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Category: Startups

10-Minute Grocery Delivery App Zepto, Founded By Two 19-Year-Olds, Now Valued At $225 Million

November 1, 2021November 2, 2021 OfficeChai Team

India’s incumbent grocery delivery firms have been arguing about the merits of 10-minute deliveries, but a startup founded by two 19-year-olds has gone…

Adani Group Picks Up 20% Stake In Flight Booking Platform Cleartrip

October 31, 2021October 31, 2021 OfficeChai Team

Even as Reliance and the Tatas have strung together a series of startup acquisitions towards their super-app plans, a third Indian conglomerate seems…

Online Grocer BigBasket Opens Its First Physical Store In Bangalore

October 30, 2021October 30, 2021 OfficeChai Team

The more things change, the more they remain the same. Online grocer BigBasket, which had looked to disrupt physical outlets that sell groceries,…

Bajaj Says It’ll Eat Companies Like Ola “For Breakfast”, Ola CEO Fires Back

October 29, 2021October 29, 2021 OfficeChai Team

India’s electric scooter space has barely got off the ground, but the trash talking appears to have already begun among companies vying for…

Insurance Startup Acko Becomes India’s Latest Unicorn, Now Valued At $1.1 Billion

October 28, 2021October 28, 2021 OfficeChai Team

2021 has been a heady year for India’s startup ecosystem, and it continues to churn out unicorns with metronomic regularity. Insurance startup Acko…

IPO Was Desperate Contingency Plan, Had 6 Months Of Cash Left In Bank: Zomato CEO

October 27, 2021October 27, 2021 OfficeChai Team

Zomato’s IPO has been seen as one of the biggest successes of India’s startup ecosystem — the startup became India’s first unicorn to…

Groww’s Valuation Rises 12x In A Year, Now Valued At $3 Billion

October 26, 2021October 26, 2021 OfficeChai Team

This year, as many as 30 Indian startups have entered the unicorn club — their valuations had surged to touch the $1 billion…

Paytm Trolls PhonePe After It Starts Charging Processing Fees On Phone Recharges

October 23, 2021October 23, 2021 OfficeChai Team

India’s payments space is now several years old, but the rivalries among the top players seem to be as fierce as ever. Paytm…

Nykaa’s IPO To Open On 28th Oct, To Seek Valuation Of $7.4 Billion

October 22, 2021October 22, 2021 Guest Author

Unicorns startups were so named because they were thought to be rare — it wasn’t easy for young tech companies to touch a…

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