The Ledger
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Sachdeva: Top ShareChat Live Gifters from Tier-2 Cities Spend ₹5L+ Monthly
“So you will find somebody out of, Lucknow, Raipur, who's the top gifter or micropayment, customer on a live product. Spending north of five lakh a month.”
Sachdeva: ShareChat found product-market fit by dropping English and chatrooms
“Eventually we came to the conclusion We will not have English as an option and we will only show a content feed. No sort of chatting in the middle. And that is how the current form of shared chat came about.”
Sachdeva: ShareChat monetizes via status-driven live stream gifting and badges
“One of the ways we monetize on ShareChat is, is through live stream gifting, right? It is nothing but status. So for a profile badge around your profile photo, people are willing to pay. When you enter a live stream and you get a Ferrari coming in, a Ferrari a…”
Sachdeva: Most of ShareChat's AI Leadership Is Based in London
“And even today, most of our AI leadership is out of London.”
Sachdeva: ShareChat Filters 100M Candidates Down to 10 per Feed
“Today, when you fetch a feed on shared chat and watch, we have about a hundred million candidates, from which we will find the 10, that you're most likely to complete the video watch.”
Sachdeva: Devotional Content Is the Second Largest Category on ShareChat
“Surprisingly, devotion is number two on, on shared chat. I think we also have a, probably a higher skew towards women than internet audience. And that sort of makes devotion bigger.”