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SHARECHAT VALUATION
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...13 May, 2026, 09.17 AM IST- 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...16 Jan, 2025, 09.06 AM IST
- 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...04 Aug, 2024, 09.21 AM IST
- 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...16 Apr, 2024, 07.11 AM IST
- ShareChat cuts 200 jobs in third round of layoffs this yearHeadcount reduction linked to company plan to secure funding based on financial goals20 Dec, 2023, 09.08 PM IST
- ShareChat CCO Ajit Varghese resigns, to leave company in JanuaryVarghese joined the company in 2020 as its CCO. He was pivotal in expanding the platform’s revenue efforts and building a monetisation appr...28 Dec, 2022, 11.27 AM IST
- ShareChat lays off 5% of employees, shuts fantasy gaming vertical Jeet11In June, ShareChat had announced a fundraise of $520 million from Google, Times Group and Temasek via multiple tranches. The round helped t...02 Dec, 2022, 08.02 PM IST
- Byju’s may go public with SPAC; Indian startups raised $6.8B in NovThe company is in advanced negotiations to go public by merging with a so-called blank cheque company that raised more than $1.3 billion in...16 Dec, 2021, 07.40 PM IST
- 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...16 Dec, 2021, 12.42 PM IST
- Of ShareChat's valuation & Grofers' express rushFrom ShareChat's new fundraising to Grofers joining the express delivery rush and Flipkart moving to SC challenging Karnataka HC order, her...28 Jul, 2021, 05.27 PM IST
- Google in talks with ShareChat as latter scouts for $150-200 millionShareChat owns a regional language social media platform that competed with ByteDance's recently banned Helo and a new short-video app Moj,...17 Aug, 2020, 07.56 AM IST
- Twitter may invest more than $50 million in ShareChatShareChat is among a new crop of regional-language content players tapping the next 100 million internet users in India.07 Jun, 2019, 08.07 AM IST
- ShareChat drags Bytedance to court over copyright rowBesides mentioning of ad-words ‘ambushing’, ShareChat in its submissions on Friday also alleged that Helo was a “complete copy” of its prod...31 Oct, 2018, 07.28 AM IST
- ShareChat raises Rs 720 crore, valuation may touch Rs 3.3k crRound led by Shunwei Capital, along with Morningside & DST Global affiliate Jesmond.20 Sep, 2018, 08.44 AM IST
- ShareChat Valuation Jumps 7x to $460 millionRound led by existing backer Shunwei Capital with new investors Morningside and a DST Global affiliate19 Sep, 2018, 09.27 PM IST
- ShareChat raises $18.2 million from Xiaomi, ShunWei, othersThe funds raised are being used for machine learning and artificial intelligence technology, with a major focus on expanding both the techn...19 Jan, 2018, 08.25 AM IST
- Regional networking app Sharechat pings Shunwei Capital, Xiaomi for $15-million investmentRegional language social app likely to be valued at $70 million post the fundraise and will use the newly-raised capital for product improv...28 Sep, 2017, 10.35 AM IST
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