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Category: Startups

Zomato’s Rs. 7,875 Crore IPO Gets SEBI Nod, Could Go Public As Early As This Month

July 5, 2021July 5, 2021 OfficeChai Team

India’s first startup unicorn IPO could be just a month away. The Securities and Exchange Board of India (SEBI) has formally approved Zomato’sĀ application…

Having Raised Just $4.5 Million, Bangalore-Based PlaySimple Gets Acquired For $360 Million

July 4, 2021July 4, 2021 OfficeChai Team

The most valuable startups aren’t necessarily created with the most fanfare. Bengaluru-based game developer PlaySimple has been acquired for $360 million (Rs. 2,700…

Ola Unveils New Electric Scooter With Video Showing CEO Bhavish Aggarwal Riding It Through Bangalore

July 2, 2021July 2, 2021 OfficeChai Team

Ola has been building up to its new electric scooter for months now, and customers finally have a first look at what the…

Flipkart Launches Social-Commerce Platform Shopsy To Take On Meesho, Shopify

July 1, 2021July 1, 2021 OfficeChai Team

Flipkart isn’t content with using Walmart’s massive marketing muscle to help sell goods — it’s now trying to get entrepreneurs from across India…

Who Stands Where: How India’s Grocery Delivery Space Is Shaping Up

June 30, 2021June 30, 2021 OfficeChai Team

India’s startup space has had an incredible year — 16 new unicorn startups have been created, record levels of funding have been raised,…

Grofers Becomes India’s Latest Unicorn After $120 Million Investment From Zomato

June 29, 2021June 29, 2021 OfficeChai Team

Even as a veteran Indian startup unicorn is about to go public, it has taken another startup through to the unicorn club. Grofers…

There Are Just 42 Lakh Indian-Americans, But They Have Co-founded 67 US Startup Unicorns

June 27, 2021June 27, 2021 OfficeChai Team

India has been marveling at the 15 startups which have attained a $1 billion valuation in 2021 at home, but Indian-origin startup founders…

Newly-Minted Unicorn PharmEasy Acquires 66% Stake In Thyrocare For Rs. 4,546 Crore

June 25, 2021June 25, 2021 OfficeChai Team

It’s not only large Indian conglomerates who’re snapping up companies in the healthcare space — brand new startups are doing it too. Newly-minted…

Grofers Gives “No Ifs No Buts” 33% Salary Hike To All Tech, Product And Data Employees

June 23, 2021June 23, 2021 OfficeChai Team

India’s startup funding bonanza of 2021 hasn’t only created 15 new unicorns, but it’s also helped in pushing up the salaries of existing…

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