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Author: OfficeChai Team

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

Home Services Startup Taskbob Shuts Down

January 19, 2017January 19, 2017 OfficeChai Team

There has been yet another shutdown in the home services space – and this time, it’s a big name. Mumbai-based Taskbob has shuttered…

NPCI Steps In, Asks ICICI To Restore Transfers To Flipkart’s PhonePe

January 19, 2017January 19, 2017 OfficeChai Team

The National Payments Corporation of India has finally spoken out on the spat between ICICI and Flipkart. It has directed ICICI Bank to immediately restore UPI…

Snapdeal Lost Rs. 9 Crore Per Day In 2016

January 18, 2017 OfficeChai Team

Snapdeal might have fallen decisively behind Flipkart and Amazon in India’s e-commerce wars, but it still continues to bleed heavily. Snapdeal’s losses have more…

MDH founder and ceo salary

This Is How Much This Familiar 94-Year-Old Founder And CEO Makes Per Year

January 17, 2017January 18, 2017 OfficeChai Team

While the world of business and VC funded startups may be awash with stories of sky high salaries and packages to the strapping…

Flipkart, ICICI Trade Barbs Over Blocked Transactions On PhonePe

January 17, 2017January 17, 2017 OfficeChai Team

Flipkart and ICICI are at loggerheads. ICICI had blocked transactions to Flipkart’s PhonePe app last Friday. After users had reported that their transactions…

Essilor Buys Ray Ban Parent Company Luxottica For Rs. 1,60,000 Crore

January 16, 2017January 16, 2017 OfficeChai Team

Ray Ban – and several other eyewear brands – have a new home. French lensmaker Essilor International has bought Luxottica Group for $24 billion…

All Three CommonFloor Cofounders Quit Quikr A Year After Being Acquired

January 16, 2017January 16, 2017 OfficeChai Team

CommonFloor’s acquisition of Quikr was one of the biggest deals in the Indian startup space last year. Back then. the CommonFloor founders had…

ICICI Bank Is Blocking UPI Transactions On PhonePe, Alleges Flipkart

January 15, 2017January 16, 2017 OfficeChai Team

No sector has seen as much churn in recent months as the digital payments industry. With the introduction of UPI, and the government’s demonetizaton…

Mark Zuckerberg Is The Only Person Who Can’t Be Blocked On Facebook

January 14, 2017January 14, 2017 OfficeChai Team

Facebook’s given Mark Zuckerberg a lot of things. Thanks to his founding the social networking site, he’s worth Rs. 3,85,000 crore, rubs shoulders…

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