ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup's valuation to as low as below $1.5 billion, according to two sources familiar with the ...

Social media startup ShareChat's valuation has fallen to $2 billion from nearly $5 billion following a new funding round, a source familiar with the situation told TechCrunch, marking a steep decline ...

Tech giants are running out of avenues for growth. In the search for their next batch of users, most of them have turned their attention to India, where more people have logged onto the internet for ...

India has long been deemed one of the next key battlegrounds for tech companies looking for growth outside the U.S., and a lesser-known social platform based in the country is increasingly bubbling up ...

Social media platform ShareChat is set to lay off around 5% of its workforce following its annual performance review, according to a report by MoneyControl. ShareChat is owned by Bengaluru-based ...

With 220 million users, India is considered to be one of the world’s largest smartphone markets. While English is well-spoken, (statistics are hard to come by with official figures), it’s not the ...

Social media platform ShareChat has reportedly announced plans to lay off approximately five per cent of its workforce, which could amount to 20-30 employees.(depositphotos.com) ShareChat is set to ...

ShareChat said on Thursday it has raised a new financing round that values it at over $2 billion, joining four other local startups in attaining the unicorn status this week. The Indian social network ...

NEW DELHI, Feb 10 (Reuters) - The parent company of India's ShareChat has acquired local rival MX's short-video platform in a roughly $700 million deal, two sources told Reuters, as competition heats ...

With improved financial metrics, the company expects to start investing back into growth and is on "actively" lookout for inorganic opportunities through acquisitions. Organic growth will happen ...