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Category: Startups

Paytm Touches New Record Low After Macquarie Values Share At Just Rs. 275

February 13, 2024February 13, 2024 OfficeChai Team

The bad news doesn’t seem to be stopping anytime soon for Paytm. Paytm’s stock has hit a record new low of Rs. 385…

Zoho CEO Sridhar Vembu Rocks Lungi At Opening Of Company’s Mexico Office

February 10, 2024February 10, 2024 OfficeChai Team

Indian startup founders usually dress up in suits and ties for formal engagements with the government or policymakers, but a startup founder is…

Two Independent Board Directors Have Quit Crisis-Hit Paytm Payments Bank

February 9, 2024February 9, 2024 OfficeChai Team

Even as Paytm Payments Bank has been flung into turmoil following severe restrictions placed by RBI, two of its independent board directors have…

42% Of Kirana Shops Have Switched From Paytm To Other Apps Following RBI Curbs: Report

February 8, 2024February 8, 2024 OfficeChai Team

Paytm has been running from pillar to post following RBI’s curbs on Paytm Payments Bank, issuing press releases, meeting RBI representatives, and even…

ED Likely To Investigate Paytm Over Non-Compliances: Report

February 7, 2024February 7, 2024 OfficeChai Team

While Paytm isn’t currently being investigated by the ED, there are now reports that such an investigation could be in the offing. The…

Ola Investor Values It At $1.88 Billion, Down 75% From Peak Of $7.3 Billion

February 6, 2024February 6, 2024 OfficeChai Team

Bhavish Aggarwal might have created India’s fastest-ever unicorn in Krutrim AI just last month, and Ola Electric could soon go public, but his…

jio paytm

Jio In Talks To Acquire Paytm’s Wallet Business, Stock Jumps 16%

February 5, 2024February 5, 2024 OfficeChai Team

Even as Paytm’s stock has been cratering at the stock markets, the shares of a rival are moving in the opposite direction. Jio…

Paytm Bank Had Over 1000 Users With Same PAN, RBI Had Alerted ED About Money Laundering

February 3, 2024February 6, 2024 OfficeChai Team

The restrictions placed on Paytm Payments Bank by the RBI have stunned its users, investors, and the broader stock markets, but it appears…

Byjus’ American Unit Files For Bankruptcy Amid Fund Crunch

February 2, 2024February 2, 2024 OfficeChai Team

The Byju’s story appears to be unravelling in India, and its foreign entities aren’t faring much better. Byjus’ American arm has filed for…

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