ShareChat raises $49 million at 60% valuation cut

ShareChat knows that this is the company’s last attempt at a turnaround. It is unlikely that investors will buy ShareChat’s story after this and the company will receive more funding; so the business needs to start sustaining itself soon.

15 April, 20243 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
ShareChat raises $49 million at 60% valuation cut

You may also like

Business
Story image

Infra.Market’s debt binge before IPO sets alarm bells ringing

The platform’s pre-IPO debt funding raises fresh questions about cash flows and SEBI’s role. Investors will do well to take note.

Internet
Story image

What about Lightspeed?

One of the few remaining foreign venture capital funds in India, Lightspeed has had a rather quiet year—especially when compared to some of its peers. The 2026 IPO pipeline may be the reset it needs.

Internet
Story image

There’s more to Paytm’s optimistic results than meets the eye

Cost-cutting measures and growth from a low base make Paytm’s numbers appear better than they are. What comes next will be closely watched by investors who now have other fintech bets to consider.