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 ...

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 ...

ShareChat is set to lay off around 20-30 employees, constituting approximately 5% of its workforce, as part of its annual performance review process to cut costs. This follows previous job cuts, ...

Tech giants are running out of avenues for growth. In the search for their next batch of users, most of them have turned their attention to India, where more people have logged onto the internet for ...

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 ...

ShareChat has announced the appointment of Nitin Jain as Chief Technology Officer. In this role, Nitin will be helming the development and application of technology across both ShareChat and Moj ...

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 ...

With over 86% of Indians preferring content in their native language and 88% finding local language ads more impactful, India's consumer landscape demands a cultural-first approach. With 6 in 10 users ...

NEW DELHI, Feb 10 (Reuters) - The parent company of India's ShareChat has acquired local rival MX's short-video platform in a roughly $700 million deal, two sources told Reuters, as competition heats ...

With 220 million users, India is considered to be one of the world’s largest smartphone markets. While English is well-spoken, (statistics are hard to come by with official figures), it’s not the ...