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Category: Startups

Uber’s Stock Rises 7% After Uber Eats’ Sale To Zomato, Uber Analysts Say It’s End Of A Dark Chapter In India

January 22, 2020May 10, 2020 OfficeChai Team

Uber might have bowed out of food delivery in one of its largest markets, but the company’s shareholders seem to have celebrated the…

I’m Putting Nearly All My Flipkart Money Into Navi Technologies: Sachin Bansal

January 21, 2020January 22, 2020 OfficeChai Team

Sachin Bansal had changed India’s e-commerce space with Flipkart. Now he seems to want to change India’s financial services sector — and he’s…

Zomato Acquires Uber Eats India For Rs. 2500 Crore

January 21, 2020January 21, 2020 OfficeChai Team

And then there were two. Zomato has acquired Uber Eats India for $350 million (Rs. 2500 crore) in an all-stock deal. In return,…

Ikea Launches Online Store In Pune, Now Delivers Online In Three Indian Cities

January 20, 2020 OfficeChai Team

Ikea might have only set up one of its signature stores since launching in India in 2018, but it’s reaching out in other…

Oyo Rooms Fires 2000 Employees In China, Hotel Owners Protest Outside Company Offices

January 19, 2020 OfficeChai Team

Oyo’s troubles have extended from its home market of India to its biggest market of China. Oyo has fired 2000 employees from its…

We’re Having Trouble Contacting Oyo Representatives, Say Some Oyo Partner Hotels

January 18, 2020 OfficeChai Team

Ripples from Oyo’s recent layoffs are already making an impact on Oyo’s hotels across the country. Some Oyo partner hotels say that they’re…

Amazon Not Doing India A Favour By Investing $1 Billion: Piyush Goyal

January 16, 2020 OfficeChai Team

Jeff Bezos’ charm offensive in India isn’t quite going as planned, as far as government officials are concerned. “They may have put in…

Oyo CEO Ritesh Agarwal Announces Layoffs In Email To Employees, 20% Of India Staff Could Be Cut

January 14, 2020January 14, 2020 OfficeChai Team

Oyo’s long-rumoured layoffs are finally official. Oyo CEO Ritesh Agarwal has written to his employees announcing that Oyo would be cutting staff in…

Paytm Runs Front Page Ads With Spelling Mistake In Its URL

January 13, 2020 OfficeChai Team

When you’re moving fast and breaking things, it seems that it’s not always possible to pay attention to typos. Paytm today splurged on a…

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