ShareChat expands convertible debentures round to US$65 million
Round expanded as Singapore-based EDBI joins the round
mohalla-tech
ShareChat CRO Udit Sharma moves on
Sharma joined ShareChat in June last year
ShareChat revenue stands at Rs 719 cr for FY23
ShareChat Coin's ad income has increased 2.3 times to Rs 285 crore in FY23
ShareChat lays off 20% of its workforce
The move comes shortly after parent company Mohalla Tech's decision to shut down its fantasy gaming platform Jeet11 in December 2022
ShareChat hires Rabe Iyer as Head of Agency Business
Prior to this, Iyer held leadership roles at media organizations like Wavemaker MENA, Reliance Broadcast Network, Publicis Groupe Media, Group M’s Motivator, and more
ShareChat raises $520 million in multi-tranche funding round
The company raised $255 million in the second tranche from Google, Times Group, & Temasek
ShareChat’s parent company Mohalla Tech raises $300 million in latest funding rounds
The funding is led by Google, Times Group and Singapore's Temasek Holdings
ShareChat, Moj's parent company reports 764% jump in ad revenue at Rs 77 crore in FY21
The Bengaluru-headquartered company has three revenue streams - advertisement income, gaming, and e-commerce
Moj, ShareChat parent Mohalla Tech raises $266 million
This is Mohalla Tech’s third round of funding in 2021, with $913 million cumulatively raised this year
Mohalla Tech in talks to raise $500-600 mn funding
The size of the fund raise might be increased to $650 million due to interest from foreign investors
Moj & ShareChat parent raises additional $145 million in Series F funding
The investment has been led by Singapore state investor Temasek, Moore Strategic Ventures (MSV) and Mirae-Naver Asia Growth Fund
ShareChat announces first ESOP buyback program worth $19.1 million
The company recently raised over $500 million, taking its valuation to $2.1 billion
ShareChat's parent company reports maiden revenue of Rs 9.38 cr in FY20
The company earned Rs 8.92 crore from advertisements and Rs 45 lakh from e-commerce related services