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Category: Startups

Mark Zuckerberg Worried That If India Can Ban TikTok, It Can Also Ban Facebook: Reports

July 21, 2020 OfficeChai Team

TikTok’s ban should’ve come as welcome news for rival social media companies, but Facebook CEO Mark Zuckerberg is apparently not particularly thrilled with…

Curefit Lays Off 600 Employees, After Laying Off 800 In May

July 19, 2020 OfficeChai Team

Startups that have been the worst-hit by the coronavirus pandemic are continuing to try to cut costs. Fitness startup Curefit has laid of…

JioMart Makes All Deliveries Free, Launches App To Take On Amazon And Flipkart

July 18, 2020 OfficeChai Team

The now-familiar push for dominance by Reliance, as seen in its telecom and broadband plays, has now begun for JioMart. JioMart has made…

Walmart Puts In $1.2 Billion In Flipkart At A Valuation Of $24.2 Billion

July 14, 2020 OfficeChai Team

Many had questioned Walmart’s decision to acquire a majority stake in Flipkart at a valuation of $21 billion in 2018, but the decision…

After Facebook’s Investment In Jio, Google Announces $10 Billion Indian Fund

July 13, 2020 OfficeChai Team

After emerging as a proxy battlefield for American e-commerce companies — Amazon and Walmart currently own India’s two biggest e-commerce players — India is…

Nykaa Comes Under Fire For Exposé On Toxic Work Culture And Employee Bullying By CXOs

July 12, 2020July 13, 2020 Monica Bansal

Online cosmetics and beauty products retailer Nykaa has come under social media fire for verbal harassment and employee bullying at the hands of…

Zomato, Ixigo Reinstate Employee Salaries As Firms Look To Recover From Covid Setback

July 12, 2020 OfficeChai Team

Startups across the board had cut employee salaries as the Covid crisis had hit and business outlook had looked uncertain, but some of…

We Are Willing To Buy Back China’s Tencent’s Investment In PolicyBazaar: CEO Yashish Dahiya

July 10, 2020 OfficeChai Team

An Indian unicorn with a significant Chinese investment has just set the bar for the Boycott China movement, which is quickly spreading across…

Flipkart Buys Significant Minority Stake In Flying Machine Parent For Rs. 260 Crore

July 9, 2020 OfficeChai Team

After Amazon had bought a stake in Shoppers Stop in 2018, Flipkart has gone ahead and acquired a minority stake in a fashion…

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