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Author: OfficeChai Team

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

Oyo-Zo Rooms Term Sheet From 2015 Is Binding, Says Arbitrator, Which Could Entitle Zo Rooms To A 7% Stake In Oyo

March 8, 2021March 12, 2021 OfficeChai Team

The Oyo-Zo Rooms saga continues, nearly five years after Oyo had reportedly acquired Zo Rooms. A court-appointed arbitrator has ruled that Oyo Rooms…

Ola Says It Wants To Become The Tesla Of Low-Cost Electric Vehicles

March 7, 2021March 7, 2021 OfficeChai Team

Ola had started off as a ride-hailing technology platform, but it seems to be moving into a whole new vertical — manufacturing. Ola…

Tata’s Super App Launch Delayed As Company Waits For CCI Nod On BigBasket Deal

March 5, 2021 OfficeChai Team

The Tata Group might’ve paid more than a billion dollars to hasten its entry into the super-app club, but bureaucracy is ensuring it’ll…

Reliance Turns Startup Investor, Becomes Limited Partner In Kalaari Capital’s Fund

March 4, 2021March 4, 2021 OfficeChai Team

Reliance has been aggressively acquiring all manner of startups in the recent past — now it appears to want to involved in growing…

Two Swiggy Delivery Boys Loot Houses In Noida, Had Recced Them During Deliveries

March 3, 2021March 4, 2021 OfficeChai Team

Food ordering apps have brought food right to the doorsteps of their consumers, but they might’ve brought with them some other problems as…

Elon Musk’s Starlink Broadband Service Opens Pre-Orders In India For Rs. 7000

March 2, 2021March 3, 2021 OfficeChai Team

After Tesla had opened an office in India, and said it would set up an R&D center in Bengaluru, yet another Elon Musk…

India’s Ride Hailing Industry Is Back To 63% Of Pre-Covid Levels: Report

March 1, 2021March 1, 2021 OfficeChai Team

Even as India opens up coronavirus vaccinations for its senior citizens, its startups are slowly limping back to normal. India’s ride-hailing industry is…

Bike Rental Startup Bounce Has Laid Off 80% Of Its Employees, Only 70 Employees Remain

February 27, 2021February 27, 2021 OfficeChai Team

Several sectors — most notably food delivery — seem to have recovered from the impact of the coronavirus lockdowns. But for many others,…

Construction Materials Startup Infra.Market Becomes India’s Latest Unicorn After $100 Million Fundraise

February 26, 2021March 4, 2021 OfficeChai Team

The diversity in India’s crop of unicorn startups continues to grow. Infra.Market has become India’s latest unicorn startup following a $100 million Series…

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