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

YourStory LogoYourStory2w ago

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

Quick Summary:

ShareChat's announcement comes within days after the social media company let go of nearly 20% of its workforce citing cost-cutting measures.

The company’s total losses for FY22 stood at Rs 2,988 crore, while revenue from operations grew 4.3 times annually to Rs 347 crore.

Moneycontrol first reported the development citing an internal note written by CEO Ankush Sachdeva.


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ShareChat Co-founders Farid Ahsan, Bhanu Pratap Singh step aside from their active roles - YourStory (Picture 1)ShareChat Co-founders Farid Ahsan, Bhanu Pratap Singh step aside from their active roles - YourStory (Picture 2)

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Article Details

Author / Journalist: Payal Ganguly ( )

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 12:07:35 (2 weeks ago)

News Timezone: GMT +8:00

Ranking: #1142 (out of 10018 stories this day)

News Source URL: yourstory.com

Language: English

Article Length: 332 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 4773218

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 9 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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The story "ShareChat Co-founders Farid Ahsan, Bhanu Pratap Singh step aside from their active roles" was covered 2 weeks ago by YourStory, a news publisher based in India.

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YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news.

The outlet is headquartered in India and publishes an average of 9 news stories per day.

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  • URL: https://beamstart.com/news/sharechat-co-founders-farid-ahsan-16746485594314

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