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SHARECHAT PROFITABILITY
India Quotient partner Gagan Goyal to quit as churn at top VC funds in India continuesGagan Goyal, a general partner at India Quotient, is leaving the early-stage venture capital firm, according to people aware of the matter....
Kuku FM's parent confidentially files for Rs 3,500 crore IPOAudio and video platform Kuku has confidentially filed draft papers with Sebi for a Rs 3,500 crore IPO. The company aims for a Rs 15,000 cr...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
Inside the jury shaping the One Of A Kind Startup AwardsThe One of a Kind Startup Awards 2026, presented by The Economic Times and Cashfree Payments, is seeking India's most promising internet-fi...
Eloelo reports FY25 operating revenue at Rs 69.5 crore; expenses jump 67% on marketing spendsAs the live social entertainment startup’s business expanded, its expenses rose in tandem. Since its founding in July 2020 by Saurabh Pande...
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 ...
Creative local content, regional uptake driving short-form video demand: CFO ShareChatIn an interview with PTI, Charan said the company is on the brink of being EBITDA (earnings before interest, taxes, depreciation and amorti...
ShareChat to lay off another 5% employees to cut costsThe Google-backed vernacular social media firm plans to reduce its total employee count to 500 by March 2025. It had 650-700 employees as o...
Oyo investors sell stake; TikTok’s US ban explainedHappy Thursday! Early investors in Oyo are in talks with a group of family offices to part-sell their stakes. This and more in today’s ETte...
ShareChat parent Mohalla Tech reports 33% rise in FY24 operating revenue, 67% fall in Ebitda lossesFor the parent firm of the vernacular social media platform ShareChat and short video app Moj, live streaming contributed 56% to total oper...
ShareChat raises $16 million in debt financing; lays offs 5% of workforceThe new funding was provided by EDBI, a Singapore-based fund, which is also an investor in the home design and renovation platform Livspace...
ShareChat valuation drops 60% to under $2 billion post new fundingTwitter and Google-backed homegrown social media firm Sharechat has closed $49 million in debt financing through convertible debentures fro...
Byju’s India CEO out; ShareChat valuation drops 60%Byju’s India CEO Arjun Mohan has resigned after just six months in the job. Founder Byju Raveendran will fill in the role for now. This and...
ShareChat cuts 200 jobs in third round of layoffs this yearHeadcount reduction linked to company plan to secure funding based on financial goals
ShareChat fires another 15% staff; inside the rush for a payment aggregator licenceVernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in today’s ETtech Top 5.
ShareChat appoints Gaurav Jain as chief business officerJain takes over at an important juncture for ShareChat. Company sources said revenue has gone up from Rs 332.69 crore in FY22 to Rs 540.21 ...
ShareChat parent’s FY23 losses jump 38% to Rs 4,000 croreMohalla Tech CFO Manohar Charan said the company is looking to cut its losses to below Rs 1,000 crore in the ongoing financial year as it r...
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 valuation jumps to $2.1 billion with $502 million fundraiseSocial network plans to acquire 1 billion users, build creator economy
ShareChat meets Sher KhanFrom Sharechat and Gupshup becoming India's latest startup unicorns, to Amazon touting its job creation milestone in India, here's a quick ...