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Category: Startups

Zoho Registers Profit Of Rs. 2,749 Crore In FY22, Highest Ever For An Indian Internet Firm

January 28, 2023January 28, 2023 OfficeChai Team

Even as India’s VC-funded loss-making startups are having to lay off employees to survive the funding winter, the country’s bootstrapped champions seem to…

E-Commerce Unicorn Dealshare Lays Off 100 Employees

January 27, 2023January 27, 2023 OfficeChai Team

The unicorn layoffs of 2023 show no sign of abating even three weeks into the new year. E-commerce unicorn Dealshare has laid off…

Two Of The Three Sharechat Co-founders Step Down From Active Role At The Startup

January 25, 2023January 25, 2023 OfficeChai Team

India’s startup winter had thus far impacted only employees, but it appears that even co-founders aren’t immune. Two of the three Sharechat co-founders…

Seven Countries To Sign Up To Use India’s Digital Products, Says IT Minister

January 24, 2023January 24, 2023 OfficeChai Team

India’s digital infrastructure hasn’t only changed how Indians live and operate — UPI has made payments seamless, and Cowin helped more than a…

Zerodha Has Never Hired Anyone From IIT Or IIM, Reveals CEO Nithin Kamath

January 23, 2023January 23, 2023 OfficeChai Team

People with degrees with IITs and IIMs are in hot demand in India’s corporate world, but one of India’s most successful startups has…

Swiggy Lays Off 380 Employees, Is 8th Unicorn To Lay Off Employees In Last Two Weeks

January 20, 2023January 20, 2023 OfficeChai Team

2022 had been billed the year of startup layoffs, but 2023 — in just a fortnight — is already making it look tame…

PhonePe Raises Funds At $12 Billion Valuation, Is Now Worth Nearly Thrice As Much As Paytm

January 19, 2023January 19, 2023 OfficeChai Team

Most of India’s startup ecosystem might be grappling with a funding winter, and employees might be getting laid off everywhere, but a firm…

GoMechanic Admits To Financial Irregularities, Lays Off 70% Employees

January 18, 2023January 18, 2023 OfficeChai Team

India’s startups have been struggling with an unfavourable funding environment in recent months, but more serious issues are now coming to light. GoMechanic…

These Are The Profits And Losses Of The Companies Run By Shark Tank Judges

January 17, 2023January 17, 2023 OfficeChai Team

Entrepreneurs appearing on the hit TV show Shark Tank India are subject to the greatest scrutiny by the “sharks” — they are probed…

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