NEW DELHI: Indian social media platform ShareChat on Wednesday said it has acquired HPF Films, a video production company specialised in digital content. The acquisition will help ShareChat and its short video platform Moj to strengthen their efforts towards building a better content ecosystem, establishing a stronger creator fraternity, and augmenting their advertising solutions for brands, a company statement said.
"As ShareChat continues on the aggressive growth journey, it is important for us to invest and build capabilities required to sustain growth on a large base. This acquisition will help us build a framework for our creators and nurture them to evolve as influencers on the platform," ShareChat Vice President - Corporate Development and Strategic Finance Manohar Charan said.
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