Mohalla Tech, parent of ShareChat and Moj, expanded its debt round to $65 million with an additional $16 million from Singapore-based EDBI. Earlier, it raised $49 million from existing investors. The funds will enhance their tech stack and consumer transactions. ShareChat laid off 5% of its workforce recently and faced a significant valuation drop to under $2 billion. The company spent Rs 4,000 crore to earn Rs 533 crore in FY23, recording a Rs 3,241 crore loss.