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Category: Startups

10-15 Minute Delivery Models Not Economically Feasible: BigBasket CEO Hari Menon

April 12, 2023April 12, 2023 OfficeChai Team

A bunch of startups have burst into the grocery delivery space promising 10-minute deliveries, but one of the oldest players in the game…

highest loss making startups

These Are India’s 9 Highest Loss Making Startup Unicorns

April 11, 2023April 11, 2023 OfficeChai Team

Indian unicorn startups have been pilloried for years for making losses. Some of the biggest names in India’s startup space have never made…

india's highest profit making startups

These Are India’s 10 Highest Profit Making Startup Unicorns

April 10, 2023April 10, 2023 OfficeChai Team

There’s no shortage of unicorn startups in India any more — India had more than a hundred unicorns at last count. But what’s…

Indian Space Startup Pixxel Bags Contract With US Defense Agency For Providing Satellite Data

April 7, 2023April 7, 2023 OfficeChai Team

For decades, India has been importing foreign technology to buttress its internal defenses. Now private Indian comapnies are helping the most powerful military…

dunzo

Dunzo Lays Off 30% Of Its Workforce, Raises Funds From Google And Reliance

April 6, 2023April 6, 2023 OfficeChai Team

2023 had started off with as many as a dozen unicorns laying off employees in January, and the trend appears to be continuing…

JioCinema Gets More Views In Opening IPL Weekend Than Hotstar Got In Entire 2022 Season

April 4, 2023April 4, 2023 OfficeChai Team

Reliance had discovered the power of “free” with the Jio launch, and it appears to be doing an encore with the IPL on…

BlackRock Cuts Byjus’ Valuation From $22 Billion To $11 Billion: Report

March 31, 2023March 31, 2023 OfficeChai Team

Ed-tech companies have had a torrid time of late with layoffs, slashing of management salaries, and forced restructuring of loans, and it’s finally…

Unacademy Lays Off 380 More Employees In Latest Job Cuts

March 30, 2023March 30, 2023 OfficeChai Team

It’s been a while since stress was first seen in the Indian ed-tech sector, but the pain for some comapnies doesn’t seem to…

Elon Musk, Top AI Researchers Sign Open Letter Asking For Pause In High-Level AI Research

March 29, 2023March 29, 2023 OfficeChai Team

AI has been moving at breakneck speed over the last few months, but there are now concerns that it’s getting too good, too…

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