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Twitter, Google-Backed Indian Social Media Startup Cuts 20% Workforce Amid Pressure From Investors To Reduce Costs
Monday, January 16, 2023 - 5:02am | 483Read More...Indian social media startup ShareChat said on Monday that it laid off around 20% of its staff. What Happened: The short video-sharing platform backed by Alphabet Inc's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google said it was facing increasing pressure from investors to reduce costs. See Also: It's Not Just...
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Snapchat, Twitter-Backed Indian Social Media Unicorn Raises Another $145M
Tuesday, July 27, 2021 - 12:43am | 400Read More...Indian social media startup ShareChat has raised $145 million in its latest funding round, it said in a statement late Monday, as reported by Reuters. What Happened: The funding round was led by Singapore-government-owned Temasek Holdings and Moore Strategic Ventures and values ShareChat at $2.88...
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Snapchat Among Backers Of Indian Social Media Platform In $502M Funding Round
Thursday, April 8, 2021 - 2:54am | 364Read More...Snapchat parent company Snap Inc (NYSE: SNAP) and Twitter Inc (NYSE: TWTR) participated in a $502 million funding round for Indian content sharing platform ShareChat, the latter said in a statement Thursday. What Happened: The Bengaluru-based startup said Tiger Global Management LLC...
