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Xiaomi Planning To Sell Its Stakes In Indian Startups

Xiaomi's ambitions of competing with Google play store in India and investing $1 Bn in startups received a setback post-2020

United arab emiratesIndia generalAli babaCalvin tseMohalla tech privateForeign exchange management actGoogle playGoogle play storeEnforcement directorateManu jainWork indiaOye rickshawPlay storeXiaomi marketKrazy beeMohalla tech private limited

ShareChat s FY21 Loss Up, Expenses Jump To INR 1,543 Cr

ShareChat’s net loss widened 114% to INR 1,446.4 Cr in FY21, regulatory filings by its parent company Mohalla Tech Private Limited showed.

India generalAnkush sachdevaFarid ahsanBhanu pratap singhMohalla tech privateMohalla tech private limitedLightspeed venturesTimes internet

Exclusive: ShareChat Raises $77 Mn From Google & Temasek

After months of speculation, the parent company of ShareChat will be receiving $77.7 Mn or INR 607 Cr from Google and Temasek.

India generalAnkush sachdevaFarid ahsanBhanu pratap singhPawan munjalNaver asia growth fundMohalla tech privateMohalla tech private limitedVerse innovationMohalla techTimes internetTiger globalLightspeed venturesMoore strategic venturesMirae naver asia growthAlkeon capital

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