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Category: Startups

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…

uber illegal in italy

Uber Is Now Banned In Both Italy And Denmark

April 8, 2017 OfficeChai Team

Uber’s perhaps the most global startup in the world, with on-ground operations in an astonishing 581 cities across 81 countries. This global penetration helps it…

Flipkart Is Looking To, Once Again, Enter The Grocery Delivery Business

April 8, 2017 OfficeChai Team

A few months ago, Flipkart had mocked Amazon for selling daily-use products during the Holiday sales. “We did not sell ‘churan’, ‘hing’, detergent,…

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