13 Facts About ShareChat

1.

ShareChat is an Indian social media and social networking service, developed by Bangalore based Mohalla Tech Pvt Ltd.

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2.

ShareChat has over 250 million monthly active users across 15 Indian languages.

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3.

ShareChat's application offers features that include private messaging, tagging and a personal messaging feature, enabling users to share videos, jokes, songs and other language based social content with other unknown users.

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4.

ShareChat's holding company, Mohalla Tech Pvt Ltd, was incorporated in January 2015 by three IIT Kanpur graduates— Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan.

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5.

ShareChat is headquartered in Bengaluru, Karnataka, and presently employs over 2500 people.

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6.

Key people at the hierarchy of ShareChat include Ankush Sachdeva, Farid Ahsan, and Bhanu Pratap Singh All of the co-founders featured in Forbes' 30 under 30 Asia 2018, having been recognised for their work with language-first approach in the social media landscape.

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7.

In September 2020, ShareChat raised $40 million from investors Dr Pawan Munjal of Hero MotoCorp, Ajay Shridhar Shriram of DCM Shriram, Twitter, SAIF Partners, Lightspeed Ventures and India Quotient.

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8.

In May 2022, ShareChat raised $300 million from Google, Times Group and Temasek Holdings at a valuation of $5 billion.

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9.

ShareChat laid off 101 employees or a quarter of its employees in May 2020.

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10.

ShareChat's app Moj, launched on 29 June 2020, is a short-video platform that emulates the features of TikTok, which was among the apps banned by the Indian government in June 2020.

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11.

ShareChat itself is a competitor to Helo, another social media platform that was owned by TikTok's parent company, Bytedance.

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12.

However, Bytedance has been accused by ShareChat of copying its design and UI pixel to pixel in 2018.

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13.

ShareChat has responded by officially denying any connection to Tek Fog, or Persistent Systems while describing The Wire's findings as "unfounded".

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