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Redpanda the streaming data pioneer today announced that ShareChat Indias largest social media company achieved a 70 reduction in cloud infrastructure costs with the help of Redpandas Bring Your Own Cloud BYOC deployment option.
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 ...
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.
Mohalla Tech, the parent company of ShareChat and the creator of the short video platform Moj, has raised $255 million (almost Rs 2,000 crore) in capital from Google, the Times Group (publisher of this newspaper), and other investors.