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Category: Startups

Info Edge Acquires Majority Stake In Former Housing CEO Rahul Yadav’s New Startup

June 1, 2022June 1, 2022 OfficeChai Team

You can’t keep a good man down, and you can’t keep a dogged entrepreneur down either. Info Edge, which runs portals including Naukri.com,…

ShareChat Raises $300 Million In Round Led By Google, Now Valued At $5 Billion: Report

May 31, 2022May 31, 2022 OfficeChai Team

Amidst the doom and gloom of layoffs, downrounds, and crashing tech stocks, there finally a bright spot on the startups ecosystem horizon. Sharechat…

Gaming Unicorn MPL Lays Off 100 Employees, Ed-Tech Startup FrontRow Lays Off 30% Of Its Workforce

May 30, 2022June 3, 2022 OfficeChai Team

Around this year time last year, there had been a nonstop stream of Indian startups raising large rounds and entering the unicorn club….

Funding Winter Is Here, We Must Focus On Profitability: Unacademy CEO Gaurav Munjal

May 26, 2022July 11, 2022 OfficeChai Team

You know that the startup winter is well and truly here when some of the most profligate names in the business begin talking…

Investors Sequoia Capital, Y-Combinator Warn Startup Companies Of Upcoming Downturn

May 25, 2022June 3, 2022 OfficeChai Team

Startup investors make most of their money from being able to spot trends early, and they now seem to be in unison about…

Logistics Startup Delhivery Goes Public, Shares Rise 10% On Opening Day

May 24, 2022May 24, 2022 OfficeChai Team

India’s startups might have had a torrid few months at the stock markets, but new IPO from a freshly-minted unicorn appears to have…

Zomato’s Revenue Rises 75% In Q4, But Losses Triple

May 23, 2022May 23, 2022 OfficeChai Team

Many of India’s tech startups are now public companies, but they seem no closer to making profits than they’d been when they were…

HealthTech Startup MFine Lays Off More Than 500 Employees After Reportedly Running Short Of Funds

May 22, 2022May 22, 2022 OfficeChai Team

What had begun as a trickle of layoffs in India’s startup ecosystem is quickly turning into a deluge. Health-tech startup MFine has laid…

Zilingo Fires Cofounder & CEO Ankiti Bose Over “Serious Financial Irregularities”

May 20, 2022May 20, 2022 OfficeChai Team

It’s not just employees who’re being laid off from startups in recent weeks — founders too are feeling the heat. Fashion platform Zilingo…

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