ShareChat

ShareChat reduces staff by 15% in a bid to reduce expenses

ShareChat co-founders Farid Ahsan, Bhanu Pratap Singh step aside from their active roles

The move by ShareChat comes just days after the social media startup let off over 20% of its workers, citing cost-cutting measures.

ShareChat Layoffs: ShareChat fires 20% of its staff, affecting over 400 workers

ShareChat has also been laid off. On January 16, 2023, the Mohalla Tech-owned corporation announced the departure of around 20% of its personnel. ShareChat layoffs have affected almost 400 staff. Prior to this wave of layoffs, ShareChat let off over 100 staff in December 2022.

ShareChat to raise $300 million in a funding round to be lead by Google

Google, Snap to invest in Indian start-up ShareChat