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Category: Startups

Shipping Software Startup Shiprocket Becomes India’s Latest Unicorn, Now Valued At $1.2 Billion

August 17, 2022August 17, 2022 OfficeChai Team

The last decade had seen Indian e-commerce companies attain unicorn status, with startups like Flipkart, Snapdeal, Shopclues and Paytm Mall all being valued…

WeWork’s Founder Adam Neumann’s New Startup ‘Flow’ Becomes A Unicorn Even Before Its Launch

August 16, 2022August 16, 2022 OfficeChai Team

Tech stocks across the world might be in freefall, startups might be hunkering down for the funding winter, but Adam Neumann has managed…

Ola Announces New Electric Car With 500 Km Range, Says It’ll Do 0-100 Km In 4 Seconds

August 15, 2022August 15, 2022 OfficeChai Team

Ola’s electric scooters might be beset with controversy, but that isn’t stopping the company from pushing forward with its electric initiatives. Ola has…

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…

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