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Category: Stories

Paytm Spent Rs. 7200 Crore To Make Rs. 3300 Crore Last Year

September 11, 2019 OfficeChai Team

The math behind how startups work is weird, but it’s easy to forget how weird it really can be. Paytm’s parent company spent…

Paytm Looking To Pick Up A Stake In Yes Bank For Rs. 2000 Crore: Reports

September 10, 2019September 16, 2019 OfficeChai Team

Paytm CEO Vijay Shekhar Sharma’s banking dreams didn’t quite come to fruition with Paytm Payments Bank. He’s now looking to up the ante…

New Madhya Pradesh Law Proposes To Fine Cab Aggregators Rs. 1000 When Their Drivers Cancel A Ride

September 9, 2019 OfficeChai Team

All these years, cab aggregators like Uber and Ola have imposed penalties on users when they cancel a booked ride. But the Madhya…

Zomato Fires 541 Employees At Its Gurgaon Head Office

September 7, 2019 OfficeChai Team

It’s been a hard couple of months for Zomato. After courting controversy with its stand on a customer requesting a partner of a…

PhonePe’s Valuation Is Now Rs. 50,000 Crore: Morgan Stanley

September 6, 2019 OfficeChai Team

When Walmart had acquired Flipkart last year at a valuation of $21 billion, some eyebrows had been raised — it was felt that…

Paytm Has Just Launched A Cloud Computing Arm Called Paytm Cloud

September 5, 2019September 5, 2019 OfficeChai Team

There appears to be no limit to the verticals that Paytm wants to enter. After stuffing its app with nearly every service under…

Swiggy Takes Dunzo Head On, Launches Swiggy Go For Package Deliveries

September 4, 2019September 4, 2019 OfficeChai Team

Swiggy isn’t content with delivering food from restaurants, and groceries and household products through Swiggy Daily — it now wants to deliver anything at all….

To Compete With Jio, Airtel Launches Its Own Smart-Stick And Internet-Enabled Set Top Box

September 3, 2019September 3, 2019 OfficeChai Team

Reliance’s JioGigaFiber is transforming yet another industry. Three days before JioGigaFiber’s official launch, Airtel has announced the launch of Xtream, a new platform…

UPI Has Officially Beaten Both Debit Cards And Credit Cards In India

September 1, 2019 OfficeChai Team

Technology has officially disrupted India’s payments space. UPI payments, launched in 2016, now account for more volume and value of transactions than credit…

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