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Incoming online payments price war, ShareChat's third round of layoffs - Vimarsana News

Incoming online payments price war, ShareChat's third round of layoffs

With the PA license in place, both Razorpay and Cashfree have set up "war rooms" with executives from across teams. The aim is to reach out to as many waitlisted merchants as possible and convert them into clients.

ShareChat fires 15% staff; inside the rush for a payment aggregator licence - Vimarsana News

ShareChat fires 15% staff; inside the rush for a payment aggregator licence

Vernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in todays ETtech Top 5.

sharechat layoffs: ShareChat lays off about 200 employees across verticals - Vimarsana News

sharechat layoffs: ShareChat lays off about 200 employees across verticals

The 15% headcount translates to about 200 employees at the firm backed by the likes of Google and Temasek Holdings, ET has learnt.

ShareChat lays off 200 employees; lost ₹28,300 crore in valuation in 2023 - Vimarsana News

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

ShareChat's valuation was cut by around $3.4 billion in the span of a year, and the firm has laid off over 800 people in 2023.

This Google-backed company sacks 200 employees, valuation now stands at Rs 28,300 crore - Vimarsana News

This Google-backed company sacks 200 employees, valuation now stands at Rs 28,300 crore

ShareChat, an Indian social networking startup, has been having trouble since this fiscal year when its valuation was slashed by more than half.