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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, 2024•3 min
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15 April, 2024•3 min
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Swiggy sits out the quick-commerce race—and risks losing it
Investors eager to ride India’s quick-commerce boom are already losing confidence in Swiggy. A Rs 7,300* crore war chest and little urgency, its restraint is starting to hurt.
