ShareChat trims workforce by 15%, sees valuation cut

Potential investors are hesitant due to the company’s high valuation expectations compared to its current low revenue.

21 December, 20231 min
0
ShareChat trims workforce by 15%, sees valuation cut

You may also like

Internet
Story image

Atlys is an ambitious gimmick

The online visa startup stands out for its on-time visa and refund guarantees, far from the standard industry practice. It might be enough to attract anxious travellers for now, but the real test lies in making money out of this model in the longer term.

Internet
Story image

Pot calling the kettle black: Albinder’s quick-commerce paradox

The Blinkit CEO calling out irrationality while fuelling it is yet another example of a quick-commerce player hoping to outlast rivals in a classic game of one-upmanship.

Internet
Story image

India made Truecaller a tech behemoth. Now it is slowly stifling the company

For over a decade, the Swedish caller ID company thrived on India’s lightly regulated digital ecosystem. Now, it faces some existential questions in its largest market.