Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»Expansion»ShareChat will expand workforce by 100-150 people
    Expansion

    ShareChat will expand workforce by 100-150 people

    HRK News BureauBy HRK News BureauNovember 4, 20192 Mins Read16293 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    ShareChat, the Bengaluru-based regional language social-media platform is all set to expand its workforce, especially in the tier II cities. It is gearing up to hire about 100-150 people within the next few months as part of its plans to strengthen its infrastructure and presence in tier II cities.

    The Company has a workforce strength of 300 right now. Considering that it had only 100 employees in December 2018, the workforce has expanded rather fast. By the end of December 2020, it hopes to have about 400 to 450 employees.

    The platform boasts of approx. 60 million monthly active users (MAUs), and is working towards doubling this figure by the end of 2020. About 15 to 20 per cent of its users belong to the top eight cities of India, whereas about 30 to 33 per cent belong to small towns and villages. The engagement levels of its users are also rather high, that is, 23 to 24 minutes. Its popularity is owing to its availability in the local Indian languages, with Tamil, Telugu and Hindi being the most popular. The other languages in which the platform is available are, Malayalam, Gujarati, Marathi, Punjabi, Bengali, Odia, Kannada, Assamese, Haryanvi, Rajasthani and Bhojpuri.

    The company now wishes to focus on enhancing the experience for its users, for which it has been associating with various brands.

    Operated by Mohalla Tech, the platform incurred a loss of Rs 414.7 crore in the last financial year, which was way higher than the loss in the previous year, that is, Rs 33.8 crore. However, its revenue increased multiple times, to Rs 25.8 crore in FY19, from Rs 1.7 crore in the previous year.

    A few months back, ShareChat had received US$100 million in series D funding from microblogging site Twitter and others, managing to raise a total of US$ 224 million. Other companies that invested include, TrustBridge Partners, Shunwei Capital, Lightspeed Venture Partners, and SAIF Capital.

    With approx. 536 million Indians expected to use regional languages online in the next two years, ShareChat sure has a bright future.

    100 to 150 people expansion funding Hiring recruiting regional language ShareChat social-media platform
    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    15 − 1 =

    Related Posts

    Amazon calls on NYC corporate employees to assist with grocery orders

    July 10, 2025

    ZS to hire 4,000 globally; strengthens GCC operations in India

    July 9, 2025

    Himachal Pradesh expands paramedical education to address healthcare staff shortage

    July 9, 2025

    June witnessed 11% rise in fresher hiring in India

    July 2, 2025

    QUICK HR INSIGHTS

    EDITOR'S PICKS

    How a thumbs-up became a generational minefield

    July 11, 2025

    Why HR must unite hiring and development to survive

    July 10, 2025

    The 5-to-9 Trap: Is Gen Z’s quest for perfect evenings fuelling a new burnout?

    July 9, 2025

    How AI is creating a workforce of the mentally walking dead

    July 8, 2025
    Latest Post

    Telstra to cut 550 jobs in latest phase of overhaul

    News July 11, 2025

    Telstra, the Australian telecommunications provider, has announced plans to reduce its workforce by 550 employees…

    Internal criticism hits Meta’s AI division amid growing discontent

    News July 11, 2025

    Meta’s artificial intelligence ( AI) division is facing fresh internal criticism as concerns about its…

    NASA to lose over 2,000 senior employees amid budget restructuring

    Global HR News July 11, 2025

    In a significant shake-up at the US National Aeronautics and Space Administration (NASA), over 2,100…

    Boss allegedly targets employee for using ‘open to work’ tag on LinkedIn

    News July 11, 2025

    A workplace incident has sparked conversation on Reddit after an Indian employee claimed they were…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.