Jun 18, 2021 01:36 PM IST
This is the firm's first buyback announcement. Nearly 200 existing and former employees with vested options are eligible to participate in this process and can sell up to 100 percent of their vested shares in the present stock valuation
- May 04, 2021 08:40 PM IST
The New York-based firm has taken part in 100 investment rounds in last three months, raising a total of $22.2 billion for private tech companies.
- Apr 09, 2021 08:17 PM IST
For the longest time, startup IPOs in India have been a mirage. Companies have spoken about them as a distant goal but no real desire to go public was seen.
- Apr 09, 2021 07:36 PM IST
Ten Indian startups have become billion-dollar valued companies or unicorns in the first four months of 2021. Of this, six turned unicorns this week on consecutive days.
- Apr 08, 2021 03:22 PM IST
India Quotient's investment in social media firm ShareChat was ridiculed and questioned by many for years. While some questions still linger, the investment is an unmitigated success, and investors expect the unicorn to have a monthly revenue of $40-50 million in 2-1/2 years. Here's how and what happened.
- Apr 08, 2021 10:59 AM IST
ShareChat gained early traction and saw investors including Lightspeed, Elevation Capital (SAIF Partners), Shunwei Capital and Xiaomi invest.
- Apr 06, 2021 07:43 AM IST
ShareChat is set to catapult to the unicorn club, raising funds up to $200 million led by Tiger Global and others. The ban on TikTok and other Chinese apps triggered a wave of hypergrowth for the company, set to be valued at $2 billion. Sources say it has managed to rise above a litany of competitors in the short video space with its Moj app.
- Nov 24, 2020 11:38 AM IST
ShareChat’s founders may continue to maintain a small stake in their company even once the deal with Google goes through
- Oct 11, 2020 08:45 PM IST
ShareChat, which has already developed Natural Language Processing models in languages such as English and Hindi, is now looking at the Indianised version of the model.
- Aug 24, 2020 11:45 AM IST
Backed by SAIF Partners and Venture Highway, Circle Internet provides locally relevant information to Indian language internet users across tier-II and -III cities and currently has a presence in more than 120 districts across Uttar Pradesh, Rajasthan and Kerala.
- Aug 07, 2020 09:01 AM IST
ShareChat's popularity rose after the Indian government banned 59 Chinese apps, which included video sharing platform TikTok.
- Jul 01, 2020 03:27 PM IST
The platform has seen more than one lakh posts supporting the government’s move towards banning Chinese applications.
- Apr 27, 2020 01:07 PM IST
ShareChat claims to have around 6 crore monthly active users and aims to cross the 12-crore mark by the end of 2020.
- Aug 28, 2019 12:01 PM IST
The Centre plans tighter rules for social media brands like Facebook, TikTok and ShareChat
- Aug 16, 2019 03:52 PM IST
Existing investors including Shunwei Capital, Lightspeed Venture Partners, SAIF Capital, India Quotient and Morningside Venture Capital also participated in the funding round.
- Jun 07, 2019 12:47 PM IST
ShareChat was founded in 2015 by Ankush Sachdeva, Bhanu Singh and Farid Ahsan.
- Nov 23, 2018 01:24 PM IST
Parties like YSR Congress in Andhra, Jana Sena Party in Telangana and Andhra, Telangana Rashtra Samiti and Communist Party of India (Marxist) in Kerala are active users of ShareChat.