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 ...

Tech giants are running out of avenues for growth. In the search for their next batch of users, most of them have turned their attention to India, where more people have logged onto the internet for ...

ShareChat is set to lay off around 20-30 employees, constituting approximately 5% of its workforce, as part of its annual performance review process to cut costs. This follows previous job cuts, ...

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 ...

Social media platform ShareChat has reportedly announced plans to lay off approximately five per cent of its workforce, which could amount to 20-30 employees.(depositphotos.com) ShareChat is set to ...

Social media platform ShareChat is set to lay off around 5% of its workforce following its annual performance review, according to a report by MoneyControl. ShareChat is owned by Bengaluru-based ...

Homegrown social media company ShareChat reported improved financial performance for FY24, with significant reductions in operational losses. With its core ShareChat app achieving profitability and ...

Homegrown social media platform ShareChat said it aims to become a cash flow positive company in about a year even as the organisation formally announced the closure of raising $49 million in debt ...

Among its two platforms, ShareChat has been profitable since October, while the company is expecting its short video app Moj to be profitable by June. (Reuters) Mohalla Tech, which owns vernacular ...

Google-backed homegrown social media firm Sharechat has closed a $49 million debt financing through convertible debentures from existing investors-Lightspeed, Temasek, Alkeon Capital, Moore Strategic ...

In today's ExchangeWire news digest: Indian content-sharing platform ShareChat reach USD $2.1bn in value after a fresh funding round; Ireland's Data Protection Commission investigate whether Facebook ...