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Category: Startups

Cloud Software Startup Zoho Reports Profits Of Rs. 1,918 Crore For FY21

February 17, 2022February 17, 2022 OfficeChai Team

India’s high-flying VC-funded startups might be currently mired in losses, but a handful of bootstrapped companies have quietly built massively profitable businesses for…

Vijay Shekhar Sharma Has Lost Rs. 128 Crore Per Day Since Paytm’s Listing

February 16, 2022February 16, 2022 OfficeChai Team

Paytm’s investors have had a torrid time since the stock listed on the public markets on 18th November last year, but one man…

Zerodha’s Profit Jumps 164% To Rs. 1,122 Crore In FY21

February 15, 2022February 15, 2022 OfficeChai Team

Most of India’s highly-funded startups continue to be mired in losses, but a bootstrapped firm has just managed to post the highest ever…

Tata-Backed Cult.Fit Acquires Gold’s Gym Centers Across India

February 14, 2022February 14, 2022 OfficeChai Team

Even as gyms and fitness centers across India struggle to operate amid the pandemic restrictions, there has been some major consolidation in the…

Nykaa Falls 7.5% After Profit Halves Year-On-Year, Zomato Falls 6% After Growth Slows

February 11, 2022February 11, 2022 OfficeChai Team

The quarterly results of two of India’s most prominent tech stocks haven’t brought about cheer for the already-battered sector. Nykaa and Zomato have…

Logistics Firm XpressBees Becomes India’s Latest Unicorn Startup After $300 Million Investment

February 10, 2022February 10, 2022 OfficeChai Team

2021 had been a record year for the Indian startup ecosystem, and had seen an astonishing 43 unicorns being created. We aren’t even…

Home Interiors Startup Livspace Becomes India’s Latest Unicorn After $180 Million Fundraise

February 9, 2022February 9, 2022 OfficeChai Team

Indian startups continue to make inroads into areas that were previously untouched by technology. Home interiors startup Livspace has become India’s latest unicorn…

Kirana-Tech Startup ElasticRun Becomes India’s Latest Unicorn, Now Valued At $1.5 Billion

February 8, 2022February 8, 2022 OfficeChai Team

There’s plenty of buzz around India’s e-commerce space, but companies that are helping modernize traditional kirana stores seem to be unlocking some serious…

Macquarie Cuts Paytm’s Share Price Target To Rs. 700 Following Latest Results

February 7, 2022February 7, 2022 OfficeChai Team

The brokerage house that’s been the most bearish — and the most accurate — about Paytm’s stock has signaled that there could be…

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