Swiggy’s Losses Rise 6x To Rs. 2,364 crore In FY 19, Revenues Up 2.7x
As Swiggy’s footprint expands over India, its losses are ballooning too. Swiggy saw its losses rise sixfold to Rs. 2,364 crore in the…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Google Recommends That The US Build UPI-Like System For Its Domestic Payments
In the 70 odd years of its history, India has managed to create a handful of truly iconic institutions of international repute —…
Reliance Has Acquired Hyderabad-Based SaaS Startup NowFloats For Rs. 140 Crore
Reliance has been building its digital arsenal in recent months, and it now has another name in its kitty — Hyderabad-based SaaS startup…
Saudi Arabia’s Aramco Starts Trading At 10% Premium, Immediately Becomes World’s Most Valuable Public Company
The world’s biggest IPO has just created the world’s most valuable publicly-traded company. Saudi Arabia’s state-owned oil company Aramco began trading in public…
Former Indigo Boss Aditya Ghosh Left Oyo CEO Post Because Decision To Hire Him Hadn’t Worked Out: Report
Last week, Oyo had announced that it was “elevating” former Indigo President Aditya Ghosh to its board. Aditya Ghosh had joined Oyo in…
Typos In Uber’s Full-Page Ads Leave Twitter Flummoxed
When you buy a front page ad in a national newspaper, you are guaranteed some attention. But this isn’t the sort of attention…
Netflix To Spend Rs. 3000 Crore To Create Content In India, Roughly The Same As 100 Bollywood Movies
Netflix has just revealed its plans for India, and they’re jaw-droppingly big. Netflix CEO Reed Hastings has said that Netflix will spend Rs….
How To Spend Time When You’re Bored At Work
There are days in office when you barely have time to breathe — you’re rushing from meeting to meeting, you’re making presentations, and…
Ikea Earns 400 Crore From Its First Store In 7 Months, Sets Revenue Record
Even as economic indicators seem to be pointing towards an impending slowing in India, one brand appears to have managed to buck the…