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Category: Startups

India’s Fastest Unicorn Mensa Lays Off Employees

May 30, 2023May 31, 2023 OfficeChai Team

[Update: Mensa has claimed that the number of laid off employees is around 30, and only from the ILN division. “ILN is committed…

Nykaa’s Profit Falls 72% To Just Rs. 2.3 Crore In March Quarter

May 25, 2023May 25, 2023 OfficeChai Team

Nykaa might’ve started off strongly at the stock markets, but its profits — and share price — has been in freefall since then….

zomato 2000 rs fake news 72%

Zomato’s Joke That 72% Of Orders Were Paid With ₹2000 Notes Gets Reported As Real News By Media Outlets

May 24, 2023May 24, 2023 OfficeChai Team

As lines between content marketing and reality blur, journalists everywhere are finding it hard to keep up. Zomato’s joke that 72 percent of…

Tiger Global Is In Talks To Invest In Rajasthan Royals At A $650 Million Valuation: Report

May 22, 2023May 22, 2023 OfficeChai Team

India’s startups might be finding it hard to raise money, but their investors are already eyeing greener pastures in the country. Tiger Global,…

only losers attend networking events

Only Losers Go To Networking Events, Say Some Prominent Entrepreneurs

May 17, 2023May 17, 2023 OfficeChai Team

There’s no shortage of networking events for startups these days — it often can appear that there are now more networking events than…

sam altman no equity in openai

OpenAI CEO Sam Altman Says He Has No Equity In The Startup, Is Doing It Because He “Loves It”

May 17, 2023May 17, 2023 OfficeChai Team

Many entrepreneurs have managed to become fantastically wealthy from their shareholdings in their startups, but the hottest startup in recent times has a…

mpl nigeria

Indian Gaming Unicorn MPL Enters Africa, Launches App In Nigeria

May 16, 2023May 16, 2023 OfficeChai Team

For decades, western companies have launched their products and startups in India. Now Indian startups are increasingly venturing into uncharted territories abroad. Gaming…

zerodha cto kailash nadh

20% Of Zerodha’s Jobs Could Be Made Obsolete By AI In No Time: Zerodha CTO Kailash Nadh

May 15, 2023May 15, 2023 OfficeChai Team

Zerodha has already said that it that it wouldn’t lay off any employees because of adopting AI technologies, but it’s now revealed the…

This Is The Fall In The Valuation Of Indian Startups This Year

May 14, 2023May 14, 2023 OfficeChai Team

The last few months haven’t been easy for Indian startups — they’ve found it hard to raise money, they’ve been forced to shut…

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