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Eloelo reports FY25 operating revenue at Rs 69.5 crore; expenses jump 67% on marketing spendsAs the live social entertainment startup’s business expanded, its expenses rose in tandem. Since its founding in July 2020 by Saurabh Pande...- Micro dramas fastest-growing video segment, to hit $4.5 billion by 2030: LumikaiMicro dramas are poised for significant growth, projected to reach $4.5 billion by 2030 with 31% annualised growth. This mobile-first conte...
- ShareChat parent narrows FY25 Ebitda loss by 72%, bets big on micro dramasOperating revenue for the fiscal year stood at Rs 723 crore, up slightly from Rs 718 crore in the previous year. The company said its core ...
- Streaming now: Startups, VCs chase India’s micro drama content playAs micro-dramas reel in larger audiences, VCs are ramping up investments in local OTT startups replicating China’s success. Along with star...
- ShareChat CBO Gaurav Jain steps down amid leadership shakeupJain’s departure marks the third high-profile exit from ShareChat this year – the other two to quit the vernacular social media platform we...
- Micro-drama OTT platform Flick TV raises $2.3 million in round led by Stellaris Venture PartnersGemba Capital and Titan Capital participated in this round. According to founder Kushal Singhal, the funds will be used to scale content pr...
- ShareChat launches WhatsApp Branded Shares in beta for advertisersThe new feature allows advertisers to append their ad with the content every time a post from ShareChat or Moj is shared on WhatsApp.
- ShareChat CCO Ajit Varghese resigns, to leave company in JanuaryVarghese joined the company in 2020 as its CCO. He was pivotal in expanding the platform’s revenue efforts and building a monetisation appr...
- Dukaan joins hands with ShareChat, Moj for merchants, creatorsDukaan, ShareChat, Moj will acquire another sales channel to grow their presence beyond SEO and Social Ads.
- Indian short-video apps see $19 billion monetisation opportunity by 2030: reportAt present, only 1% of the overall digital advertising spends accrue to short video apps, according to the report.
- Web3 creator monetisation platform Fanztar raises Rs 5 crore in funding led by India QuotientFanztar plans to use the funds to develop new products and expand its technological and commercial teams. Fanztar will also use the capital...
- Tamil Nadu Elections 2021 | ShareChat experiments with political ads as AIADMK, DMK woo votersShareChat is currently running a pilot campaign with the AIADMK for the upcoming Tamil Nadu elections. DMK MLA Palanivel Thiagarajan has al...
- ShareChat names Ajit Varghese as its Chief Commercial OfficerPrior to joining ShareChat, Varghese was the Global President at Wavemaker, a WPP-group global media network.
- ShareChat bets big on vernacular audiences with micro-influencers, user generated contentShareChat claims to have executed campaigns for over 25 top companies in the last few months and has been getting repeat campaigns.
- Sharechat to stay focused on users, unique contentTwitter-backed Sharechat’s daily active user number has been broadly flat over the last six months, according to data sourced from tracker ...
- ShareChat to hire 100-150 people; further strengthen presence in tier II citiesThe company is now looking at also stepping out on its monetisation efforts. It has been running different pilots and is engaging with diff...
- Twitter may invest more than $50 million in ShareChatShareChat is among a new crop of regional-language content players tapping the next 100 million internet users in India.
- ShareChat Talkies switches on regional language videosThe company has already launched its first video series through a partnership with Bengaluru-based production house Hera Pheri films, in a ...
- Regional networking app Sharechat pings Shunwei Capital, Xiaomi for $15-million investmentRegional language social app likely to be valued at $70 million post the fundraise and will use the newly-raised capital for product improv...
- Sharechat secures $4m to talk in your mother tongueFunds from the latest round, led by Lightspeed India Partners and existing investors SAIF Partners and India Quotient, would be used to ext...
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