Mohalla Tech, the parent company of ShareChat and Moj, significantly reduced its losses in FY24, driven by increased revenue from live-streaming and advertising, despite a considerable decline in expenses. The company’s financial performance showcases a path towards profitability.
Ankush Sachdeva, an IIT Kanpur alumnus, faced numerous setbacks in his entrepreneurial journey, launching 17 startups that failed before finally achieving success with ShareChat, a vernacular social media platform valued at over Rs 40,000 crores. This inspiring story showcases the resilience and vision of an Indian tech entrepreneur.
