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Category: Stories

India Has 24 Unicorns, Another 52 in The Pipeline: NASSCOM Report

November 7, 2019 Navin Bhatia

India’s overall economy might be in a bit of a slowdown — auto sales are the lowest in years, and several IT companies…

India To Give Startups A 10-Year Exemption From Regulatory Filings

November 5, 2019 OfficeChai Team

India’s startups could soon spend more time working on building their products and acquiring their users, instead of filling out government paperwork. India…

We Sold Our Payments And Logistics Businesses For Less Than What They Were Worth: Snapdeal

November 4, 2019November 4, 2019 OfficeChai Team

Snapdeal had raised eyebrows when it had sold off several of its non-core businesses in quick succession a few years ago, and CEO…

Flipkart Lost Rs. 15 Crore Per Day Last Year

November 1, 2019November 1, 2019 OfficeChai Team

It’s common knowledge that Indian e-commerce companies are currently bleeding money, but it’s hard to appreciate how much money they’re really losing. Two…

Former Unicorn ShopClues Gets Acquired By Singapore-Based E-Commerce Platform For $70-100 Million

October 31, 2019October 31, 2019 OfficeChai Team

Becoming a unicorn is thought to be a badge of honor for a startup — the $1 billion valuation is thought to herald…

Google Pay Has Introduced New Stamps Feature For A Rs. 251 Cashback, And Indians Are Hooked

October 30, 2019October 30, 2019 OfficeChai Team

Indians are no strangers to cashbacks — for the last few years, all kinds of companies have been pampering them with rewards each time they…

Paytm Money’s Beta Version Now Lets Users Buy Shares In Companies

October 29, 2019 OfficeChai Team

Paytm has sought to disrupt many industries over the last decade — payments, movie tickets, event bookings, and even gold purchases. But it might…

Reliance Has Created A $24 Billion Holding Firm To Dominate India’s Digital Space

October 28, 2019 OfficeChai Team

It had been long clear that Jio was just the beginning, and Reliance always had its eyes set on a large digital play….

Apple Has Just Displaced This Unlikely Company To Become The Largest Mobile Payment Service In The US

October 25, 2019 OfficeChai Team

It’s no secret that the US lags behind the rest of the world when it comes to mobile payments — only 55 million…

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