ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup's valuation to as low as below $1.5 billion, according to two sources familiar with the ...

SAN FRANCISCO--(BUSINESS WIRE)--Redpanda, the streaming data pioneer, today announced that ShareChat, India’s largest social media company, achieved a 70% reduction in cloud infrastructure costs with ...

ShareChat raised the funds by issuing convertible debentures to Singapore-based fund EDBI, which is a new investor in the startup In April, Inc42 exclusively reported about ShareChat raising $49 Mn ...

The Bengaluru-based company also saw its adjusted EBITDA losses dropping by 67% to INR 793 Cr from INR 2,400 Cr in FY23 The company claims to have achieved EBITDA profitability in October 2024, with a ...

Jain’s departure marks the third high-profile exit from ShareChat this year – the other two to quit the vernacular social media platform were Anurag Verma, head of people and culture and Shashank ...

Ankush Sachdeva faced 17 startup failures before co-founding ShareChat. ShareChat grew to 160 million users, supporting 15 Indian languages by 2021. The platform's valuation reached Rs 40,000 crore ...

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Add Yahoo as a preferred source to see more of our stories on Google. ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup's valuation to as ...