Byju’s Launches Rights Issue To Raise Funds At $225M Valuation, 99% Below Peak
Byju’s, which was once India’s most valuable startup with a valuation of $22 billion, is now worth essentially nothing. Byju’s board has approved…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
How Narayana Murthy Went From Being A Leftist to A Capitalist
Narayana Murthy might currently be advocating for hard work with 70-hour work weeks, but in his own youth, he too was a bleeding…
Bhavish Aggarwal’s Krtutrim AI Becomes India’s Fastest Unicorn With $50 Million Fundraise
The last few quarters have seen the Indian startup ecosystem go through a fair bit of strife with large-scale layoffs and valuation markdowns,…
Zoho Is Building A Campus In Tirunelveli In Small-Town Tamil Nadu
Most Indian startups and companies gravitate towards the big metros to set up their offices, but an Indian company is trying out a…
Swiggy To Fire 400 Employees Over Next Few Weeks To Cut Costs
The funding winter of the last two years appears to be firmly in place in 2024 as well. Swiggy is set to fire…
Cult.Fit Lays Off 150 Employees As Part Of A Cost Cutting Exercise
The last two years have been bleak for India’s startup ecosystem, and there seems to be no sun on the horizon even at…
How Corporate India Celebrated The Historic Construction Of The Ram Mandir
The inauguration of the Ram Mandir is perhaps the most consequential event in the history of independent India — the rebuilding of the…
Tech CEO Dies After Stunt At Company Party Goes Awry In Hyderabad
In a tragic incident, a 56-year-old tech CEO has died after falling 20 feet during a stunt at his company’s silver jubilee celebrations…
Why Jeff Bezos Said Amazon Is The Best Place In The World To Fail
Most companies want them and their employees to succeed, and go to great lengths to makes sure it happens, but one of the…