Fancy products and subscription models might not work in this segment. In FY2019, ShareChat spent Rs. 414.74 crores or $63 million on day to day operations. At 50 Million MAU as of FY2019, it needs to generate $1.28 per user to break-even on operations.
It is the first social network that has gathered geo-specific data on Indian content at a large scale and leverages a highly data oriented approach to cater to the diverse needs of India’s internet users. ShareChat, India’s fastest growing vernacular social network platform is a technology-led start-up based out of Bangalore. Twitter, itself, has struggled to make inroads outside of bigger cities and towns in India. Its app reached about 75 million users in the country in the month of January, according to mobile insight firm App Annie, data of which an industry executive shared with TechCrunch. It inked a deal with news and social app Dailyhunt to bring Moments — curated tweets pertaining to news and other local events — to the Google-backed Indian app.
Free Chat App For Android
But if you want to save or download your favorite friend’s status then try the other WhatsApp status downloader apps for android. Remember some of these WhatsApp video status apps also allow you to make your own video status, but you can also use separate apps for this purpose. The chief feature of these whatsapp video status apps is to provide you different type of videos status in different languages so that anyone can select any video as a representative of his\her feelings.
- Yik Yak was an anonymous messaging app for college students that shut shop in 2017.
- The aforementioned Clear except starred option for Storage Usage is being tested in the iOS version of the app and it will do exactly what its name suggests.
- You can also share the Download ShareChat APK for Android memorable moment with others, share the YouTube video, perform video chatting, and much more.
With local languages considered as the new king, there are a host of startups which are rising in this space. Like ShareChat, there is Matrubharti, which is a self-publishing platform for authors and an app for readers to download ebooks in local Indian languages. They are present in five languages with a readership across 42 countries. Of the 1.3 million installs, there are 500,000 active users who share close to six million content pieces on a monthly basis. Moreover, 10,000-12,000 are the unique content pieces created by users almost every day. The firm claims to have received 1.3 million installs for its app, of which 950,000 are from the Google Play Store and the rest 25 percent is through APK shares (direct sharing of the app from one user’s phone to the other).
This investment will help ShareChat grow and provide the company’s management team access to Twitter’s executives as thought partners,” said Manish Maheshwari, the managing director of Twitter India. India-based social media platform ShareChat recently announced it raised $100 million in funding led by Twitter at a reported $650 million valuation. Really detailed analysis of Home brand apps vs. Tiktok, specially their Analytics data. Facebook-owned Instagram recently launched its TikTok alike as a feature in the native Instagram app itself in India and few other countries. As per Kalagato’s data, it has also been discovered that Sharechat commands a daily session time of 22.1 minutes per user while Roposo has recorded daily session time of 14.5 minutes per user. Mitro has grabbed the third spot by recording a session time of 7.7 minutes daily per user while Chingari has been struggling with only 5.3 minutes total session time.
The platform allows video sharing and offers digital experiences and services. Mahindra Group Chairman Anand Mahindra-backed Hapramp said its social networking solution GoSocial has seen a surge of 20 per cent in its user base in the last few days. ShareChat has over 150 million registered users and 60 million monthly active users across 15 Indian languages. ShareChat, India”s largest regional language social media platform, said it has witnessed an “exponential growth” in the last two days. The platform claimed to have seen 5 lakh downloads on an hourly basis and over 15 million downloads since the ban was announced on Monday evening.