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 ...
Google’s move is seen as bid by the tech giant to increase it traction in vernacular content space ShareChat had recorded a 166% spike in its monthly active users base from 60 Mn during the pandemic ...
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 ...
Bengaluru-based Indian regional language social platform ShareChat has raised $18.2 Mn in Series B funding round from Xiaomi Singapore and its sister company Shunwei Capital. Existing investors ...
Google and Temasek backed social media unicorn ShareChat is reportedly set to lay off around 5% of its workforce, amounting to 20-30 employees across various departments. Google and Temasek backed ...
ShareChat is expecting EBITDA losses for FY25 to be nearly one-third of FY24 and the consolidated business to start generating positive cash flow by early FY26. The company further said it is on track ...