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Category: Stories

Oyo CEO Ritesh Agarwal Announces Layoffs In Email To Employees, 20% Of India Staff Could Be Cut

January 14, 2020January 14, 2020 OfficeChai Team

Oyo’s long-rumoured layoffs are finally official. Oyo CEO Ritesh Agarwal has written to his employees announcing that Oyo would be cutting staff in…

Paytm Runs Front Page Ads With Spelling Mistake In Its URL

January 13, 2020 OfficeChai Team

When you’re moving fast and breaking things, it seems that it’s not always possible to pay attention to typos. Paytm today splurged on a…

Income Tax Officials Conduct “Recovery Survey” At Oyo’s Gurgaon Office

January 11, 2020 OfficeChai Team

Oyo Rooms has found itself smack in the middle of another controversy.  The Income Tax authorities have conducted a “recovery survey” at the…

Zomato Raises $150 Million From Alibaba’s Ant Financial, Valuation Rises From $2.1 Billion $3.1 Billion

January 10, 2020 OfficeChai Team

Zomato has built up its arsenal as it continues its to grind it out with Swiggy for dominance over India’s food tech space. Zomato…

Byju’s Valued At $8 Billion After New Fundraise, Becomes India’s Third Most Valuable Startup

January 9, 2020 OfficeChai Team

For a company that wasn’t even worth $1 billion until 20 months ago, Byju’s is having a dream run.  Byju’s is now worth…

Apple’s Airpods Alone Made More Money In 2019 Than Twitter, Snapchat And Spotify Combined

January 8, 2020January 9, 2020 OfficeChai Team

Apple is the most valuable company in the world, and is widely thought to be the most successful tech company of a generation….

Comparing The Startup Ecosystems In Israel And India

January 6, 2020January 6, 2020 OfficeChai Team

Both India and Israel have seen a lot of success in each country’s startup ecosystem, at home and on the global level. But…

Tesla Is Now Worth Twice As Much As Century-old Carmaker Ford

January 6, 2020 OfficeChai Team

Disruption can take a while to arrive, but when it does, there’s no mistaking the signs. After a surge in its stock price,…

Oyo Rooms Created Fake Hotel Listings To Impress Investors, Alleges New York Times Report

January 3, 2020January 11, 2020 OfficeChai Team

Over the last couple of years, Oyo Rooms has grown at a pace that has astonished observers — it claims to be the largest hotel…

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