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Author: OfficeChai Team

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Here’s How Much Money Sequoia And Lightspeed Have Made From Ritesh Agarwal’s Buyback Of Oyo’s Shares

July 23, 2019July 23, 2019 OfficeChai Team

There have been all sorts of reactions to Ritesh Agarwal’s $2 billion buyback of Oyo’s shares — while he’s been feted by India’s…

India’s Equity Investors Can’t Wrap Their Heads Around Oyo CEO Ritesh Agarwal’s $2 Billion Share Buyback

July 22, 2019 OfficeChai Team

Ritesh Agarwal is currently the toast of India’s startup ecosystem. After having bought back shares worth $2 billion into his startup Oyo Rooms,…

5 Industries That Are Booming Because Of India’s Rock-Bottom Mobile Data Prices

July 22, 2019December 10, 2020 OfficeChai Team

The year was 2017, and Reliance CEO Mukesh Ambani had taken the stage at his company’s annual investor meeting. His speech lasted all of…

Oyo Rooms Doubles Valuation To $10 Billion After Ritesh Agarwal Buys Back Shares

July 20, 2019 OfficeChai Team

For a company that wasn’t even worth $1 billion until 10 months ago, the journey to becoming India’s most valuable startup has been…

ShopClues Fires Half Its Workforce, Has Only 200 Employees Left

July 19, 2019 OfficeChai Team

There was a time when attaining the unicorn tag meant a startup had “made it” — it meant easier access to funds, customers and new employees,…

Amazon Has Launched An IIT JEE Coaching App In India Called JEE Ready

July 18, 2019 OfficeChai Team

It’s no secret that e-commerce companies in India have been expanding horizontally outside their primary businesses — Flipkart now does flight tickets, and Paytm…

Yatra Acquired For Rs. 2,300 Crore By Atlanta-based Ebix

July 17, 2019 OfficeChai Team

From being founded in 2006, to be acquired and taken public in 2016, to being acquired once again, Yatra has had quite the…

Tata Sky Is Rolling Out Its Own Unlimited Broadband Services, Possibly To Counter JioGigaFiber

July 16, 2019July 16, 2019 OfficeChai Team

India’s DTH players realize their their business models could be disrupted by the upcoming launch of Reliance JioGigaFiber, but they aren’t going to go down…

Less Two Weeks After Its Announcement, TV Show On Startups Makes Debut On Doordarshan

July 15, 2019 OfficeChai Team

  Startups have become increasingly  popular in India over the last few years, and the media has had a part to play —…

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