Homegrown social media company ShareChat reported improved financial performance for FY24, with significant reductions in operational losses. With its core ShareChat app achieving profitability and ...
Indian social media startup ShareChat, backed by Twitter, Tiger Global and Temasek, is shutting down its fantasy sports platform Jeet11 and has laid off some employees. People familiar with the matter ...
The short-form video market in India has faced challenges, particularly since TikTok’s 2020 ban. (Image/FB) Social networking platform ShareChat expects its apps, ShareChat and Moj, to turn profitable ...
NEW DELHI (Reuters) - Indian content-sharing platform ShareChat is in early-stage talks with U.S.-based Sequoia Capital and some other investors to raise up to $200 million, which could value the ...
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 ...
ShareChat, a social media platform, reported a 33% year-on-year increase in revenue for FY24, reaching Rs 718 crore, compared to Rs 540 crore in FY23. The company also significantly reduced its ...