Advertise on ShareChat Ads

ShareChat adds $14 million to its Esop pool

24 September 2020

Social media platform ShareChat has added $14 million to its employee stock ownership plan (Esop) pool, taking the total to $35 million. The startup on Wednesday also announced 50% additional Esops as bonus for employees already holding shares in the company.

event cover

Bengaluru: Social media platform ShareChat has added $14 million to its employee stock ownership plan (Esop) pool, taking the total to $35 million.
The startup on Wednesday also announced 50% additional Esops as bonus for employees already holding shares in the company. Currently, it employs over 400 people and the scheme would apply to existing staff members on the firm’s payroll as on June 30.

The regional language social media platform said the decision was taken to recognise the hard work behind the growth achieved by both ShareChat and its recently launched short-video app, Moj.

CLICK HERE to know more

More in News

Marketers not sure how to use short-form video platforms to build brands: Gaurav Jain, Moj and ShareChat

Gaurav Jain, CBO, Moj and ShareChat, spoke about the short-form video platform’s journey, its monetisation strategies, key user insights and more.

28 November 2023

READ MORE

ShareChat owner aims to double ad revenue in 2023

Mumbai: Google and Twitter-backed Mohalla Tech, which owns social media and short-video platforms ShareChat and Moj, is looking to double its advertising revenue in 2023 on the back of diversifying its advertiser base by attracting not just large corporate clients but also small and medium businesses (SMBs), said chief revenue officer Udit Sharma.

25 October 2023

Read More