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Category: Startups

Proxy Advisory Firm IIAS Opposes Vijay Shekhar Sharma As Paytm CEO, Asks Shareholders To Vote Him Out

August 12, 2022 OfficeChai Team

Paytm’s stock has been floundering since its listing last year, and now rumblings have begun about the performance of its top management. Proxy…

Oyo Acquires Denmark-Based Vacation Homes Company Bornholmske Feriehuse

August 10, 2022August 10, 2022 OfficeChai Team

Indian startups might be struggling with slashed valuations and concerns over follow-up funding rounds, but they’re still looking to expand their global footprint…

Softbank’s Vision Fund Lost $21.4 Billion In The Last Quarter, Decides To Reduce Headcount

August 9, 2022August 9, 2022 OfficeChai Team

Startup layoffs had thus far impacted only companies, but now they’ve reached the doors of the largest startup investor in the world. Softbank…

India Is Seeking To Ban Chinese Smartphones Under Rs. 12,000 To Encourage Local Brands: Reports

August 8, 2022August 8, 2022 OfficeChai Team

India had banned hundreds of Chinese apps a couple of years ago, but it could go ahead and hit China where it hurts…

Zepto, Blinkit Quietly Delete 10-Minute Grocery Delivery Promise From Their Websites

August 7, 2022August 7, 2022 OfficeChai Team

India’s 10-minute grocery revolution had started off with a bang, but it seems to be ending with much less fanfare. Zepto and Blinkit…

Nykaa Acquires Local Content And Discovery Platform LBB In All-Cash Deal

August 5, 2022August 5, 2022 OfficeChai Team

India’s digital media startups of the last decade had sought to disrupt the world of content, but most have now ended up as…

Swiggy To Officially Let Employees Work On Side Projects With New Moonlighting Policy

August 4, 2022August 4, 2022 OfficeChai Team

The coronavirus pandemic has not only changed where employees work from by bringing remote work to the mainstream, but it’s also changing what…

Uber Sells Its Entire 7.8% Stake In Zomato For Rs. 3,100 Crore

August 3, 2022August 3, 2022 OfficeChai Team

Zomato’s stock might be down over 70% from its all-time highs, but Uber has chosen to end its ride with the food delivery…

PhonePe Alleges Paytm Employees Burnt Its QR Codes, Files Police Complaint

August 2, 2022August 2, 2022 OfficeChai Team

PhonePe and Paytm might be battling amongst themselves to build a new Digital India, but the tactics to get there seem to be…

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