Page 2 - Sharechat

Mohalla Tech's valuation may cross $5 billion after raising $300 million

The parent company behind short-video platform Moj and regional social network ShareChat, is in the process of raising about $300 million in fresh funding from Alphabet Inc's Google and Singapore's Te

ShareChat will break even in a few years: Founder-CEO Ankush Sachdeva

In a Q&A, Sachdeva also dwells on his company's monetisation plan, and the strategy behind the $700 mn acquisition of short video platform MX TakaTak

ShareChat buys short-video platform MX TakaTak in a likely $700 mn deal

After the cash-and-stock transaction, MX Media and its shareholders will become strategic shareholders of ShareChat

MX TakaTak to merge with ShareChat's Moj short video platform

Short video platform MX TakaTak will merge with social media firm ShareChat's Moj platform to create a community of 100 million content creators with access to 300 million monthly active users

Top headlines: Das says cryptos have no underlying value; M&M Q3 net surges

Here are the top headlines on Thursday

ShareChat to acquire short video platform MX TakaTak for Rs 4,500 cr

The acquisition, sources close to the development told IANS, will further bolster ShareChat's short-video market share through the platform Moj

ShareChat to acquire MX's short-video app in deal valued at $700 mn: Report

With the MX TakaTak acquisition, ShareChat's parent will now have two short-video apps in its portfolio.

Bharat is affluent, educated and digitally savvy: Sharechat Report

The finding shows 29% of Bharat users post content daily at least once as compared to 22% of India users; 39% of Bharat uses social media as primary news source

Protecting customer data is foremost priority: ShareChat & Moj's Mukherjee

Today, Moj has the highest number of monthly active users-160 million amongst Indian short video apps

Mohalla Tech's valuation crosses $3.7 billion after it raises $266 million

Since Jan 2021, the company has grown to over 2000 employees and added several new features as it focuses on building its products to be the leader in the Indian short video and social media space

India's ShareChat raises $266 million for valuation of $3.7 billion

The new investments, part of ShareChat's third funding round this year, was led by Alkeon and saw participation from Singapore's Temasek Holdings and Moore Strategic Ventures, among others.

Social media platform ShareChat bets big on cricket as a sub-category

ShareChat built and helped its creators monetise a live audio product called Chat­rooms, launched in April 2020

ShareChat, Moj announce multi-year agreement with T-Series

The partnership allows ShareChat and Moj to access an extensive catalog of Indian music and provide an enhanced experience to its creator communities

ShareChat, Moj valued at $2.88 billion in $145-million fundraise

Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund

ShareChat raises $145 mn from Temasek, others at near $3 bn valuation

The funding signals growing fascination for Indian content-sharing and short-video apps.

Health Ministry joins ShareChat, Moj to spread Covid vax awareness

ShareChat, with over 160 million monthly active users in India, allows users to share their opinions, record their lives and make new friends - all within the comfort of their native language.

Mohalla Tech announces first ESOP buy-back programme worth $19.1 mn

Nearly 200 existing and former employees with vested options are eligible to participate in this process, the firm said

ShareChat's parent earmarks Rs 140 crore for first ESOP buyback

Nearly 200 existing and former employees with vested options are eligible to participate in this process.

ShareChat builds regional language live audio product, enables monetisation

The feature is essentially what Clubhouse and Twitter Spaces have made popular in the largely English-speaking world

ShareChat parent raises fresh funds, becomes fifth unicorn this week

Joins the club with its latest fundraise of $502 million, valuing the company at a little over $2.1 billion