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ShareChat lays off less than 5% of its workforce, shuts fantasy sports app Jeet11

Homegrown social media company ShareChat (Mohalla Tech Pvt Ltd) has laid off less than 5 per cent of its employees after it shut down its fantasy sports platform called Jeet11, the company confirmed on Friday.Backed by Twitter, Google, Snap and ...
New Delhi Ankush Sachdeva Farid Ahsan Bhanu Pratap Singh Sharechat Mohalla Tech Pvt Ltd Sharechat Mohalla Tech Pvt Ltd Is India

India's next growth story has to have a regional focus, says ShareChat's Ajit Varghese

In June, ShareChat raised $255 million and reached $5 billion in valuation. Moj has grown to become a popular short video app with over three times daily active users and two times daily time spent per user compared to its nearest domestic competitor, according to the company.
India General Ajit Varghese Times Group Business Today Chief Commercial Officer Social Media Company

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