ShareChat sacks 5% of its employees, shuts Jeet11

The closing of ShareChat’s fantasy game segment Jeet11 resulted in the firing of between 100 and 120 employees. Over 2,500 employees work for the startup that is backed by Twitter.

In 2020, Jeet11 was introduced as ShareChat’s response to Dream11, which also has the support of New York-based investment firm Tiger Global.


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