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Category: Startups

Google Has Quietly Launched A Hyperlocal App In India For Food Delivery And Home Services

April 13, 2017April 13, 2017 OfficeChai Team

The Indian hyperlocal space isn’t exactly booming: TaskBob recently shut down, and LocalOye had fired employees last year. Food delivery companies have also…

Amazon Will Soon Launch A Wallet To Take On Paytm, Freecharge

April 13, 2017 OfficeChai Team

Last year, Paytm CEO Vijay Shekhar Sharma had walked up to the mic at a conference and posed a question to Amazon CEO…

Prominent Stayzilla Investor Had Removed It From Its Website Even Before The Company Had Announced Its Shutdown

April 12, 2017April 12, 2017 OfficeChai Team

Stayzilla CEO Yogendra Vasupal finally managed to secure bail yesterday, ending a 25-day ordeal during which he’d been arrested and lodged in a Chennai…

CouponDunia Founder Lashes Out At Kunal Bahl, Says Snapdeal Is “Months Behind” On Its Payments

April 11, 2017April 11, 2017 OfficeChai Team

Snapdeal’s employees aren’t the only ones getting a little fidgety about the company’s impending sale – its creditors are getting worried as well….

Stayzilla CEO Yogendra Vasupal Finally Granted Bail, Judge Instructs Rs. 40 Lakh Be Deposited

April 11, 2017April 11, 2017 OfficeChai Team

Stayzilla CEO Yogendra Vasupal’s nightmare has finally come to an end.  After two consecutive failed bail petitions, the Madras High Court has granted…

Flipkart Founders No Longer Billionaires After Flipkart’s Latest Funding Round

April 11, 2017April 11, 2017 OfficeChai Team

Flipkart might’ve raised $1.4 billion (Rs. 9,000 crore) in India’s largest ever startup funding round, but it’s not come as good news for…

Flipkart Has Officially Raised Rs. 9,000 Crore In Largest Indian Funding Round In History

April 10, 2017April 10, 2017 OfficeChai Team

Flipkart has just officially announced the biggest funding round in the history of Indian internet startups. Microsoft, Tencent and eBay have collectively put…

Snapdeal’s Founders Have Just Told Their Employees That Their Investors Are Looking To Sell The Company

April 9, 2017April 9, 2017 OfficeChai Team

We now have the clearest admission that Snapdeal’s investors are looking to sell the company. Rumours about a potential distress sale have been swirling…

Indian E-Commerce Growth Has Stalled, And All E-Commerce Companies Need To Be Very, Very Worried

April 9, 2017April 9, 2017 OfficeChai Team

Amazon, Flipkart and Snapdeal have spent the last three years engaged in a brutal war for market supremacy. They’ve put in tremendous amounts of…

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