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 ...
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 ...
ShareChat announced a significant improvement in its financial performance for FY25, reporting a 72% reduction in adjusted EBITDA losses to ₹219 crore from ₹793 crore in FY24. Revenue stood at ₹723 ...
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 ...
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 ...
Social media company ShareChat said the firm sees subscription revenue leading growth in FY26, even as ad revenue took a hit in the current fiscal year. The firm recorded an 8% decline to Rs 290 crore ...
Indian content-sharing platform ShareChat has raised $40 million from investors including Twitter Inc and Lightspeed Ventures ...
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.
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