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 ...
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 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 ...
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 ...
The Bengaluru-based company also saw its adjusted EBITDA losses dropping by 67% to INR 793 Cr from INR 2,400 Cr in FY23 The company claims to have achieved EBITDA profitability in October 2024, with a ...
Gaurav Jain, Chief Business Officer of ShareChat, has decided to step down from his position. In the interim, the company's Chief Financial Officer, Manohar Charan, will take over business operations.