Why would two unicorns with real potential merge 🤦‍♀️

The TG is the same tho. So I see why the rumor

Product Marketing Manager

Private Equity

Corporate Strategist

Welcome to Indian Startups's Private Community

Sharechat and Meesho Merger

Venture Capital

Sharechat and Meesho Merger- Grapevine

Sharechat and Meesho are merging. Common investor Elevation Capital brokering the deal.

Program Manager

Is it true that Sharechat and Meesho are merging? Anybody know more?

Journalist

True that Meesho and sharechat are looking to merge?

Meesho & Sharechat

Software Engineer

Not trying to be a critic here, nor trying to tarnish the reputation. But just wondering why does employee friendly policies like these change so quickly?

Do investors and leaders get FOMO? Hey Amazon has called everyone to office so let's do it too. Or does the Work from anywhere policy was temporarily to attract good talent?

FYI, this remote policy was scrapped within 1 year of implementing it.

Meesho 2022 vs 2024

Analyst

Today there was a startup that raised $300 million dollars. I have never seen people around me use this product. Even when I go to my native villages and tier 3 towns no one I have heard uses this product.

Are these guys faking metrics to please investors or is there any genuine customer base?

E-Com Startup $300 million fund raise

Read growthX report that meesho earn from delivery commission? is this true ? They are showing free delivery and fooling people 😂

Meesho fake promises

Product Manager

Welcome to News Discussion's Private Community

Heard they have just few months of runway left. Is this true?

Sharechat in deep trouble

Swiggy hits EBITDA profitability on its food delivery business. For context, Zomato turned EBITDA profitable in their last quarter (food delivery) as well. Thoughts?

Investment Associate

I know this might be a one off, but even if they are close to profitable/break even quarters, this can become a strong business

Big if true, given Meesho’s scale

I dont trust a single words come out of the CXO’s mouth in case of startups. All bullshiting and hyping

Engineering Manager

Sharechat raises 50M USD via Convertible Debentures from existing investors. The picture isn't as rosy as what it seems. Plus, twitter bio suggests that they are now positioning as an AI powered content platform? Welcome to the peak AI era. Time to jump off the AI bandwagon when normies start chanting AI AI AI.

Sharechat valuation slashed by 60% 🚨

Yep, this is the exact headline that should have been put out for Meesho's raise. VCs will literally do anything to help a startup IPO and then throw the retail investors under the bus.

Meesho to burn $300M

Founder’s Office

Will these cash burning companies just continue raising money and biding time or will they implode soon?
Not well informed on this, genuinely want to know how this works
And what happens to their 1000s of employees

What will happen to BYJUs/Sharechat type companies?

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

Meesho started layoffs !!!!

Software Developer

Meesho ESOPs

Growth Manager

https://techcrunch.com/2024/05/10/meesho-an-indian-social-commerce-with-150m-transacting-users-secures-275m-in-new-funding/ 

In current climate, great to see they’re able to raise! Folks at Meesho, some questions: 

- does anyone know if this is a down round?
- how’s the climate inside Meesho? Appraisals, hiring etc 
- are all employees allowed to sell in the secondary?

Sharechat and Meesho Merger

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