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1 min read

Sharechat acquires hyperlocal information platform which was started by its former employee

With the acquisition, the existing 15-member Circle Internet team has joined ShareChat. "The …

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2 mins read

ShareChat's Moj forays into social commerce, advertisements and hopes its creators will earn $450 million in three years

Sharechat-owned short video app Moj is looking to help the creators on its platform generate $450 m…

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2 mins read

ShareChat to acquire short video platform MX TakaTak for around ₹4,500 crore

In 2021, Mohalla Tech cumulatively raised $913 million, at a valuation of $3.7 billion. Whe…

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2 mins read

Sharechat is now valued at $2.88 billion, with a $145 million fundraise

Mohalla Tech, the parent company Moj and ShareChat, has raised $145 million as an extension of its …

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Sharechat employees will make $19 million out of the latest ESOP plan, as growth spikes in the absence of TikTok

Mohalla Tech, the parent company of vernacular social media platform ShareChat and short video app …

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5 mins read

ShareChat is growing its team from 250 to 400 as it moves to monetize its 60 million user base

As ShareChat is now starting its monetization journey, it is not only reaching out to brands to par…

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Byju’s insider says the US SPAC offer values company at $48 billion

Edtech giant Byju’s — which is leading the Indian startup ecosystem with the highest valuation — ha…

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Online travel booking portal Cleartrip to increase its workforce by 400 by the end of this year

Cleartrip to increase its workforce to 700 employees, a three-fold increase from October last year.…

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2 mins read

Ratan Tata’s fund-backed Axio Biosolutions raises $6 million to strengthen its position in India

Axio Biosolutions, which develops hemostatic and advanced wound care products, has raised $6 millio…

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3 mins read

The cost of selling its IPO has eroded nearly all of Nykaa's profit

Beauty and fashion ecommerce platform Nykaa — which wowed the Indian investors with its stellar deb…

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4 mins read

INTERVIEW: Grofers founder explains why he rushed to rebrand the startup and his plans seem ambitious

“We were doing it [rebranding and focusing on faster delivery] out of the mind that we either out-i…

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3 mins read

Debt-free MakeMyTrip sets aside money for investment opportunities — while its own revenue is down 95%

However, the company has also managed to cut down its adjusted net losses to $21.3 million, from…

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5 mins read

There are a few reasons why Zomato wants $8 billion valuation from its IPO — here's a look at if it makes sense

Food delivery platform Zomato, which started as an online restaurant finder, is all set to raise $1…

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5 mins read

Bolo Indya expects its creator base to grow by 300% by March 2021 after adding a P2P e-commerce service

We don’t want to create a story of user growth but of user retention and impact: Varun Saxena, Bolo…