After Founder Lost $10 Billion Gambling In A Casino, Gionee Officially Files For Bankruptcy
There are many ways that companies go bankrupt, but this might be more bizarre than most. Chinese mobile phone manufacturer Gionee, which also…
Author: OfficeChai Team
Dotting the i's, crossing the t's.
After Entrepreneurs Complain On Social Media, Govt. Decides It’ll Look Into Controversial Angel Tax
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
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
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
The Indian government’s stand on data protection policies are finally being heard by multinational giants. Mastercard has proposed a date to the RBI…
Patanjali Could Soon Announce Its IPO, Hints Baba Ramdev
One of India’s biggest corporate success stories recent years could soon reach its logical conclusion. Baba Ramdev has hinted that he might soon…
Paytm Payments Bank Has Rs. 10.7 Crore Of Deposits, But Reports Rs. 20 Crore Loss In 2018
Paytm’s launched products in several different areas and several different verticals, but not all of them have been equally successful. Paytm Payments Bank,…
As Google Shopping Launches In India, Flipkart And Amazon Have A Brand New Competitor
After Amazon and Walmart, yet another global multinational giant has thrown its hat into India’s e-commerce ring. After months of speculation, Google has…
Reliance To Use 5,100 Jio Stores As Last Mile Connectivity Points For Its E-Commerce Venture
When Mukesh Ambani had given away free data plans for plans and splurged Rs. 1,34,000 crore into launching Reliance Jio, critics had scoffed. They’d…