To celebrate India’s rising startups, Inc42 is profiling a new soonicorn every Friday in the Inc42 UpNext: Unicorns Of Tomorrow series. For the next few months, we will be speaking to founders and ...
Homegrown social media company ShareChat reported improved financial performance for FY24, with significant reductions in operational losses. With its core ShareChat app achieving profitability and ...
ShareChat has reported a 33% year-on-year growth in consolidated revenue for the fiscal year 2024, reaching Rs 718 crore, up from Rs 540 crore in FY23. This growth trajectory is indicative of the ...
The short-form video market in India has faced challenges, particularly since TikTok’s 2020 ban. (Image/FB) Social networking platform ShareChat expects its apps, ShareChat and Moj, to turn profitable ...
The TakaTak acquisition was aimed at strengthening Moj’s position in the burgeoning short video app space but it ended up being a INR 816 Cr write-off The ShareChat-owned app’s MAUs fell 25% in 2023 ...
Homegrown social media platform ShareChat said it aims to become a cash flow positive company in about a year even as the organisation formally announced the closure of raising $49 million in debt ...