ShareChat, a regional language social media platform, plans to hire about 100-150 people over the next few months, and will continue to invest in strengthening its infrastructure and presence in Tier II cities and beyond the country. It was founded in 2015 by IIT-Kanpur graduates Ankush Sachdeva, Farid Ahsan and Bhanu Pratap Singh.
Sharechat allows users to create posts, follow people, consume all types of multimedia content, message one-on-one and even share things onto various other communication platforms.
It has 60 million monthly active users (MAUs) and aims to double its user-base by December next year. The platform is available in 15 languages including Hindi, Malayalam, Gujarati, Marathi, Punjabi, Telugu, Tamil, Bengali, Odia, Kannada, Assamese, Haryanvi, Rajasthani, and Bhojpuri.
Earlier in August 2019, ShareChat had raised $100 million in series D funding round from microblogging site Twitter and others taking its total funding raised to $224 million. Other investors are TrustBridge Partners, Shunwei Capital, Lightspeed Venture Partners, and SAIF Capital.