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Category: Startups

Amazon Gives Its Employees $5000 To Quit Their Jobs

July 17, 2016July 19, 2016 OfficeChai Team

Amazon wants to give away $5000 to employees who want to quit the company.

Modi Government Offers Tesla Land To Set Up Factories In India

July 17, 2016July 17, 2016 OfficeChai Team

If the Modi government has its way, Tesla might soon be rolling out its slick cars on Indian shores. It has extended an invitation to Tesla to set up its manufacturing hub for South and South East Asia in India.

Snapdeal Founders Hotly Deny Reports Of Layoffs At Bangalore Office

July 16, 2016July 17, 2016 OfficeChai Team

The Snapdeal founders, Kunal Bahl and Rohit Bansal, have come out all guns blazing against reports that their company was going to fire 150 employees and wind down its Bangalore office.

Shopclues Goes Shopping; Picks Up Mobile Payments Platform Momoe

July 15, 2016July 15, 2016 Bart Eshwar

Gurgaon based Shopclues, the lesser known ecommerce unicorn in India has acquired Momoe, a Bangalore based mobile payments startup.

Sallu Bhai, The Unlikely Venture Capitalist

July 14, 2016July 14, 2016 Bart Eshwar

When he’s (not) killing blackbuck or (not) running over pedestrians, Salman Khan doesn’t really seem like the most measured, level headed person. He’s…

Yatra Gets Acquired By Terrapin For $218 Million, Will Trade On NASDAQ

July 14, 2016 OfficeChai Team

Indian ticketing comany Yatra Onilne is to be acquired by Terrapin 3 Acquisition Corp (TRTL). The acquisition will take place over several phases and will value Yatra at an enterprise value of $218 million.

The Stunning Rise Of Pokemon Go, Explained In 5 Charts

July 12, 2016July 12, 2016 Bart Eshwar

Pokemon Go has quickly become a cultural phenomenon like no other. On the face of it, it’s just a game that gets users to play and compete with their friends. But its growth numbers show that much more than an ordinary game.

Exclusive: Karnataka RTO Raps Ola For Continuing To Charge Surge Prices In Bangalore

July 11, 2016 OfficeChai Team

The taxi app controversies in Karnataka refuse to go away. After the RTO had granted Ola a license to operate in the state, it has now pulled it up for continuing to charge surge prices.

Rohit Bansal Hits Back At Critics With Heartfelt Blogpost

July 11, 2016July 11, 2016 OfficeChai Team

Recent questions about the future of Snapdeal haven’t gone down too well with cofounder Rohit Bansal – he clarifies his company’s position in a heartfelt blogpost.

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