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Category: Startups

Oyo Rooms And Softbank Jointly Acquire 80% Stake In Japanese Apartment Rental Company MDI For Rs. 700 Crore

October 7, 2019 OfficeChai Team

Even as Softbank’s biggest real estate bet unraveled spectacularly this month — WeWork had to shelve its IPO after it was unable to attract…

Amazon To Create Cloud Kitchens In India, Looking To Launch Private Food Brands: Report

October 5, 2019October 5, 2019 OfficeChai Team

There was a time when every company, no matter what its business model, wanted to become a super app. Now every company, irrespective…

7 Corporate Governance Lapses That Led To WeWork’s Doomed IPO

October 1, 2019October 1, 2019 OfficeChai Team

Until two months ago, WeWork was on top of the world. The coworking spaces provider, which at $47 billion (Rs. 3.3 lakh crore)…

Zerodha Creates Rs. 200 Crore ESOP Pool For 850 Employees

September 30, 2019September 30, 2019 OfficeChai Team

To make money, you don’t always need to be working for high-flying startups with superstar founders and multi-million dollar advertising budgets — you…

Myntra Ties Up With Local Tailors To Deliver Clothes And Make Alterations At Customers’ Doorsteps

September 29, 2019September 9, 2021 OfficeChai Team

The more things change, the more they remain the same. Myntra, which had sought to disrupt offline retail by selling clothes online, is…

Become Profitable, Public Investors Won’t Tolerate Gimmicks: Softbank’s Masa Son To Portfolio Companies

September 27, 2019September 27, 2019 OfficeChai Team

Even the world’s largest startup investor is beginning to realize the importance of startups actually making some money. Softbank founder Masayoshi Son has…

Why Most New Startups In India Fail

September 26, 2019September 27, 2019 OfficeChai Team

We are witnessing the fourth industrial revolution, and big countries should be prepared for it. The digital age is something that people dreamt…

Sachin Bansal Invests Rs. 740 Crore In Finance Firm CRIDS, Becomes CEO

September 25, 2019 OfficeChai Team

After exiting Flipkart with a billion dollars in the bank, it was expected that Sachin Bansal would sit back and invest in other…

Former Uber CEO Travis Kalanick Invests In Faasos’ Parent Company

September 24, 2019 OfficeChai Team

While he’d led Uber, Travis Kalanick had maintained that India was one of his company’s most important markets. And even after his exit,…

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