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SHARECHAT GIFTING REVENUE
How short video apps are fuelling big ambitions for content creators from small townsA BMW bike and a house in Mumbai, homegrown short video apps are fuelling big ambitions for content creators from small towns. Even as plat...10 Jan, 2024, 05.24 PM IST- ShareChat appoints Gaurav Jain as chief business officerJain takes over at an important juncture for ShareChat. Company sources said revenue has gone up from Rs 332.69 crore in FY22 to Rs 540.21 ...23 Nov, 2023, 11.26 PM IST
- ShareChat parent’s FY23 losses jump 38% to Rs 4,000 croreMohalla Tech CFO Manohar Charan said the company is looking to cut its losses to below Rs 1,000 crore in the ongoing financial year as it r...21 Nov, 2023, 07.47 AM IST
- Fintechs bank on credit cards for growth; ShareChat’s FY23 losses jump to over Rs 4,000 croreFintech heavyweights such as Cred and PhonePe are exploring cross-selling options and forging partnerships with banks to act as distributio...21 Nov, 2023, 07.42 AM IST
- Interview | Focus is on profitability, growth at all costs never sustainable: ShareChat CEOThe Bengaluru-based firm, backed by Twitter and Snap Inc, has cut its cash burn down by a third compared to the same time last year, ShareC...22 Feb, 2023, 11.43 AM IST
- Age of consent fixed at 18 in data protection law; growth at all cost not a sustainable strategy: ShareChat CEOAfter elaborate discussions with stakeholders, the Digital Personal Data Protection (DPDP) Bill has fixed the age of consent at 18. This wo...22 Feb, 2023, 07.17 AM IST
- Exclusive: Accel, Tiger look to exit Flipkart; Google announces changes to Android, Play Store in IndiaTwo early backers of Flipkart – venture fund Accel Partners and New York-based investment firm Tiger Global – are in talks to exit the ecom...26 Jan, 2023, 07.31 AM IST
- New influencer rules ‘will raise transparency & costs’; PhonePe’s India shift cost Rs 8,000 crore: CEOLast Friday, India’s Department of Consumer Affairs announced new guidelines for social media influencers and celebrities, saying they must...25 Jan, 2023, 07.01 PM IST
- ShareChat’s virtual gifting feature generates $50 million annuallyThe local language social media network, owned by Mohalla Tech, has over 180 million monthly active users in the country. It launched the i...07 Oct, 2022, 12.38 PM IST
- 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.22 Jul, 2022, 07.44 PM IST
- ShareChat parent raises $255 million from Google, Times Group, others; valuation jumps to $5 billionExisting backers like Temasek also participated in the latest round, which comes at a time when investors have become skittish amid a fundi...17 Jun, 2022, 03.53 PM IST
- Short Video app Moj to help creators earn Rs 3,500 crore over 3 yearsThe programme includes grooming through preliminary and advanced genre-based training courses, mentorship, spotlight programs, and in-depth...26 Apr, 2022, 07.51 PM IST
- Shortform content grows 1.37x in terms of monthly active users since June 2020, says reportShortform content has grown 1.37x in terms of the monthly active user (MAU) and 1.1x in terms of daily active users from June 2020, when Ch...22 Oct, 2021, 03.31 PM IST
- Kuaishou IPO valuation lights up India’s short-video spaceIndian short-video apps—from Sharechat’s Moj to MXPlayer’s MX TakaTak—see the blockbuster Kuaishou IPO as underscoring the massive potentia...01 Mar, 2021, 05.01 AM IST
- Indians spend roughly 3 hours a day on smartphones, but are they paying big bucks for apps?A low-cost revolution is showing in the kind of apps Indians are downloading: they are shopping, ordering food, hailing taxis and dating on...11 Feb, 2018, 02.28 PM IST
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