Has Initiated Action To Claw Back Ashneer Grover’s Restricted Shares

May 10, 2022May 10, 2022 OfficeChai Team

It might’ve been several weeks since Ashneer Grover was fired from BharatPe, but the company doesn’t seem willing to let the matter rest…

Oyo Rooms Acquires Europe-Based Vacation Rental Startup Direct Booker

May 9, 2022May 9, 2022 OfficeChai Team

Indian startups might be struggling with slashed valuations and concerns over follow-up funding rounds, but they’re still looking to expand their global footprint…

Reliance Becomes First Indian Company To Touch $100 Billion In Annual Revenue

May 8, 2022May 8, 2022 OfficeChai Team

In 2007, Reliance has become the first Indian company to touch a market capitalization of $100 billion. It’s now reached $100 billion on…

Zomato CEO Donates Stock Worth Rs. 700 Crore For Education Of Children Of Delivery Partners

May 6, 2022May 6, 2022 OfficeChai Team

Even as Zomato’s stock is getting battered at the stock markets, its CEO has given away a chunk of it towards the upliftment…

After Unacademy Had Laid Off 1000 Employees, Vedantu Fires 200

May 5, 2022May 5, 2022 OfficeChai Team

While the world appears to be breathing a sigh of relief at the coronavirus pandemic appearing to finally recede into the distance, there’s…

Zomato’s Stock Crashes To New Lifetime Low, Now Trades 15% Below Its IPO Price

May 4, 2022May 4, 2022 OfficeChai Team

The Reserve Bank has increased repo rates for the first time in two years, and India’s startup stocks are feeling the heat. Zomato’s…

Global Investment Firm Invests Rs. 4,500 Crore Into Allen Career Institute

May 3, 2022May 3, 2022 OfficeChai Team

India’s offline coaching companies had been humming along nicely and building solid businesses for themselves for decades, but now they seem to have…

Open Becomes India’s 100th Unicorn Startup, Raises Funds At $1 Billion Valuation

May 2, 2022May 2, 2022 OfficeChai Team

In 2011, InMobi had become India’s first unicorn. Eleven years and many twists and turns later, Open has become its 100th. Neobanking platform…

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