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Category: Startups

Netflix To Spend Rs. 3000 Crore To Create Content In India, Roughly The Same As 100 Bollywood Movies

December 8, 2019 OfficeChai Team

Netflix has just revealed its plans for India, and they’re jaw-droppingly big. Netflix CEO Reed Hastings has said that Netflix will spend Rs….

Ratan Tata Has Shared A Startup Pitch Deck Template For Entrepreneurs On Instagram

December 5, 2019 Navin Bhatia

Ratan Tata might be 81, but he sure is keeping up with the times.  Ratan Tata had created a bit of a social…

Paytm Wants To Convert Its Payments Bank Into A Small Finance Bank

December 2, 2019 OfficeChai Team

India’s payments banks have had a torrid time thus far — after the RBI had given in-principle approval to 11 entities to set…

Ola To Layoff Around 350 Employees As It Trims Its Staff Size By 5-8 Percent: Report

November 29, 2019 OfficeChai Team

For the last decade, Indian unicorns have been growing at breakneck speed. Now some are moving in reverse. Ola is trimming its staff…

Govt Could Cap Uber And Ola’s Fee For Rides At 10%, Half Of Current Fees

November 28, 2019November 28, 2019 OfficeChai Team

In India, Uber and Ola have been battling finicky customers, taxi unions, inhospitable roads, and each other, but they might receive a serious…

A Day After Uber Loses License In London, Ola Starts Onboarding Drivers In The City

November 27, 2019November 27, 2019 OfficeChai Team

Uber and Ola have been battling it out in India over the last several years, but their battles are now going international. A…

Oyo’s Annual Losses Rise Sixfold To Rs. 2,385 Crore

November 26, 2019 OfficeChai Team

Oyo might be expanding into different geographies and different verticals, but the growth isn’t coming cheap. Oyo has registered a loss of Rs. 2,385…

500 Indian Startups To Get $250,000 From WhatsApp As Facebook Ad Credits

November 26, 2019November 26, 2019 Navin Bhatia

WhatsApp has taken its initiative to support Indian startups another step forward. The Facebook-owned company has announced an investment of $250,000 worth ad…

Paytm Has Raised $1 Billion At A Valuation Of $16 Billion

November 25, 2019 OfficeChai Team

Paytm has further cemented its place as India’s most valuable startup. Paytm has raised $1 billion (Rs. 7000 crore) in its Series G…

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