Insurance Startup Acko Becomes India’s Latest Unicorn, Now Valued At $1.1 Billion
2021 has been a heady year for India’s startup ecosystem, and it continues to churn out unicorns with metronomic regularity. Insurance startup Acko…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
IPO Was Desperate Contingency Plan, Had 6 Months Of Cash Left In Bank: Zomato CEO
Zomato’s IPO has been seen as one of the biggest successes of India’s startup ecosystem — the startup became India’s first unicorn to…
Groww’s Valuation Rises 12x In A Year, Now Valued At $3 Billion
This year, as many as 30 Indian startups have entered the unicorn club — their valuations had surged to touch the $1 billion…
Reliance Jio Beats Airtel To Become India’s 2nd Largest Broadband Provider
Reliance Jio had quickly climbed to the top of the list of India’s largest telecom providers. It’s now making rapid strides up the…
Paytm Trolls PhonePe After It Starts Charging Processing Fees On Phone Recharges
India’s payments space is now several years old, but the rivalries among the top players seem to be as fierce as ever. Paytm…
Beauty Brand MyGlamm Acquires ScoopWhoop In All-Cash Deal
What was once one of India’s hottest content startups will now be used as a distribution channel for a beauty products brand. Beauty…
Reliance Acquires Large Stakes In Businesses Of Fashion Designers Ritu Kumar & Manish Malhotra
Reliance has, over the course of two days, partnered with two of India’s most prominent fashion designers. Reliance has acquired large stakes in…
CRED’s Valuation Doubles In 6 Months, Now Valued At $4 Billion
Credit card payment app Cred might have no shortage of critics, but its valuation keeps chugging merrily along. Cred is now valued at…
DMart CEO Ignatius Noronha Becomes A Billionaire After Rise In DMart Stock
It’s widely thought that the fastest way to become a billionaire is to be the founder of a successful business, but it turns…