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Author: OfficeChai Team

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

Indian Startups Raised More Money Than Indian IPOs This Year

December 26, 2018 OfficeChai Team

For years, Indian startups were thought to be the poorer cousins of listed companies — IPOs were tracked by business papers, breathlessly discussed…

Flipkart To Launch A Video Streaming Service In Two Years: CEO Kalyan Krishnamurthy

December 25, 2018 OfficeChai Team

Flipkart is now officially looking to plug the biggest hole in its portfolio, and become a more comprehensive match to arch-rival Amazon India. Flipkart is…

Sachin Bansal Launches New Venture BAC Acquisitions To Invest In Early-stage Startups

December 24, 2018 OfficeChai Team

India’s most anticipated startup investor has officially entered the game. Sachin Bansal, who’d earned an estimated Rs. 7,000 crore after Flipkart was acquired…

Reliance Has Just Acquired A 5.5% Stake In A Blockchain Startup For Rs. 35 Crore

December 23, 2018December 23, 2018 OfficeChai Team

Reliance might have started off as a polyester trading business in the 60s, but it sure is keeping with the times. RIL has…

After Founder Lost $10 Billion Gambling In A Casino, Gionee Officially Files For Bankruptcy

December 21, 2018December 28, 2020 OfficeChai Team

There are many ways that companies go bankrupt, but this might be more bizarre than most. Chinese mobile phone manufacturer Gionee, which also…

After Entrepreneurs Complain On Social Media, Govt. Decides It’ll Look Into Controversial Angel Tax

December 19, 2018 OfficeChai Team

India’s startup community might not be the biggest in the world, but if it speaks together it can get its voice heard. The…

Ola Has Just Invested Rs. 700 Crore Into Bangalore-based Scooter Rental Startup Vogo

December 18, 2018 OfficeChai Team

Ola’s just taken a big step towards diversifying its mobility portfolio. Ola today announced that it had invested $100 million (Rs. 700 crore)…

Byju’s Founders Are Now Worth Rs. 9,300 Crore After Latest Fundraise

December 17, 2018 OfficeChai Team

For someone who’d started off coaching students for the CAT, Byju Raveendran sure has come a long way. The founders of Byju’s —…

Mastercard Agrees To Indian Government’s Directives, Will Delete Indian Data From Foreign Servers

December 16, 2018 OfficeChai Team

The Indian government’s stand on data protection policies are finally being heard by multinational giants. Mastercard has proposed a date to the RBI…

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