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Category: Startups

Paytm Mall’s Valuation Has Fallen From Rs. 21,000 Crore To Rs. 100 Crore In 3 Years

May 17, 2022May 17, 2022 OfficeChai Team

While wins in high-stakes business moves can often yield some eye-popping results, the failures can be just as dramatic. Paytm Mall’s valuation has…

Swiggy Acquires Restaurant Booking Platform Dineout In Estimated $200 Million Deal

May 13, 2022May 13, 2022 OfficeChai Team

Swiggy has finally followed Zomato into the physical dining space. Swiggy has announced that it is acquiring Times Internet-owned Dineout. While the terms…

Ola Electric’s CTO And CMO Have Quit Within Days Of Each Other

May 12, 2022May 12, 2022 OfficeChai Team

Even as customer complaints mount over Ola’s much-hyped scooter, its management team seems to be making a beeline for the exit. Ola Electric’s…

Swiggy Shuts Down Supr Daily In 5 Out Of 6 Cities, Temporarily Suspends Swiggy Genie

May 11, 2022May 11, 2022 OfficeChai Team

Even as Zomato’s stock is getting battered at the stock markets, its chief rival is already appears to be cutting costs to help…

BharatPe Says It Has Initiated Action To Claw Back Ashneer Grover’s Restricted Shares

May 10, 2022May 10, 2022 OfficeChai Team

It might’ve been several weeks since Ashneer Grover was fired from BharatPe, but the company doesn’t seem willing to let the matter rest…

Oyo Rooms Acquires Europe-Based Vacation Rental Startup Direct Booker

May 9, 2022May 9, 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…

Zomato CEO Donates Stock Worth Rs. 700 Crore For Education Of Children Of Delivery Partners

May 6, 2022May 6, 2022 OfficeChai Team

Even as Zomato’s stock is getting battered at the stock markets, its CEO has given away a chunk of it towards the upliftment…

After Unacademy Had Laid Off 1000 Employees, Vedantu Fires 200

May 5, 2022May 5, 2022 OfficeChai Team

While the world appears to be breathing a sigh of relief at the coronavirus pandemic appearing to finally recede into the distance, there’s…

Open Becomes India’s 100th Unicorn Startup, Raises Funds At $1 Billion Valuation

May 2, 2022May 2, 2022 OfficeChai Team

In 2011, InMobi had become India’s first unicorn. Eleven years and many twists and turns later, Open has become its 100th. Neobanking platform…

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