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Category: Startups

As Zomato’s Stock Price Has Crashed, Small Investors Have Bought It In Large Numbers: Zerodha CEO

July 28, 2022 OfficeChai Team

Zomato’s stock might be getting battered at the stock markets, but there’s a class of people who’re buying it in droves — small…

As Zomato Shares Crash, Here’s How Rakesh Jhunjhunwala Had Predicted Their Fall In 2021

July 26, 2022July 26, 2022 OfficeChai Team

Zomato’s shares have crashed nearly 25% in the last two days, the stock has destroyed over Rs. 70,000 crore of investor wealth, and…

Zomato Shares Crash 12%, Company’s Market Cap Falls Below Last Private Valuation

July 25, 2022July 25, 2022 OfficeChai Team

Anniversaries are usually a time for celebration, but the first anniversary of Zomato’s listing on the stock markets has brought little cheer for…

Burger Singh Raises Rs. 30 Crore, To Open 120 Outlets In Six Months

July 24, 2022July 24, 2022 OfficeChai Team

While India’s tech startups might be struggling amidst a funding winter through lowered valuations and layoffs, their non-tech counterparts seem to be doing…

Paytm Looks To Exit As BCCI Sponsor, Byju’s Owes The BCCI Rs. 86 Crore: Reports

July 22, 2022July 22, 2022 OfficeChai Team

Indian startups had been one of the most enthusiastic sponsors of cricket tournaments over the years, but as the funding winter has set…

Aditya Birla Group Enters B2B E-Commerce Space For Building Materials, Will Invest Rs. 2,000 Crore

July 19, 2022July 19, 2022 OfficeChai Team

It’s not just hotshot startups that are building e-commerce solutions for buying and selling construction materials — one of India’s oldest business houses…

Blinkit To Shut Down Many Backend Warehouses To Merge With Zomato’s Hyperpure: Report

July 18, 2022July 18, 2022 OfficeChai Team

Zomato’s acquisition of Blinkit was thought to unlock synergies between the two companies’ delivery fleets, but it appears that the companies will also…

Blockchain Startup 5ire Becomes India’s 105th Unicorn, Now Valued At $1.5 Billion

July 15, 2022July 15, 2022 OfficeChai Team

The crypto industry is in shambles — bitcoin is down 70% from its peak, several major exchanges are shutting down and getting liquidated,…

OneCard Becomes India’s Latest Startup Unicorn, Now Valued At $1.4 Billion

July 14, 2022July 14, 2022 OfficeChai Team

The world might be staring at the prospect of a recession, and startups might be laying off employees in record numbers, but India…

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