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Category: Startups

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….

Online Gaming Platform MPL Valued At $945 Million After Latest Fundraise

February 4, 2021February 9, 2021 OfficeChai Team

India is one step away from getting its second unicorn in the gaming space. Online gaming platform MPL has doubled its valuation to…

In Big Win For Amazon, Delhi High Court Orders Status Quo In Reliance-Future Group Deal

February 2, 2021February 2, 2021 OfficeChai Team

The Reliance-Future Group deal had been announced several months ago by both companies, but it appears there might be a slip between the…

Here’s How India’s Startup Founders And Business Leaders Reacted To The Union Budget

February 1, 2021February 1, 2021 OfficeChai Team

The Indian government presented the Union Budget 2021 today, and expectations were high — the budget was the first full budget since the…

Swiggy’s Losses Rise 61% To Rs. 3,768 Crore In FY20

January 28, 2021January 28, 2021 OfficeChai Team

The food-tech industry had seen order volumes collapse during the coronavirus lockdowns, but even prior to that, the top companies were still losing…

Domino’s Becomes First QSR Chain In India To Launch Plant-based Meat Pizza

January 24, 2021January 24, 2021 OfficeChai Team

For years, India’s startups have spoken about food-tech, but it had really meant how food reached consumers — food could be ordered online…

Cold-Pressed Juices Startup Raw Pressery Acquired For Rs. 100 Crore By Wingreens Farms

January 21, 2021January 21, 2021 OfficeChai Team

Startups are taking over software and tech in India, but the going still isn’t easy for consumer brands. Cold-pressed juices startup Raw Pressery…

Tata Group Finalizes $250 Million Investment In BigBasket: Report

January 20, 2021January 20, 2021 OfficeChai Team

The Tata Group appears have taken the first step towards its grand super-app ambitions. The Tata Group has finalised a $200-250 million primary…

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