After Deploying Boats In Response To A Twitter Trend In 2015, Ola To Pilot A Real Water Taxi Service
In November 2015, Ola had carried out a pretty remarkable display of corporate social responsibility. Chennai was being ravaged by the worst rains…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
Binny Bansal Sells Flipkart Shares Worth Rs. 200 Crore, Personal Stake Goes Down From 7.6 To 5.2%
Binny Bansal is cashing in on his Flipkart fortune. The Flipkart founder sold $30-$35 million (Rs. 200 crore) worth of Flipkart shares during…
40 Years After It Was Launched In India, Thums Up To Be Introduced In Foreign Markets
From being a drink that was born out of India’s protectionist policies in the 1970s, Thums up has come a long way. Thums…
Flipkart Lost Rs. 24 Crore Per Day In 2017
Flipkart might’ve raised a lot of money in 2017, but it also lost a lot. Flipkart’s losses ballooned to Rs. 8,771 crore in…
Bitcoin Is Currently Crashing
Bitcoin enthusiasts are no stranger to crashes, but the cryptocurrency is currently in the midst of one of its most dramatic falls yet….
The Softbank-Alibaba Invasion: The Two Companies That Are Eating Up India’s Startup Ecosystem
India’s startup ecosystem is diverse — it is home to thousands of companies, employs millions of people, and services India’s billion-plus population. But in spite…
Alibaba Has Just Invested Rs. 1,250 Crore In BigBasket
Alibaba’s betting on India, and it’s betting big. The very same day it emerged that it had put $200 million into Zomato, Alibaba has…
Breaking: Alibaba Has Just Invested Rs. 1,300 Crore Into Zomato
Zomato had a stellar 2017, and 2018 has brought with it a significant new investor. Ant Financial, Alibaba’s fintech subsidiary, will invest $200…
India’s E-commerce Momentum Fizzles Out, Growth Falls 26% In 2017
India’s much-hyped e-commerce story is already showing signs of fizzling out. Growth in online retail in the country has fallen for the second consecutive…