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Category: Stories

Curefit Lays Off 600 Employees, After Laying Off 800 In May

July 19, 2020 OfficeChai Team

Startups that have been the worst-hit by the coronavirus pandemic are continuing to try to cut costs. Fitness startup Curefit has laid of…

JioMart Makes All Deliveries Free, Launches App To Take On Amazon And Flipkart

July 18, 2020 OfficeChai Team

The now-familiar push for dominance by Reliance, as seen in its telecom and broadband plays, has now begun for JioMart. JioMart has made…

Twitter Accounts Of Bill Gates, Elon Musk, Jeff Bezos Hacked In Unprecedented Global Scam

July 16, 2020July 16, 2020 OfficeChai Team

The most high profile — and audacious — hacking scam in history might have just taken place. The official Twitter accounts of several high-profile…

Google Buys A 7.7 Percent Stake In Jio For Rs. 33,700 Crore

July 15, 2020 OfficeChai Team

The list of Jio Platforms’ investors was already formidable, but it’s now looking like the who’s who of the global technology industry. Google…

Walmart Puts In $1.2 Billion In Flipkart At A Valuation Of $24.2 Billion

July 14, 2020 OfficeChai Team

Many had questioned Walmart’s decision to acquire a majority stake in Flipkart at a valuation of $21 billion in 2018, but the decision…

After Facebook’s Investment In Jio, Google Announces $10 Billion Indian Fund

July 13, 2020 OfficeChai Team

After emerging as a proxy battlefield for American e-commerce companies — Amazon and Walmart currently own India’s two biggest e-commerce players — India is…

Nykaa Comes Under Fire For Exposé On Toxic Work Culture And Employee Bullying By CXOs

July 12, 2020July 13, 2020 Monica Bansal

Online cosmetics and beauty products retailer Nykaa has come under social media fire for verbal harassment and employee bullying at the hands of…

Zomato, Ixigo Reinstate Employee Salaries As Firms Look To Recover From Covid Setback

July 12, 2020 OfficeChai Team

Startups across the board had cut employee salaries as the Covid crisis had hit and business outlook had looked uncertain, but some of…

We Are Willing To Buy Back China’s Tencent’s Investment In PolicyBazaar: CEO Yashish Dahiya

July 10, 2020 OfficeChai Team

An Indian unicorn with a significant Chinese investment has just set the bar for the Boycott China movement, which is quickly spreading across…

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