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Category: Startups

Startup And Business Outlets Vandalized By Pro-Kannada Protestors In Bengaluru

December 27, 2023December 27, 2023 OfficeChai Team

Bengaluru has become India’s Silicon Valley over the years, but it seems to have also imported some of Silicon Valley’s activism and administrative…

Incred Becomes India’s Second Unicorn Of 2023, Raises Funds At $1.05 Billion Valuation

December 25, 2023December 25, 2023 OfficeChai Team

2023 has been a forgettable year for India’s startup ecosystem, but it’s brought about some cheer at the very end. Fintech startup Incred…

Paytm Has Laid Off 1000 Employees Across Divisions

December 25, 2023December 25, 2023 OfficeChai Team

2023 has been a forgettable year for India’s startup ecosystem, and it continues to bring in bad news until the very end. Paytm…

Zerodha’s Nithin Kamath Added To Modi Govt’s Startup Advisory Council, Byju Raveendran, Others Removed

December 22, 2023December 22, 2023 OfficeChai Team

India’s top entrepreneurs and investors don’t just run their companies — they also help the government make policies around startups. The Modi government…

Indian Startups Have Laid Off 28,000 Employees In The First 9 Months Of 2023

December 21, 2023December 21, 2023 OfficeChai Team

It’s now widely accepted that 2023 has been one of the lowest points in recent memory in India’s startup ecosystem, but numbers point…

Sharechat Lays Off 200 Employees, Valuation Could Fall From $5 Billion To $1.5 Billion

December 20, 2023December 20, 2023 OfficeChai Team

India’s startup ecosystem is several quarters into the funding winter, but well established names are still continuing to jettison staff in large numbers….

Udaan Lays Of 10 Percent Of Its Workforce Days After Raising Rs. 2,800 Crore

December 18, 2023December 18, 2023 OfficeChai Team

Even as funding rounds are slowly beginning to trickle in for startups in the funding winter, employees are still getting the short end…

Ola Founder Bhavish Aggarwal Launches AI Startup Krutrim To Make Indian Language LLMs

December 15, 2023December 15, 2023 OfficeChai Team

Bhavish Aggarwal had started his entrepreneurial journey more than a decade ago and built Ola, which is now India’s largest ride hailing company….

boAt Records First Loss In 8 Years, Loses Rs. 129 Crore In FY23

December 11, 2023December 11, 2023 OfficeChai Team

While several Indian startups are slowly looking to turn in a profit, a prominent name has just slipped into losses. boAt has reported…

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