sharechat
11 ARTICLES
ShareChat to trim workforce by another 5%
Since January 2023, the homegrown social media firm has seen multiple rounds of layoffs to cut costs.
15 Jan 2025
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 Apr 2024
What does SoftBank know about India that others don’t?
Masayoshi Son seems reluctant to invest in the country amid an unfavorable investment environment and pricey startup valuations. Separately, no end in sight for ShareChat’s troubles.
22 Dec 2023
The deceit of India’s TikTok clones
A lot of money was spent on building a home-grown social media success story. The only thing that got built was fundraising pitch decks.
16 Oct 2023
ShareChat is scaling down its fact-checking operations
The loss-making social media platform, which had tied up with third-party firms to fight misinformation during the 2019 general elections, has seemingly decided not to renew their contracts ahead of the upcoming polls.
29 Sept 2023
Dailyhunt fundraise a signal that self-reliance pitch works
The $200 million that it has attracted in under two months indicates a broader revival of interest in made-in-India apps.
12 Feb 2021
ShareChat and a prayer
Once a promising Indian social network, ShareChat lost its way, and is now hoping to make a comeback in the absence of ByteDance’s Helo and TikTok.
11 Aug 2020
