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…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
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…
Urban Ladder Bucks Trend, Posts Profit Of Rs. 49 Crore
India’s startup scene traditionally celebrates unicorns, which are startups that are valued at more than a billion dollars. They were so named because…
Paytm Is Integrating Twitter Into Its App To Drive Engagement
Paytm has tried several approaches to get people to open its app more often. Two years ago, it had introduced Paytm Inbox, which…
One Out Of Every Three COD E-Commerce Orders In India Remains Undelivered: Study
E-commerce companies in India are deep in the red, and experts attribute this to several reasons. Some say that these companies are losing…