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SHARECHAT CEO PROFITABILITY
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...
- 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 ...
- Zomato lays off 500 employees from customer service rolesZomato, now Eternal, laid off around 500 junior staff from its ZAAP programme, citing performance issues. This is the biggest job cut at an...
- Apple’s entry-level iPhone refresh; Cognizant alleges trade theftApple unveils its latest entry-level variant, the iPhone 16e, which offers strong performance at a lower price. This and more in today’s ET...
- 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 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...
- Razorpay, Cashfree eye lost market share, ShareChat’s third round of layoffsWith the PA license in place, both Razorpay and Cashfree have set up "war rooms" with executives from across teams. The aim is to reach out...
- 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 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...
- SMEs log into local apps for hyperlocal connectSmall businesses across the country are banking on advertising on homegrown apps for a pan India reach. Industry watchers said the short fo...
- Homegrown companies on hiring spree as Big Tech sheds talentThough the absolute hiring number is not huge since Indian startups are themselves going through funding woes, the roles span product, grow...
- 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...
- Age of consent fixed at 18 in data protection law; growth at all cost not a sustainable strategy: ShareChat CEOAfter elaborate discussions with stakeholders, the Digital Personal Data Protection (DPDP) Bill has fixed the age of consent at 18. This wo...
- New influencer rules ‘will raise transparency & costs’; PhonePe’s India shift cost Rs 8,000 crore: CEOLast Friday, India’s Department of Consumer Affairs announced new guidelines for social media influencers and celebrities, saying they must...
- Tax sops top crypto, gaming firms’ budget demands; govt urged to mandate local storage of dataThe crypto industry meanwhile has asked the government to reduce the 1% TDS on crypto transactions, and review income tax provisions to all...
- Layoffs at MPL, FrontRow; ShareChat set for $300M windfallEdtech firm FrontRow and gaming firm Mobile Premier League announced mass layoffs, joining a host of startups that have sacked employees in...
- Salary BubbleIn today's ETtech Morning Dispatch newsletter: Indian tech salaries are shooting up to unprecedented levels, Catamaran Ventures may back Ud...
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