Presenting

ShareChat

Bengaluru-based ShareChat is India's leading social media platform, aimed at 'building an inclusive social space for the next billion internet users'.

ShareChat is the largest Indian social media platform that allows users to share their opinions, record their lives and make new friends - all within the comfort of their native language. Spearheading India's internet revolution, ShareChat is changing the way in which the next billion users will interact on the internet.It allows language first internet users to connect with each other and express their creativity. The platform relies on teams of engineers, data science, design, business and strategy, and content operations.

Social Media

WEBSITE

https://sharechat.com/

HEADQUARTERS

Bangalore, Karnataka, , India

COMPANY SIZE

1000+

FOUNDED

2015

Stories

Stories about ShareChat

Decoding Sharechat’s shifting strategies; Masoom Minawala’s new book

Team YS

ShareChat aims to be cash flow positive in one year

Thimmaya Poojary

Competition Commission of India approves acquisition of Sharekhan, Human Value Developers by Mirae Asset

Press Trust of India

ShareChat lays off 15% of its workforce to streamline costs

Thimmaya Poojary

Awards

Awards and Recognitions

Top 50 Newsmakers of India - 2019

A YourStory list of startups that made the news this year for all the right reasons.

In August 2019, ShareChat raised $100 million in Series D round led by Twitter. Other than Twitter, TrustBridge Partners and existing investors Shunwei Capital, Lightspeed Venture Partners, SAIF Capital, India Quotient and Morningside Venture Capital participated in the funding round. The company said it will strengthen the technology infrastructure with the latest funding. The company also achieved the milestone of reaching 60 million monthly active users this August this year, and in September started its monetisation journey and reached out to brands that could advertise on its platform. ShareChat’s revenue also rose manifold to Rs 25.8 crore in FY19 from Rs 1.7 crore in the previous fiscal. As of 2019, the company has grown from 100 employees in December 2018 to over 300 employees. The company is planning to hire about 150-200 people in the next few months to attain a total headcount of around 400-450 people by December next year.