For the parent firm of the vernacular social media platform ShareChat and short video app Moj, live streaming contributed 56% to total oper...

Twitter and Google-backed homegrown social media firm Sharechat has closed $49 million in debt financing through convertible debentures fro...

With 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...

Headcount reduction linked to company plan to secure funding based on financial goals

Though the absolute hiring number is not huge since Indian startups are themselves going through funding woes, the roles span product, grow...

The 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...

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more ...

Sharechat cofounders Bhanu Pratap Singh and Farid Ahsan will step down from their active roles at the social media platform, cofounder and ...

Google parent Alphabet on January 20 announced that it plans to layoff about 12,000 employees or 6% of its global workforce.

The year 2023 has not been good for tech workers globally as 91 companies have laid off more than 24,000 tech employees in the first 15 day...

The latest developments at ShareChat, Dunzo and Rebel are an extension of what has transpired in the so-called new economy over the last si...

On Monday morning we reported that ShareChat was set to join the growing list of Indian startups that have laid off employees amid a brutal...

For the affected employees at ShareChat’s parent firm, the company is provided a financial package that includes a payout for the notice pe...

In June, ShareChat had announced a fundraise of $520 million from Google, Times Group and Temasek via multiple tranches. The round helped t...

In November 2020, the National Payments Corporation of India announced controversial new rules that sought to cap the market share of indiv...

Edtech firm FrontRow and gaming firm Mobile Premier League announced mass layoffs, joining a host of startups that have sacked employees in...

The 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...