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Category: Startups

Travis Kalanick Steps Aside At Uber, To Sell 29% Of His Stake For $1.4 Billion

January 5, 2018January 5, 2018 OfficeChai Team

Travis Kalanick appears to have finally given up in his war for control of Uber. Kalanick will sell 29% of his stake in…

90% Of Paytm UPI Transactions To Yes Bank Were For Rs. 1 Each: PhonePe CEO

January 4, 2018January 4, 2018 OfficeChai Team

Paytm had claimed to have had a grand entry into UPI with its launch last month, but rival PhonePe says things might not…

This Startup Publishes The Salaries Of All Its Employees For Everyone To See

January 4, 2018January 4, 2018 OfficeChai Team

Salaries at most top companies are guarded somewhat like the nuclear codes — employees are expressly told not to discuss them with peers,…

Sachin Bansal And Binny Bansal Have Quietly Founded A New Company — Sabin Advisors

January 2, 2018January 2, 2018 OfficeChai Team

As their role at Flipkart has diminished, original founders Sachin Bansal and Binny Bansal might already be preparing for a new innings. Sachin…

Twitter CEO Jack Dorsey Says He’s Just Completed A 10-Day Vipassana Silent Meditation

January 2, 2018January 2, 2018 OfficeChai Team

Even as millions of Twitter users rang in the new year with all manner of tweets, Twitter CEO Jack Dorsey was silent — very…

Ola Data Shows That Bangalore Really Has The Worst Traffic In The Country

January 1, 2018 OfficeChai Team

  Bangalore residents didn’t really need data to know, but their biggest grouse is based in reality — their city indeed has the…

Softbank Buys 14% Of Uber At $48 Billion Valuation, Early Investors Get 3600x Returns

December 29, 2017December 29, 2017 OfficeChai Team

The world’s biggest tech investor now owns a large chunk of the world’s most valuable startup. Softbank has officially completed its long-drawn investment in…

Byju’s Has Doubled Its Revenue In 2017, Losses Are Up Only 20%

December 28, 2017December 28, 2017 OfficeChai Team

Byju’s has, without a doubt, been the more visible startups of the year. It ran an extensive television campaign featuring founder Byju Raveendran as he…

Oyo Has Raised Its Revenues 7x In 2017, While Bringing Down Losses By 27%

December 28, 2017December 28, 2017 OfficeChai Team

After the profligacy of the last few years, Indian startups are now slowly beginning to turn their balance sheets around. Oyo Rooms has…

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