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Category: Stories

Bengaluru Is India’s Highest Paying City, Says Randstad 2019 Report

December 20, 2019 Navin Bhatia

According to Randstad Insights Salary Trends Report, 2019, Bengaluru remains India’s highest paying city for the third year in succession. The average annual…

Oyo To Lay Off 2000 Employees By Next Month: Report

December 19, 2019 OfficeChai Team

Oyo might have seen its valuation jump from less than $1 billion to $10 billion in just over a year, but many of…

Byju’s Reports Net Income Of Rs. 20.16 Crore, Becomes Only Profitable Consumer Unicorn Startup In India

December 18, 2019 OfficeChai Team

India’s consumer internet unicorns are known for their flashy offices, their outspoken founders, and to no less degree, their burgeoning losses.  But there’s…

Swiggy’s Losses Rise 6x To Rs. 2,364 crore In FY 19, Revenues Up 2.7x

December 17, 2019 OfficeChai Team

As Swiggy’s footprint expands over India, its losses are ballooning too. Swiggy saw its losses rise sixfold to Rs. 2,364 crore in the…

Google Recommends That The US Build UPI-Like System For Its Domestic Payments

December 16, 2019 OfficeChai Team

In the 70 odd years of its history, India has managed to create a handful of truly iconic institutions of international repute —…

Reliance Has Acquired Hyderabad-Based SaaS Startup NowFloats For Rs. 140 Crore

December 14, 2019 OfficeChai Team

Reliance has been building its digital arsenal in recent months, and it now has another name in its kitty — Hyderabad-based SaaS startup…

Delivery Hero To Buy South Korea’s Woowa for $4 Billion 

December 13, 2019 Navin Bhatia

  It is the world’s biggest food delivery app deal. Germany’s Delivery Hero has agreed to buy its South Korean rival top food…

Facebook, Google No Longer Among Top 10 Best Places To Work: Glassdoor’s 2020 List

December 12, 2019December 12, 2019 Navin Bhatia

  The times in Silicon Valley, they are a changin’.  According to annual rankings released by Glassdoor, Silicon Valley giants Facebook and Google…

Saudi Arabia’s Aramco Starts Trading At 10% Premium, Immediately Becomes World’s Most Valuable Public Company

December 11, 2019 OfficeChai Team

The world’s biggest IPO has just created the world’s most valuable publicly-traded company. Saudi Arabia’s state-owned oil company Aramco began trading in public…

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