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Category: Startups

Meesho Becomes India’s Latest Unicorn, Raises Funds At $2.1 Billion Valuation

April 5, 2021April 5, 2021 OfficeChai Team

It’s raining startup unicorns in India. Online marketplace Meesho has become the fifth Indian startup to join the unicorn club this year. Meesho…

Indian Broadband Forum Writes To TRAI About Elon Musk’s Starlink Internet, Seeks To Block Its Launch

April 4, 2021April 23, 2021 OfficeChai Team

Elon Musk’s ambitious Starlink broadband service has hit a roadblock in India, even before it’s become operational. Broadband India Forum (BIF), a think…

India Freezes TikTok’s Bank Accounts For Alleged Tax Evasion, Company Says It’s Finding It Hard To Pay Salaries

April 1, 2021April 1, 2021 OfficeChai Team

When TikTok had been first banned in India in June last year, the company had tried to put up a brave face, hinting…

Amazon Acquires Retail Tech Startup Perpule For Rs. 108 Crore

March 31, 2021March 31, 2021 OfficeChai Team

The world’s biggest e-commerce company has shown that it isn’t averse to purchasing niche Indian tech players to quickly grow its offline presence….

Personal Data Of 10 Crore Mobikwik Users Allegedly Leaked In What’s Claimed To Be India’s Biggest Hack

March 30, 2021March 30, 2021 OfficeChai Team

Even as the number of Indians that have come online has skyrocketed in recent years, so have the associated risks. Mobikwik has allegedly…

Byju’s Raises $460 Million, Now Valued At Over $13 Billion

March 29, 2021March 29, 2021 OfficeChai Team

Byju’s seems to be fast closing in on the spot of India’s highest-valued startup. Byju’s has raised $460 million (Rs. 3,328 crore) as…

Five Star Finance Becomes India’s Latest Unicorn, Now Valued At $1.4 Billion

March 28, 2021March 28, 2021 OfficeChai Team

India’s unicorn glut from 2020 seems to be extending well into 2021. Chennai-based non-banking lender Five Star Business Finance has raised $234 million…

NPCI Caps UPI Transactions To 30% For Any Single App, PhonePe & GPay Could Soon Stop Onboarding New Users

March 26, 2021March 28, 2021 OfficeChai Team

The National Payments Corporation of India has provided greater detail into how it plans to make sure that no single entity can have…

Dream11 Doubles Valuation In 6 Months, Raises Funds At $5 Billion Valuation

March 25, 2021March 25, 2021 OfficeChai Team

Dream11 is having a bit of a dream run of late. After touching the $1 billion valuation mark in April 2019 and becoming…

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