Stay updated with breaking news from Virtual Gifting. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In June, ShareChat raised $255 million and reached $5 billion in valuation. Moj has grown to become a popular short video app with over three times daily active users and two times daily time spent per user compared to its nearest domestic competitor, according to the company.
Social media company ShareChat which was founded back in 2015, became a unicorn in April 2021. It has raised several funding rounds over the years, most notably in 2021 as it scales up rapidly. Earlier this year, it raised $255 million from Google, Times Group, and Temasek. It is now valued at $5 billion after this multi-tranche funding round.
Moj to help content creators earn Rs 3,500 cr by 2025
Engagement and spending by the desi online gamer are increasing, while focus remains on ‘India-first content’. In-app purchases are growing at a fast pace, but are not likely to overthrow the significance of real money games for operator revenues. New Paying Gamers have Increased in Excess of 50 Per Cent The growth of new paying users (NPUs) in India has risen more than 50 per cent, and paid gamers are expected to reach 235 million by 2025, according to a recent report by homegrown global advisory company RedSeer Consulting and Indian VC fund focusing on gaming and interactive media indust...
Bolo Indya app rolls out a live streaming feature and a virtual gifting option for creators Bolo Indya app rolls out a live streaming feature and a virtual gifting option for creators IANSFeb 22, 2021, 18:32 IST Short video content platform Bolo Indya on Monday said it has launched its live streaming feature Bolo-Live for a wider audience. The Bolo-Live streaming feature comes with an integrated real time gamification in a form of gifting option where creators can be rewarded by their follower base basis the content quality, density as well as the engagement which can be redeemed in cash on...