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ANKUSH SACHDEVA
ShareChat parent narrows FY25 Ebitda loss by 72%, bets big on micro dramasOperating revenue for the fiscal year stood at Rs 723 crore, up slightly from Rs 718 crore in the previous year. The company said its core ...- ShareChat appoints TikTok’s Nitin Jain as CTOAs CTO, Jain will lead the development and application of technology across both ShareChat and Moj platforms. Jain has played a key role in...
- ShareChat founders secure $3 million in funding for industrial robotics startupThe new company, called General Autonomy, will build artificial intelligence-driven machines to automate parts of labour workflows in facto...
- Interview | Focus is on profitability, growth at all costs never sustainable: ShareChat CEOThe Bengaluru-based firm, backed by Twitter and Snap Inc, has cut its cash burn down by a third compared to the same time last year, ShareC...
- ShareChat cofounders Farid Ahsan and Bhanu Pratap Singh to step downSharechat cofounders Bhanu Pratap Singh and Farid Ahsan will step down from their active roles at the social media platform, cofounder and ...
- ShareChat sacks over 500 employees; Paytm Payments Bank gets RBI nod to be Bharat Bill Payment Operating UnitOn Monday morning we reported that ShareChat was set to join the growing list of Indian startups that have laid off employees amid a brutal...
- ShareChat fires about 500 employees in fresh layoffs, CEO says company ‘overestimated the market’For the affected employees at ShareChat’s parent firm, the company is provided a financial package that includes a payout for the notice pe...
- ‘A very difficult decision’: Sharechat CEO Ankush Sachdeva emails sacked employeesMohalla Tech, which raised $255 million in funding in June 2022, joins the growing list of startups that have laid off employees to cut cos...
- Web3 creator monetisation platform Fanztar raises Rs 5 crore in funding led by India QuotientFanztar plans to use the funds to develop new products and expand its technological and commercial teams. Fanztar will also use the capital...
- Short Video app Moj to help creators earn Rs 3,500 crore over 3 yearsThe programme includes grooming through preliminary and advanced genre-based training courses, mentorship, spotlight programs, and in-depth...
- ShareChat parent raises $266 million at $3.7 billion valuationThe investment was led by Alkeon Capital with participation from new and existing investors including Temasek, Moore Strategic Ventures (MS...
- ShareChat parent to buy back ESOPs worth $19 millionThe ShareChat ESOP buyback plan comes a few months after the regional language social media platform raised $502 million at a valuation of ...
- ShareChat adds $14 million to its Esop poolThe startup on Wednesday also announced 50% additional Esops as bonus for employees already holding shares in the company.
- ShareChat adds $14 million to its ESOP pool, taking its ESOP pool to $35 millionThe scheme would be applicable for the existing employees who were on the company’s payroll on June 30, 2020. Presently, ShareChat employs ...
- ShareChat hires back half of laid-off employees, expected to add another 150-200 in six monthsShareChat had let go 101 employees, or about a fourth of its workforce in May, citing an unpredictable advertising market amid the Covid-19...
- ShareChat lays off 101 employees as advertising market tanksThe laid-off employees will have the option of taking a ‘garden leave’ of 2 months or half the salary for four months. Garden leave is a pr...
- ShareChat names Manohar Charan as new vice presidentHe led a series of M&A transactions when he was with PropTiger, including acquisitions like Housing.com and Makaan.com.
- Sharechat to stay focused on users, unique contentTwitter-backed Sharechat’s daily active user number has been broadly flat over the last six months, according to data sourced from tracker ...
- Twitter, TrustBridge help ShareChat close $100 million roundFirm plans to use funds to hire tech talent; may set up centre in Silicon Valley.
- ShareChat raises $1.35 million in seed funding led by SAIF PartnersThe Bengaluru-based firm was also selected for the second batch of the Google's Launchpad accelerator in Mountain View, California, along w...
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