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Category: Startups

Byju’s Announces It’s Laying Off 2,500 Employees, Says It Wants To Be Profitable In 5 Months

October 12, 2022October 12, 2022 OfficeChai Team

The ed-tech winter has already affected several unicorn startups, but the largest of them all is now officially letting go of a large…

Zomato CEO & Senior Managers Themselves Deliver Orders Once A Quarter, Reveals Investor

October 9, 2022October 9, 2022 OfficeChai Team

Zomato’s leadership team might’ve minted money at its IPO, but they still seem to be willing to get their hands dirty to understand…

40-60 Indian Startups Could Be Sustainably Profitable In 3 Years: InfoEdge’s Sanjeev Bikhchandani

October 2, 2022October 2, 2022 OfficeChai Team

India has no shortage of unicorn startups, but only a handful actually make money. But one of the most respected voices in India’s…

India’s Amazon-Flipkart Challenger ONDC Goes Live In Bangalore

September 30, 2022September 30, 2022 OfficeChai Team

Much has been written about the potential of India’s homegrown e-commerce platform ONDC, and how it could curb the rising dominance of Amazon…

These Are The Net Worths Of India’s The Richest Startup Founders Under The Age Of 40

September 28, 2022September 29, 2022 OfficeChai Team

Running a startup isn’t always easy — you need to think of an original idea, convince investors and raise money, and then battle…

Softbank Slashes Oyo Rooms’ Valuation To Just $2.7 Billion, Down From $10 Billion Just 3 Years Ago

September 23, 2022September 23, 2022 OfficeChai Team

The travel space is just beginning to recover from the effects of the pandemic, but the impact of the sustained lockdowns on valuations…

19-Year Old Zepto Co-founder Becomes First Teenager On India’s Rich List, Is Worth Rs. 1000 Crore

September 22, 2022September 22, 2022 OfficeChai Team

India’s startups not only allowing people to create ridiculous amounts of wealth, but they are also letting them create it at ridiculously young…

Oyo Rooms’ Revenue Rises By 18%, Loss Falls By 45% In FY21

September 20, 2022September 20, 2022 OfficeChai Team

As the pandemic has ebbed away, businesses that were left most impacted in its wake are beginning to look up as well. Oyo…

Ola Lays Off 200 Engineers, Could Terminate 300 More

September 19, 2022September 19, 2022 OfficeChai Team

Many of Ola’s ambitious bets towards becoming a super-app haven’t quite worked out as intended, and the company’s employees are now bearing the…

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