ShareChat Adds Fresh ESOPs Worth $123 Million: Report
The intent behind increasing the ESOP pool is to increase employee ownership, and motivate talent.
Source: outlookindia.com
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Top News In Mohalla Tech Today - Breaking & Trending Today
Singapore's EDBI in talks to invest in Indian startup unicorn Mohalla Tech
Another investor from Singapore is also in the fray to back the startups' over $60m round.
Source: dealstreetasia.com
After Magzter, Dailyhunt-parent to pursue acquisitions more aggressively
VerSe Innovation is on an acquisition spree to strengthen its core businesses, including news and infotainment, short-videos, and ad-tech. The acquisitions will be funded through a combination of cash and stock, co-founder Umang Bedi said.
Source: livemint.com
Crypto bill to require KYC data sharing; Indian platforms join live commerce rush : Tech News
Crypto bill to require KYC data sharing; Indian platforms join live commerce rush India's cryptocurrency bill will require crypto exchanges to share know-your-customer (KYC) data of their users with various regulators and government agencies for scrutiny, sources told us. It will also call for a uniform KYC process for all crypto exchanges, which currently have
Source: rashtranews.com
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.
Source: livemint.com