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Category: Startups

RBI Orders Paytm Payments Bank To Stop Onboarding New Customers Over “Supervisory Concerns”

March 11, 2022March 11, 2022 OfficeChai Team

Paytm’s stock was already floundering at the stock markets, but now one of its high-potential growth verticals has also had its wings clipped…

10-Min Grocery Delivery Startup Blinkit Has Laid Off Employees And Delayed Some Vendor Payments

March 10, 2022March 10, 2022 OfficeChai Team

The jury might still be out on whether people need groceries in 10 minutes, but there are already early trends coming in about…

In A First, Drone Delivers Blood From Meerut To Noida In 1 Hour

March 8, 2022March 8, 2022 OfficeChai Team

There has been hype around drone deliveries for a while, but signs are finally emerging that drones could end up as viable means…

CredAvenue Becomes India’s Latest Unicorn Startup, Reaches Milestone In 18 Months

March 7, 2022March 7, 2022 OfficeChai Team

Tech stocks might be getting batted across the globe, and the planet might be staring at the prospect of a third world war,…

Cred Registers Revenue Of Rs. 95 Crore, Loss Of Rs. 524 Crore In FY21

March 4, 2022March 4, 2022 OfficeChai Team

Even as the stock market is souring on loss-making startups, Indian startups keep churning out balance sheets which would make traditional investors squirm….

Ashneer Grover Stole BharatPe’s Money Through Fake Invoices, Says Company

March 2, 2022March 2, 2022 OfficeChai Team

Ashneer Grover might’ve yesterday resigned from BharatPe, but the company seems to be in no mood to let the matter end there. BharatPe…

BharatPe Cofounder Ashneer Grover Resigns From Company, Lambasts Investors In Searing Letter

March 1, 2022March 1, 2022 OfficeChai Team

What had begun with a leaked audio clip has led to a dramatic resignation less than two months later. BharatPe MD and Director…

India’s MPL Acquires German Startup GameDuell, Will Foray Into Europe

February 28, 2022February 28, 2022 OfficeChai Team

For years, large foreign companies have invested in and acquired Indian startups to gain access to the Indian market. But now, Indian startups…

Ashneer Grover’s Plea Against BharatPe Tossed Out By Singapore Arbitration Center

February 27, 2022February 27, 2022 OfficeChai Team

Ashneer Grover’s gambit to turn to Singapore to delay BharatPe’s investigation against him hasn’t quite turned out as planned. BharatPe co-founder and managing…

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