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 ...
ShareChat, the Indian social media startup backed by Twitter, Google, Tiger Global and Temasek, has laid off 20% of its workforce — or over 400 employees — just a month after eliminating more than 100 ...
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 ...
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 ...
SAN FRANCISCO--(BUSINESS WIRE)--Redpanda, the streaming data pioneer, today announced that ShareChat, India’s largest social media company, achieved a 70% reduction in cloud infrastructure costs with ...
Online messaging apps ShareChat and Arattai have announced plans to roll-out new features on their platforms in compliance with the SIM-linking norms. ShareChat’s new log-in update will be available ...
The latest piece in ShareChat’s content stack has become one of its biggest growth engines. The regional social media platform launched its microdrama vertical, Quick TV, in February 2025 and has seen ...
BENGALURU, Jan 16 (Reuters) - India's ShareChat, a short video-sharing platform backed by Google (GOOGL.O), opens new tab and Temasek, said on Monday it let go of around 20% of its employees, as ...