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Author: OfficeChai Team

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

Paytm Mall’s Valuation Has Fallen From Rs. 21,000 Crore To Rs. 100 Crore In 3 Years

May 17, 2022May 17, 2022 OfficeChai Team

While wins in high-stakes business moves can often yield some eye-popping results, the failures can be just as dramatic. Paytm Mall’s valuation has…

Adani Group Acquires Ambuja Cements & ACC, Becomes India’s 2nd Largest Cement Maker

May 16, 2022May 16, 2022 OfficeChai Team

While new-age entrepreneurs might be focused on tech startups, web3, and dogecoin, India’s richest man continues to bet big on traditional businesses. The…

Reliance To Acquire “Dozens” Of Consumer Brands In Next 6 Months, Will Take On Unilever, Nestle: Report

May 15, 2022May 15, 2022 OfficeChai Team

Towards the end of the last decade, Reliance had gone on a startup acquisition spree — it had acquired NowFloats, Haptik, Saavn, Embibe…

Swiggy Acquires Restaurant Booking Platform Dineout In Estimated $200 Million Deal

May 13, 2022May 13, 2022 OfficeChai Team

Swiggy has finally followed Zomato into the physical dining space. Swiggy has announced that it is acquiring Times Internet-owned Dineout. While the terms…

Ola Electric’s CTO And CMO Have Quit Within Days Of Each Other

May 12, 2022May 12, 2022 OfficeChai Team

Even as customer complaints mount over Ola’s much-hyped scooter, its management team seems to be making a beeline for the exit. Ola Electric’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…

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