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ShareChat and Moj are floundering. Can the businesses be fixed?

Mohalla Tech, which operates ShareChat and Moj, is sitting on a mountain of losses. While ShareChat offers users content in regional languages, Moj, a short video platform, was hyped as India’s answer to TikTok—it is struggling to live up to that expectation. But, there’s a way out.

Bengaluru , Karnataka , India , Hindustan , India-general- , Mohalla , China , Chinese , Farid-ahsan , Ankush-sachdeva , Manohar-charan , Deewanshu-gupta

Sharechat gets $49 million funding from investors, aims to be profitable in…

In the last funding round, Sharechat was valued at almost $5 billion.

India , Hindustan , India-general- , Satya-nadella , Bhanu-pratap-singh , Sergey-brin , Farid-ahsan , Google , Temasek , Twitter , Moore-strategic-ventures , India-quotient

India: Social media unicorn ShareChat raises $49m from Temasek, Lightspeed, others

Sharechat's valuation had reportedly shrunk to $1.5b in end-2023 from $5b in 2022.

India , Mohalla , India-general- , Kanpur , Uttar-pradesh , Farid-ahsan , Bhanu-pratap-singh , Twitter , Temasek , Moore-strategic-ventures , Lightspeed-ventures , Tiger-global

Driving the creator economy, this startup lets you own a share of your favourite creator

Driving the creator economy, this startup lets you own a share of your favourite creator
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

Singapore , India , Ankush-sachdeva , Himanshu-garg , Sarthak-misra-softbank , Instagram , Facebook , Youtube , Sahil-singla , Gurugram-based-fanztar , India-quotient , Sharechat-founders

A new hope for avian fauna

At a time when the country’s bird population is shrinking amid habitat loss due to rapid urbanisation, the forest department in Chattogram has taken an initiative to create a haven for avian fauna.

Mahamaya , Khulna , Bangladesh , Mirsarai , Chittagong , Shahansha-naushad , Kabir-tutul , Farid-ahsan , Chittagong-university , Chattogram-north-forest-division ,

Meet IIT grad who failed 17 times, then built Rs 40000 crore company, backed by Google

He also interned at Microsoft for three months and his company is also backed by Google.

India , Kanpur , Uttar-pradesh , Mohalla , India-general- , Bengaluru , Karnataka , Ankush-sachdeva , Farid-ahsan , Bhanu-singh , Facebook , Microsoft

ShareChat to raise $55-65 million via convertible notes at $2.7 billion valuation

ShareChat sees valuation cut by almost half amid funding winter, similar drops in valuations of global social media peers like Snap, X (formerly Twitter)

India , Bhanu-pratap-singh , Farid-ahsan , Twitter , Temasek , Google , Tiger-global , Lightspeed-ventures , India-quotient , Elevation-capital , Sharechat , Iger-global

ShareChat lays off 200 employees; lost ₹28,300 crore in valuation in 2023 – vision mp

ShareChat lays off 200 employees; lost ₹28,300 crore in valuation in 2023 – vision mp
visionmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visionmp.com Daily Mail and Mail on Sunday newspapers.

Mohalla , India-general- , India , Bengaluru , Karnataka , Farid-ahsan , Bhanu-pratap-singh , Google , Economic-times , Mohalla-tech ,

ShareChat lays off 200 staffers as it eyes profitability

Social media unicorn ShareChat has laid off 200 employees, around 15 per cent of its workforce, in another round of layoffs this year to reduce costs and achieve profitability within the next six quarters.

In January, Mohalla Tech Pvt Ltd, the parent company of platforms ShareChat and Moj, fired 500 employees, 20 per cent of its workforce.

The same month, company co-founders Bhanu Pratap Singh and Farid Ahsan also stepped down from executive roles.

Mohalla , India-general- , India , Bhanu-pratap-singh , Dominic-xavier-rediff , Farid-ahsan , Mohalla-tech-pvt-ltd , Business-news , Usiness-news-india , Ndia-business-news , Ndian-economy-news

Social media unicorn ShareChat fires 200 employees in another round of layoffs

The move comes after the company laid off around 600 employees in a similar cost-cutting move earlier this year, as co-founders Bhanu Pratap Singh and Farid Ahsan stepped down from their executive roles

Bhanu-pratap-singh , Farid-ahsan , Sharechat , Emasek , Oogle , Nicorn , Ech-layoffs ,