Mohalla Tech News
In FY24, the company’s adjusted EBITDA loss was Rs 793 crore. Earlier, it was Rs 2,400 crore in FY23, according to its financials.
The deal is valued at around $600-$700 million.
The combined short video app is pegged to be the largest in the country.
The app will cater to more than 300 million monthly active users.
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