Ankush Sachdeva: The Man Behind ShareChat

When we talk about our present, Social Media is one of the prime things out there, that made a place in our life. There is hardly anyone who is not on any social media. People use them to post about their daily life updates, consume entertainment, stay connected with acquaintances and whatnot. In this scenario, one Indian decided to find a social media platform that will change the way Indians perceive social media.

Ankush Sachdeva is the Chief Executive Officer (CEO) and Co-Founder of the Indian social media platform, Sharechat, which was launched on 8 January 2015. He supervises the company's growth strategy and examines product development. Ankush Sachdeva is the Founder of Mohalla Tech Private Limited firm which owns Sharechat. Sharechat has over 180 million monthly active users and the app support 15 Indian languages.

Ankush Sachdeva- Biography

Ankush Sachdeva - Education
Ankush Sachdeva - Honors & Awards
Ankush Sachdeva - Professional Life
Ankush Sachdeva - Mohalla Tech
Ankush Sachdeva - Sharechat
Ankush Sachdeva - Funding of ShareChat

Ankush Sachdeva - Education

Ankush completed his primary education at Somerville School, Noida. He pursued B.Tech in Computer Engineering from the Indian Institute of Technology (IIT), Kanpur. He also was an intern at Microsoft Hyderabad for three months.

Ankush Sachdeva - Honors & Awards

He won several honours and awards during his academic career. The following awards were won by him:

• He received the first position at TechOlympics, in Algorithmic Programming Contest held at IIT Bombay's annual technical festival.
• He received the first position at BattleCity, where he developed AI for the Tron game for an online bot versus bot competition held at the annual technical festival of IIT Kanpur.
• He won the Jury's Choice Award at Yahoo HackU 2012 for developing an Android app within 24 hours to toggle the user's ringing mode from loud to silent depending on his location preferences and accelerometer data.
• He won the ACM ICPC Asia Regionals in December 2012.
• Ankush Sachdeva was also listed on Forbes'30 under 30 Asia in 2018.

Ankush Sachdeva - Professional Life

The man whose inspiration was likes of He has been a part of the Programming Club of his college. He was a coordinator in the programming team for one year. Ankush Sachdeva is a computer programmer and an entrepreneur who is the founder of two companies.

Ankush with his IIT Kanpur friends, Bhanu Pratap Singh and Farid Ahsan, founded Mohalla Private Pvt. Ltd., which launched Sharechat in 2015.  All three friends had a common passion for product development and product management, thus they came to work hand in hand and try something new. First of all, they tried to develop 14 to 16 products, consisting of a crime data analyzer for the Delhi Police department. This does not really help them in gaining impactful results. The trio finally propped their first step towards success when they propelled their social media platform, Sharechat.

Mohalla Tech also launched Moj, which is a video-sharing app in the year 2020, the app experienced good popularity after the ban of TikTok.

Initially, Ankush served as the Co-founder and Chief Product Officer of Sharechat for around two years. He later became the co-founder and CEO of Sharechat. He is holding his CEO position for the last few years.

Ankush Sachdeva - Mohalla Tech

Ankush Sachdeva established the parent company, Mohalla Tech Private Limited in 2015, which launched Sharechat. The company eventually got bigger after projecting the Indian social networking site, Sharechat.

Mohalla Tech acquired various companies including,

• Transversal Tech, a short video-sharing platform
• Elanic, an online fashion marketplace
• Memer, a meme discovery and sharing platform
• Circle Internet, a hyperlocal information platform

Ankush has been escorting various ideas to make Sharechat a leading social media network in India.

Ankush Sachdeva - Sharechat

Ankush is a part of Sharechat since the beginning. Sharechat allows users to share content from varied digital platforms to its own interface and vice versa. Sharechat is an Indian social networking site which provides content consumption and video sharing platforms only in Indian vernacular languages. The headquarters of the company is in Bangalore, Karnataka, India. Currently, 600 employees work for the company.

Currently, it offers its services in 15 Indian languages including Hindi, Punjabi, Marathi, Gujarati, Malayalam, Telugu, Tamil, Bengali, Haryanvi, Kannada, Rajasthani, Assamese, Bhojpuri, Odia and Urdu. The company aims to empower individuals by escorting them to share their experiences, voicing their opinions, building relevant communities, and discovering new trends and opportunities in their native language. The app scrolls down the use of English and encourages users to interact in their own language by sharing varied content through Sharechat.

As of 2022, the valuation of the company is $5 billion and it joined the club of Unicorn a long time ago.

Ankush Sachdeva - Funding of ShareChat

Ankush got significant support from major investors such as SAIF Partners, DCM Shriram, Twitter, Lightspeed India Partners, Venture Highway, India Quotient and Hero MotoCorp. Sharechat has eventually raised $40 million. In 2021, ShareChat raised $400 million from investors by attracting them and recently in 2022, it raised $300 million from Times Group, Google and Temasek Holdings. The funding will be used in boosting users' activities by offering them explicable features like instant messaging, assorted chat options, and others. Most preferably, Ankush would concentrate on monetizing its services after building a strong user base.

FAQs

Who founded ShareChat?

ShareChat was founded by Ankush Sachdeva along with Farid Ahsan and Bhanu Singh.

Is Moj under Mohalla Tech?

Moj is under Mohalla Tech, it is a video-sharing and content-creating app.

How many languages ShareChat allows its audience to use?

ShareChat allows 15 languages for its audience to use.