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Category: Startups

Zomato Raises Funds At $3.9 Billion Valuation, Says Its Order GMVs Are Now 25% Higher Than Before Covid

December 20, 2020December 20, 2020 OfficeChai Team

There are signs that even sectors that were amongst the most severely impacted by the coronavirus pandemic are now recovering. Zomato has said…

Urban Company Treats Blue-Collar Workers The Best, Zomato & Swiggy The Worst: Report

December 17, 2020December 17, 2020 OfficeChai Team

Most surveys around the best places to work for focus on white-collar employees — these surveys take into account perks, swanky offices, and…

Ola To Invest Rs. 2,400 Crore In TN, To Set Up “World’s Largest Scooter Manufacturing Facility”

December 14, 2020December 14, 2020 OfficeChai Team

After seeing its ride-hailing business be battered by the coronavirus pandemic, Ola is moving into a whole new sector: manufacturing. Ola has said…

Oyo Lays Off 600-800 Employees In Fresh Restructuring: Report

December 8, 2020December 8, 2020 OfficeChai Team

Beleaguered hospitality companies are still trying to come to terms with the coronavirus pandemic. Oyo Rooms has laid off 600-800 employees in a…

PhonePe, Bought By Flipkart For $20 Million In 2016, Is Now Worth $5.5 Billion

December 7, 2020 OfficeChai Team

Flipkart is known for managing to get the biggest-ever exit in the Indian startup ecosystem — it was acquired by Walmart at a…

E-Cell NIT Trichy Announces Ventura, Its International Business-model Competition

December 2, 2020December 2, 2020 OfficeChai Team

E-Cell NIT Trichy proudly presents Ventura, an International Business-model Competition and a platform where innovative ideas are nurtured and developed as teams hustle…

Cred Now Worth $800 Million After $80 Million Funding Round

December 1, 2020December 1, 2020 OfficeChai Team

After Freecharge, Kunal Shah appears to have another hit on his hands. Credit card payment startup Cred has raised $80 million as part…

India Caps Uber, Ola Commissions To 20%, Limits Surge Price To 1.5x Of Base Fare

November 27, 2020November 27, 2020 OfficeChai Team

After years of uncertainty, India appears to have gone ahead and regulated its cab hailing industry. India’s Transport Ministry has amended the Motor…

Just Two Months After Entering Unicorn Club, Unacademy Raises Funds At $2 Billion Valuation

November 26, 2020November 26, 2020 OfficeChai Team

These are good times to be an edtech startup in India. Just two months after Unacademy had entered the unicorn club, it has…

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