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Interview | Focus is on profitability, growth at all costs never sustainable: ShareChat CEO

23 February 2023

The Bengaluru-based firm, backed by Twitter and Snap Inc, has cut its cash burn down by a third compared to the same time last year, ShareChat founder and CEO Ankush Sachdeva told ET.

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Local language social media startup ShareChat, which undertook one of the largest layoffs among Indian startups last month, will prioritise scaling up revenue and treat each business on its short-term ability to generate cash flows, its founder told ET.
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