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Category: Startups

shark tank india deals

Only 27 Of 65 Startups “Funded” On Shark Tank Have Actually Received Money: Report

July 19, 2023July 19, 2023 OfficeChai Team

On TV, successful Shark Tank pitches end with scenes of jubilation — sharks hand over cheques to entrepreneurs, hug them, and promise to…

codings jobs india emad mostaque lost AI

Most Coding Jobs Outsourced To India Will Be Replaced With AI In 2 Years: Stability AI CEO

July 18, 2023July 18, 2023 OfficeChai Team

It’s now widely accepted that AI could render many jobs redundant in the coming years, but some regions could be more affected than…

sleepwell furlenco

Sleepwell Acquires 35% Of Furniture Startup Furlenco For Rs. 300 Crore

July 17, 2023July 17, 2023 OfficeChai Team

India’s startups might be currently struggling for foreign funds, but they are finding ready buyers among established Indian companies. Sheela Foam, the parent…

ather boat skyroot france pm modi

Founders Of Startups BoAt , Ather And Skyroot Attend CEO Summit With PM Modi In France

July 16, 2023July 16, 2023 OfficeChai Team

India’s startups aren’t only becoming mainstream at home by providing jobs, services, and the occasional million-dollar payouts, but they’re also beginning to represent…

flipkart employees

Flipkart Employees Receive Rs. 5,600 Crore In Bank Accounts In Massive ESOP Buyback

July 14, 2023July 14, 2023 OfficeChai Team

Flipkart has already turned founders Sachin Bansal and Binny Bansal into billionaires, but it’s still creating wealth for the company’s rank and file…

dukaan ceo suumit shah ai tweet criticism

Dukaan CEO Criticized After Bragging About AI Chatbot That Laid Off 90% Support Staff

July 11, 2023July 11, 2023 OfficeChai Team

There has been no shortage of layoffs in the Indian startup ecosystem, and founders have typically announced them while expressing regret, thanking the…

dunzo

Dunzo Pays Only 50% Salary To Employees Amid Fund Crunch

July 10, 2023July 10, 2023 OfficeChai Team

Thus far, the startup winter had manifested itself through layoffs and firings, but now employees who remained on rolls are being impacted too….

mohit bhatnagar jail startup founders

Startup Founders Who Cross Corporate Governance Lines Should Be In Jail: Sequoia’s Mohit Bhatnagar

July 7, 2023July 11, 2023 OfficeChai Team

Sequoia has been burnt several times over the last few years with its founders playing fast and loose with corporate governance, and it…

pharmeasy founders

After Raising ₹12,800 Cr From Investors Over 8 Years, PharmEasy Is Now Likely Worth Just ₹4,800 Cr

July 6, 2023July 6, 2023 OfficeChai Team

When startup investments do well, they can turn VCs and entrepreneurs fabulously wealthy. But when they don’t, the results aren’t particularly pretty. PharmEasy…

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