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 ...
Bengaluru-based social-media platform ShareChat reportedly terminated 200 employees on Wednesday following an official statement citing "strategic restructuring" and the need to "streamline the ...
ShareChat, the Indian social media platform, announced today that co-founders Bhanu Pratap Singh and Farid Ahsan have stepped down from their active roles in the company. According to a ShareChat ...
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 ...
ShareChat’s paren said it trimmed its adjusted EBITDA loss by 72% to INR 219 Cr in FY25 from INR 793 Cr in the previous fiscal on the back of cost-cutting measures The startup’s operating revenue grew ...
Google-backed homegrown social media firm Sharechat has closed a $49 million debt financing through convertible debentures from existing investors-Lightspeed, Temasek, Alkeon Capital, Moore Strategic ...
The TakaTak acquisition was aimed at strengthening Moj’s position in the burgeoning short video app space but it ended up being a INR 816 Cr write-off The ShareChat-owned app’s MAUs fell 25% in 2023 ...
Indian unicorn ShareChat has laid off around 20% of its workforce in a bid to cut costs amid global headwinds. Mohalla Tech, which owns the video-sharing app, said it made the "difficult" decision due ...
In a multi-tranched funding round, ShareChat has raised $255 million from Google, Times Group and existing investors at $5 billion valuation, adding to the $266M raised earlier in December 2021. Since ...
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