To its credit, short video and social networking service platform ShareChat has managed to emerge as a unicorn with over 350 million users, despite the popularity of Instagram’s Reels and YouTube’s Shorts. This is mainly due to the company offering content in 15 vernacular languages, allowing it to penetrate into deeper untapped markets in the country, Head of Emerging Business Gaurav Jain told DH’s Anjali Jain. He also unravelled the company’s plans for its revenue growth this fiscal, which, incidentally jumped 4.3 times last fiscal to Rs 347 crore, while toning down its spend to rein in losses.
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