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Category: Startups

Mark Zuckerberg’s Chan Zuckerberg Initiative Leads A ₹350 Crore Investment Into Byju’s

September 8, 2016September 9, 2016 OfficeChai Team

Facebook Inc. founder Mark Zuckerberg and his wife’s newly formed $48 billion venture is making its first bet in India. The socially-focussed company is leading…

Ola Goofs Up Again, Presents Rider With Bill Of Rs. 83,000

September 8, 2016September 8, 2016 OfficeChai Team

There’s a problem with Ola’s fare calculation mechanism for its intercity rides. Less than a week after it had presented a Hyderabad-based passenger…

Vijay Shekhar Sharma Zips Past Flipkart Founders; Is Now Richest Indian Under 40

September 8, 2016September 8, 2016 OfficeChai Team

Most members of India’s unicorn club have had an indifferent 2016. Flipkart has battled falling valuations and has had to delay the joining…

90% Of Startups Have No Meaning, They Are Nonsense: Kishore Biyani

September 7, 2016September 7, 2016 OfficeChai Team

Kishore Biyani really doesn’t like startups. Late last year, he had said that none of the existing grocery delivery service would survive. His stand…

ecommerce india

For Online Shoppers Flipkart Is Still The Most Popular Platform, According To A Study

September 5, 2016September 5, 2016 OfficeChai Team

Say what you will about the business model, cash burn, valuation, and profitability aspects of Flipkart, its customers only care about one thing…

Jeff Bezos Had To Meet With 60 Investors To Raise Money For Amazon

September 4, 2016September 4, 2016 OfficeChai Team

Raising money for your venture can be harrowing at the best of times. It takes up valuable time and effort, investors don’t often…

Ola Glitch Slaps Hyderabad Man With Bill Of Rs. 9 Lakh

September 3, 2016September 16, 2016 OfficeChai Team

If you thought surge pricing was bad, get a load of this. Rathish Sekhar, a private consultant from Hyderabad, had booked an Ola…

Zomato Shows Remarkable Growth In International Markets; Is No. 1 Player In 18 Countries

September 2, 2016September 2, 2016 Bart Eshwar

When Zomato had acquired Urbanspoon in the US and subsequently laid off employees in India, critics had said that it had spread itself too…

Ola bus grab handles ads

[Updated] Layoffs Begin At Ola Again, 90 Let Go In Mumbai, 40 In Bengaluru Yesterday

September 2, 2016September 3, 2016 OfficeChai Team

In another bit of sobering news coming in from India’s largest cab-tech startup, Ola has embarked on a mass layoff session, yet again….

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