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Category: Startups

PhonePe, Bought By Flipkart For $20 Million In 2016, Is Now Worth $5.5 Billion

December 7, 2020 OfficeChai Team

Flipkart is known for managing to get the biggest-ever exit in the Indian startup ecosystem — it was acquired by Walmart at a…

E-Cell NIT Trichy Announces Ventura, Its International Business-model Competition

December 2, 2020December 2, 2020 OfficeChai Team

E-Cell NIT Trichy proudly presents Ventura, an International Business-model Competition and a platform where innovative ideas are nurtured and developed as teams hustle…

Cred Now Worth $800 Million After $80 Million Funding Round

December 1, 2020December 1, 2020 OfficeChai Team

After Freecharge, Kunal Shah appears to have another hit on his hands. Credit card payment startup Cred has raised $80 million as part…

India Caps Uber, Ola Commissions To 20%, Limits Surge Price To 1.5x Of Base Fare

November 27, 2020November 27, 2020 OfficeChai Team

After years of uncertainty, India appears to have gone ahead and regulated its cab hailing industry. India’s Transport Ministry has amended the Motor…

Just Two Months After Entering Unicorn Club, Unacademy Raises Funds At $2 Billion Valuation

November 26, 2020November 26, 2020 OfficeChai Team

These are good times to be an edtech startup in India. Just two months after Unacademy had entered the unicorn club, it has…

Cars24 Becomes India’s Latest Unicorn Startup With $200 Million Fundraise

November 25, 2020November 25, 2020 OfficeChai Team

Even amid the Covid pandemic, it’s raining unicorns in India. Used car marketplace Cars24 has become the latest unicorn in India. Cars24 raised…

Elon Musk Goes Past Bill Gates To Become World’s Second Richest Man

November 24, 2020November 24, 2020 OfficeChai Team

Elon Musk’s net worth is zooming, much like one of his SpaceX rocketships. Days after Musk had passed Facebook CEO Mark Zuckerberg to…

WhiteHat Jr Now Sues Investor Aniruddha Malpani For Rs. 14 Crore

November 23, 2020November 23, 2020 OfficeChai Team

Even as the Rs. 20 crore case between Pradeeep Poonia and WhiteHat Jr was being heard in a Delhi court, WhiteHat Jr has…

India’s Startup Ecosystem Rallies Behind Pradeep Poonia, Sued By WhiteHat Jr CEO For Rs. 20 Crore

November 23, 2020November 23, 2020 OfficeChai Team

There’s a David vs Goliath fight currently on in India’s tech space, and the startup ecosystem is hooked. Controversial ed-tech startup WhiteHat Jr’s…

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