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Category: Startups

Byju’s Lays Off Another 1000 Employees As Ed-tech Rout Deepens

February 2, 2023February 2, 2023 OfficeChai Team

2022 had been annus horribilis for India’s ed-tech space, but the pain seems to be continuing well into 2023. Byju’s has fired 1,000…

Here’s How India’s Startup Community Reacted To Budget 2023

February 1, 2023February 1, 2023 OfficeChai Team

The Budget is one of the most awaited events in the startup calendar — policies that the government formulates can change the trajectory…

Zerodha Made Rs. 70 Crore Of Profit Per Engineer In FY22

January 31, 2023January 31, 2023 OfficeChai Team

Zerodha isn’t just unique for being one of the handful of profitable tech startups in India — it’s even more unique in how…

Manu Kumar Jain Quits Xiaomi After 9 Year Stint, Hints At Launching Startup

January 30, 2023January 30, 2023 OfficeChai Team

Chinese phonemaker Xiaomi has lost one of its most recognizable faces in India. Former Xiaomi India head Manu Kumar Jain has quit the…

Zoho Registers Profit Of Rs. 2,749 Crore In FY22, Highest Ever For An Indian Internet Firm

January 28, 2023January 28, 2023 OfficeChai Team

Even as India’s VC-funded loss-making startups are having to lay off employees to survive the funding winter, the country’s bootstrapped champions seem to…

E-Commerce Unicorn Dealshare Lays Off 100 Employees

January 27, 2023January 27, 2023 OfficeChai Team

The unicorn layoffs of 2023 show no sign of abating even three weeks into the new year. E-commerce unicorn Dealshare has laid off…

Two Of The Three Sharechat Co-founders Step Down From Active Role At The Startup

January 25, 2023January 25, 2023 OfficeChai Team

India’s startup winter had thus far impacted only employees, but it appears that even co-founders aren’t immune. Two of the three Sharechat co-founders…

Seven Countries To Sign Up To Use India’s Digital Products, Says IT Minister

January 24, 2023January 24, 2023 OfficeChai Team

India’s digital infrastructure hasn’t only changed how Indians live and operate — UPI has made payments seamless, and Cowin helped more than a…

Zerodha Has Never Hired Anyone From IIT Or IIM, Reveals CEO Nithin Kamath

January 23, 2023January 23, 2023 OfficeChai Team

People with degrees with IITs and IIMs are in hot demand in India’s corporate world, but one of India’s most successful startups has…

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