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Category: Startups

Zomato’s Valuation Rises To $5.4 Billion In Latest Fundraise, Up 38% From December Last Year

February 23, 2021 OfficeChai Team

As the coronavirus lockdowns have eased, food-delivery companies seem to be coming back with a bang. Zomato has raised $250 million in its…

Daily Basket Creates Website BbIsABully After BigBasket Sends It Legal Notice Over The Word “Basket”

February 22, 2021February 22, 2021 OfficeChai Team

Once startups become large companies, they seem to very quickly assume the trappings that come with their increased stature. Big Basket, which is…

Tata Group Has Bought 68% Stake In Big Basket For $1.3 Billion

February 16, 2021February 16, 2021 OfficeChai Team

The Tata Group appears to have taken the first step in building its own super-app — and taking on Amazon, Flipkart and Jiomart….

Oyo Rooms’ Biggest Investor Softbank Pulls Out Of Its Latin America Joint Venture With The Company

February 15, 2021February 15, 2021 OfficeChai Team

Oyo’s overseas expansion wasn’t going quite as per plan even before the coronavirus pandemic had hit, and the pandemic and the lockdown and…

Bumble Goes Public At $14B Valuation, Founder Becomes World’s Youngest Self-Made Woman Billionaire

February 12, 2021February 15, 2021 OfficeChai Team

A dating app with the USP of letting women make the first move has made its founder the richest self-made woman billionaire in…

Zerodha, BookMyShow & Bounce Founders Back Made-In-India Twitter Alternative Koo

February 11, 2021February 11, 2021 OfficeChai Team

Made-in-India microblogging platform Koo is having its moment under the sun, and big-name Indian entrepreneurs are coming on board. Several prominent Indian entrepreneurs…

We Review Koo, The Made-In-India Twitter Alternative That’s Going Viral

February 10, 2021February 10, 2021 OfficeChai Team

Social media networks can be notoriously hard to dislodge — their network effects mean that users need to shift en masse to a…

Cred Records Losses Of Rs. 360 Crore On Operating Revenues Of Just Rs. 52 Lakh In FY20

February 7, 2021February 7, 2021 OfficeChai Team

It’s now widely accepted that startups need to burn cash in their early days to acquire users, but the amount of cash that’s…

PayPal To Wind Down Its Domestic Payments Business In India

February 5, 2021February 5, 2021 OfficeChai Team

India’s payments space is choc-a-bloc with international tech names — Google, Amazon and Walmart are all involved in some way or the other….

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