The Ledger, every show

“So the first profitable Bharat business would actually be a social media business. If you think about it from that phase, right?”

“We in fact went to Delhi High Court. If you can Google ShareChat versus Hello or ByteDance. In fact, Delhi Highcore told, told them to not do this, not scrape, and in fact, change their app.”

“Every single time you open a short video app, it will generate a video for you.”

“It takes about one dollar or 80 rupees per DAU per year just to serve the audience. So when you're serving the audience, they're essentially coming to share chat, fetching a feed, consuming videos, commenting, whatever, right? Whatever activity they're doing. …”

“Facebook in India makes about six dollars per year per day in terms of ads revenue. So that is, you can probably say that's the ceiling of the market because they're the most scaled out ads business.”

“They were putting 10 times more money just in marketing compared to our overall monthly bill.”

“I think India today feels at the right juncture where I am hopeful that within 10 years, we would be much, we would have closed the gap much more than where we are in terms of our abilities to build World beating products compared to China.”

“See, I think roughly we split as top hundred million. And the rest of about five hundred million.”

“We literally had a protest and stone pelting at our office. In, in Kormangla. That office. And the reason was those guys thought it is some magazine which is publishing content, a joke against the community. So, so people didn't even know what social media was…”

“It is now crossed. In fact, because it started later, but it is now crossed because it's growing much faster.”

“We have about, I think, about half a million host, live stream host on the platform. We see the top 25% of them make somewhere around 75,000 to a lakh rupees a month.”

“October was the first month when our first product, ShedChat, achieved profitability.”

“So we're currently at about a thousand crore annualized revenue.”

“Within one hour, we had a new sort of project spawned in the company called Project Gold Rush. Where we moved the growth team of ShareChat, and we told them that you have to build a short video app in two days. And to my surprise, they built it in 36 hours, or…”

“We managed to get a meeting with the additional commissioner. And he got really impressed and we got the project. So we got a project that you have to build this with certain specifications. He said, we'll fund it.”

“In one of those groups, I saw there was a post which was Sachin ka photo with a WhatsApp logo. And the guy is saying, agar apko Sachin ka content chahiye if you want content around Sachin, put your phone number, and I, I'll add you to a WhatsApp group. And bel…”

“Within a week of launch, the content that was uploaded every day was more than all the content like posted in the entire history of the product.”

“We've managed to cut our burn to by 80%.”

“So ShareChat is about one eighty million MAUs. Moj is about one 21 50 million MAUs.”

“So if you look at our name, it's Mahala Tech Private Limited. That's because our first product was Mahala.in. It was a real estate product.”

“Before launching, I actually talked to about 10 women. Because it was like, men will definitely fill a crush list. Will women participate in this? Yeah, and I talked to 10 women, all of them said, this makes no sense, we will not use the product. But to a surp…”