Sharechat spent 4000 Cr+ to earn 533cr in rev. What is their future? Have heard from sources that the company is majorly cash-strapped and might go bust in less than two years unless they get acquired or raised at a seriously lower valuation.
Anonymous 6
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Atlan • 1y
Moj has drowned too. Copying an existing model despite huge players with distribution available was never going to work. Reels is the biggest winner in India and then shorts.
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Create 2 or 3 videos with right music & approach per week. Put some reels & shorts.
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Learnings from Ankush Sachdeva from the time when Tiktok was banned in India 5 years ago:
P.S He is the founder and CEO of Sharechat/Moj which is india's equivalent to tiktok and the biggest Social Media app built in India.
"TikTok getting banned
INDIA'S IPO BOOM: A JOURNEY THROUGH YEARS! 🚀
India’s IPO market has been on fire, witnessing a massive surge in companies going public and raising huge funds.
Here’s how the IPO trend evolved from 2017 to 2024:
📊 The Highlights
1️⃣ 2024: The B
Amul sells so much cheese in India, that the none of the No.2, 3 or 4 players sell even 10% as much as Amul sells.
And the dairy cooperative giant is set to push this skew further.
This is really exciting!
..
Amul’s gearing to bring a riot to Ind
𝗛𝗼𝘄 𝗱𝗶𝗱 𝗛𝗮𝗹𝗱𝗶𝗿𝗮𝗺'𝘀 𝗯𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿 𝗼𝗻𝗲 𝗰𝗵𝗼𝗶𝗰𝗲 𝗳𝗼𝗿 𝘀𝗻𝗮𝗰𝗸𝘀?
Haldiram's was founded in 1937 by Ganga Bishan Agarwal (Haldiram Ji) in Bikaner, Rajasthan, starting with a small shop selling bhujia.
The b
CASH FLOW +VE - Really happy about what Ankush & ShareChat shared day before yday! 🙏🙏
It has been a harrowing two years. I had already considered them dead. And I was wrong - hats off to these folks!
Let’s track all that happened!
..
Founded in
