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Category: Startups

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…

ola swiggy

Ola’s Valuation Cut By 35%, Swiggy’s Trimmed By 33% In Tough Week For Indian Startups

May 10, 2023May 10, 2023 OfficeChai Team

Summer might be making its way across India with daytime temperatures soaring everywhere, but the country’s startup ecosystem continues to be firmly embroiled…

zerodha nithin kamath father in law

Zerodha CEO’s Father-in-law Still Runs Kirana Shop, Billionaire Shares Heartwarming Story

May 9, 2023May 9, 2023 OfficeChai Team

From the outside, it might appear that high-flying billionaire entrepreneurs have it all figured out, but they seem to face challenges as the…

Indians Are Ordering The Same Food For Cheaper On ONDC Than Swiggy & Zomato

May 6, 2023May 6, 2023 OfficeChai Team

India’s food tech space was thought to have settled as a duopoly, with Zomato and Swiggy remaining the only viable options after years…

meesho layoffs

Meesho Lays Off 251 Employees, CEO Says Made Judgement Errors In “Over hiring”

May 5, 2023May 10, 2023 OfficeChai Team

Indian unicorns are shedding fat well into 2023 to navigate the ongoing funding winter. Meesho has laid off 251 employees in a fresh…

ola refund charger

Ola To Refund Rs. 130 Crore To Customers For Charging Them Separately For Chargers

May 3, 2023May 3, 2023 OfficeChai Team

Ola customers have taken to social media over several issues — late delivery of scooters, claims of low range, and a host of…

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