When we talk about our present, Social Media is one of the prime things out there, that made a place in our life. There is hardly anyone who is not on social media. People use them to post about their daily life updates, consume entertainment, stay connected with acquaintances, and whatnot. In this scenario, one Indian decided to find a social media platform that would change the way Indians perceive social media.
Ankush Sachdeva is the Chief Executive Officer (CEO) and Co-Founder of the Indian social media platforms, Sharechat and Moj,which were launched in 2015, and 2020 respectively. He supervises both the companies’ growth strategy and examines product development. Ankush Sachdeva is the Founder of Mohalla Tech Private Limited firm which owns Sharechat and Moj. Sharechat has over 180 million monthly active users and the app supports 15 Indian languages.
Ankush completed his primary education at Somerville School, Noida. He pursued B.Tech in Computer Engineering from the Indian Institute of Technology (IIT), Kanpur. He also was an intern at Microsoft Hyderabad for three months.
Ankush Sachdeva – Professional Life
The man whose inspiration was likes of He has been a part of the Programming Club of his college. He was a coordinator in the programming team for one year. Ankush Sachdeva is a computer programmer and entrepreneur who is the founder of two companies.
Ankush with his IIT Kanpur friends, Bhanu Pratap Singh and Farid Ahsan, founded Mohalla Private Pvt. Ltd., which launched Sharechat in 2015. All three friends had a common passion for product development and product management, thus they came to work hand in hand and try something new. First of all, they tried to develop 14 to 16 products, including a crime data analyzer for the Delhi Police Department. This does not help them in gaining impactful results. The trio finally took their first step towards success when they propelled their social media platform, Sharechat.
Mohalla Tech also launched Moj, which is a video-sharing app in the year 2020, the app experienced good popularity after the ban of TikTok.
Initially, Ankush served as the Co-founder and Chief Product Officer of Sharechat for around two years. He later became the co-founder and CEO of Sharechat. He is holding his CEO position for the last few years.
Ankush Sachdeva – Mohalla Tech
Ankush Sachdeva established the parent company, Mohalla Tech Private Limited in 2015, which launched Sharechat and Moj. The company eventually got bigger after projecting the Indian social networking sites, Sharechat and Moj.
Mohalla Tech acquired various companies including,
Transversal Tech, a short video-sharing platform
Elanic, an online fashion marketplace
Memer, a meme discovery and sharing platform
Circle Internet, a hyperlocal information platform
Ankush has been escorting various ideas to make Sharechat a leading social media network in India.
Ankush Sachdeva – Sharechat
ShareChat Logo
Ankush has been a part of Sharechat since the beginning. Sharechat allows users to share content from varied digital platforms to its own interface and vice versa. After 17 unsuccessful startup attempts, Ankush Sachdeva teamed up with his two friends from IIT, Farid Ahsan, and Bhanu Singh, for his 18th venture. Together, they launched the ShareChat app in October 2015.
Sharechat is an Indian social networking site that provides content consumption and video-sharing platforms only in Indian vernacular languages. The headquarters of the company is in Bangalore, Karnataka, India. Currently, 600 employees work for the company.
Currently, it offers its services in 15 Indian languages including Hindi, Punjabi, Marathi, Gujarati, Malayalam, Telugu, Tamil, Bengali, Haryanvi, Kannada, Rajasthani, Assamese, Bhojpuri, Odia and Urdu. The company aims to empower individuals by escorting them to share their experiences, voice their opinions, build relevant communities, and discover new trends and opportunities in their native language. The app scrolls down the use of English and encourages users to interact in their language by sharing varied content through Sharechat.
As of 2024, the valuation of the company has dropped by 60% to under $2 billion from a $5 billion valuation in 2022. The company joined the Unicorn Club a long time ago.
Moj founded by Ankush Sachdeva, Bhanu Pratap Singh, and Farid Ahsan in 2020 is a video-sharing platform packed with features like special effects, emoticons, stickers, and short videos ranging from 15 seconds to one minute across categories like dance, travel, singing, acting, humor, and education. Available in 16 languages, including Hindi, Assamese, Bengali, and more, Moj allows users to download videos and caters to diverse audiences.
Launched soon after the Indian government banned TikTok, Moj gained over 100 million downloads within just six months.
He won several honors and awards during his academic career. The following awards were won by him:
He received the first position at TechOlympics, in the Algorithmic Programming Contest held at IIT Bombay’s annual technical festival.
He received the first position at BattleCity, where he developed AI for the Tron game for an online bot versus bot-competition held at the annual technical festival of IIT Kanpur.
He won the Jury’s Choice Award at Yahoo HackU 2012 for developing an Android app within 24 hours to toggle the user’s ringing mode from loud to silent depending on his location preferences and accelerometer data.
He won the ACM ICPC Asia Regionals in December 2012.
Ankush Sachdeva was also listed on Forbes’30 under 30 Asia in 2018.
Ankush Sachdeva is the youngest entrepreneur featured in the inaugural ‘2024 Hurun India Under35s‘ list.
FAQs
Who is Ankush Sachdeva?
Ankush Sachdeva is the co-founder and CEO of ShareChat and Moj.
What is Ankur Sachdeva age?
Born in 1992, Ankush is 32 years old (2024).
Who founded ShareChat?
ShareChat was founded by Ankush Sachdeva along with Farid Ahsan and Bhanu Singh.
Is Moj under Mohalla Tech?
Moj is under Mohalla Tech, it is a video-sharing and content-creating app.
How many languages does ShareChat allow its audience to use?
ShareChat allows 15 languages for its audience to use.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Twitter.
Updating the status of the current scenario is one of the leading trends followed by today’s generation. The same trend allows people to describe their days, habits, thoughts, and any important message on a larger scale with the help of social media. There are multiple social media platforms available on the web to take the habit on. One amongst them is a bluebird icon platform called Twitter.
Twitter is a microblogging platform along with a place where people can easily interact and share their thoughts in the form of tweets. Initially, it was invented with the thought of sending an SMS to a group of people. Now Twitter stands at the rank of 16th position in the category of most popular social networking sites globally.
Twitter was set to be acquired by Elon Musk, according to the news dated April 26, 2022. He had previously announced a deal worth $44 billion to acquire a majority of Twitter’s stake and make it private. This had valued each share of Twitter at $54.20, at which Musk valued them. However, later, the deal, which was said to be on hold, had actually been pulled by Elon Musk, and the Twitter team was all set to sue him. Twitter actually sued Elon Musk, as per reports dated July 13, 2022, on Delaware’s Court of Chancery. The social media giant reportedly accused Musk of “hypocrisy” in court on July 12, 2022. The judgement that was pending from the Court of Chancery was ruled in favour of Twitter, who was then asked to force the completion of the deal.
After an almost seven-month-long saga of various business and legal conflicts, finally, on October 27, 2022, Elon Musk completed his acquisition of Twitter and appointed himself as the new CEO of the company.
The journey covered by Twitter from its start till now is commendable. This article highlights all essential aspects of Twitter such as its business model, revenue model, competitors, funding, and more in the form of the Twitter success story.
Twitter is an America-based microblogging platform founded in the year 2006 by Jack Dorsey, Biz Stone, Evan Williams, and Noah Glass. Twitter has evolved as a social media platform cum microblogging platform giving out information on a range of topics.
People can easily interact with each other based on their interests and can also tweet on the platform to share their thoughts with a larger audience. Twitter was founded by a failed podcasts producing company named Odeo. Earlier it was termed as Twttr and then changed to the name, which is currently written as Twitter.
Twitter has more than twenty-five offices across the world. Tweets used to be originally restricted to 140 words, but in November 2017, the maximum for non-CJK languages was lifted to 280 words. Video and audio tweets are still limited to 140 secs over most profiles.
Both, as a sender and a receiver, Twitter is easy to use. You may easily join this platform with a free basic account and a Twitter handle or unique username. Then, on a daily, hourly, or as-needed basis, you may send out broadcasts, often known as “tweets.”
In the “What’s Happening” box beneath your profile picture, input 280 words or less, then click the Tweet button to post your tweet. Those who follow you and maybe those who do not will see your tweet if your account is public.
You can follow anyone, including celebrities and your favourite influencers, by selecting follow button on their profile to subscribe to their tweets on Twitter. You can simply unfollow them if their tweets aren’t as entertaining as you thought. Visit Twitter.com at any time of day or night to see your Twitter feed, which is updated as people tweet. Look at what’s trending to see what’s going on around the globe. That’s all there is to Twitter.
Twitter – Industry
Twitter belongs to the largest growing industry, the internet. The internet industry deals with the integration and linking of big data, analytical tools, and a wireless network. The industry is leading the way for a big change in the future due to more and more usage of internet-based platforms.
It provides a way for multiple activities to take place without the need for physical appearance. Some of the popular day-to-day activities seen by the internet industry are microblogging, social media, advertising, etc. The future of the Industry can be assumed as bigger, faster, and safer internet growth.
A social networking site is an online platform that allows users to develop social networks or connections with others who have similar professional or personal hobbies, interests, experiences, or legitimate connections. Social media is currently used by more than half of the world’s population (58.4%).
Around the world, 4.62 billion individuals use social media, with 424 million new users joining in 2021. Every day, people spend an average of 2 hours and 27 minutes on social networking sites. The emergence of social media has been fueled by the human tendency to connect, as well as advances in digitalization. It’s a story about large-scale personal friendships being formed and nurtured.
The market size of social media is growing exponentially with the estimated calculation for the US market size in 2022 to be $72.2 billion. Total growth of 15.6% is noted in the US for the social media market. As for the future, according to a report published by statista.com, over 4.41 billion users are expected to use social media by the year 2025.
Microblogging stands for the combination of instant messaging combined with content production. It differs from the natural blogging industry of the limited size of the content delivery. Microblogs include content with specific data ranges. They can be in the form of short videos, audio, or simple texts. The microblogging industry is not up to mark and is in a constantly evolving stage. It is emerging as one of the fastest-growing industries.
Twitter – Founders and Team
Twitter was not founded by a single person or by the efforts of one person. It took a whole group of four people to get together and launch a microblogging platform.
Jack Dorsey
Jack Dorsey – Co-Founder of Twitter
Jack Patrick Dorsey born on November 19, 1976, and a native of the United States was the former CEO of Twitter. He was born and brought up in St. Louis, Missouri, where he went to complete his schooling too. He started programming while being a student only due to his unavoidable interest in programming and computer communication.
He completed his schooling at Bishop DuBourg High School. He was more than interested in the logistics and their working methods. At the age of 15, Jack Dorsey created a dispatch software that was still in use by many taxicab companies for a longer period.
To get a degree, Jack Dorsey went to the University of Missouri. However, due to some unavoidable reason, he was transferred to the University of New York, which he dropped from six months of getting the hold of his degree.
Jack Dorsey instead went to Oakland, California, and started a company offering dispatch software by the medium of the Internet in the year 2000. While working on the dispatch software, he came up with the idea of having a platform that combines instant messaging with his dispatch software for ease.
With the same thought, Jack Dorsey approached the company named Odeo. After successful talks and some work, in 2006 Twitter was launched successfully with the first tweet done by Jack Dorsey stating “just setting up my Twitter.
In the year 2010, Jack Dorsey co-founded a small business platform that accounts for debit and credit card payments on a mobile device named Square now changed to Block. Jack Dorsey serves as the CEO of Square. In 2021, the name Square was changed to Block to show interest in Blockchain. The former CEO also stepped down from the Twitter board on May 25, 2022. It was noted that Jack Dorsey had planned to leave the board when he chose to step down from the CEO position, however, the company mentioned in a statement that Dorsey would be staying on the board “until his term expires at the 2022 meeting of stockholders.”
Noah Glass
Noah Glass – Co-founder of Twitter
The American Technology Entrepreneur Noah Glass is one of the co-founders of Twitter. He was the co-founder of a failed company called Odeo.
Odeo was a podcasting company that failed after a few years of work and somehow gave rise to what we call today Twitter.
Noah Glass was known to work on multiple projects before founding a podcast company. He was known to work at Industrial Light and Magic. He left work from there to join and co-work with Marc Canter.
Marc Canter was the founder of Macromind. After that, Noah Glass developed an application named AudBlog which earned a partnership with Evan Williams. Together they created the podcasting company named Odeo.
In 2006, while working on Odeo and its failing future, the basic idea for Twitter was invented.
Noah Glass is highly acknowledged for giving the name “Twitter” to the newly developed platform with an abbreviated name “Twttr”. Noah Glass is considered a forgotten Twitter co-founder who gave a few essential core features and ideas in the development of the platform.
Biz Stone
Biz Stone – Co-founder of Twitter
Co-founder of Twitter named Christopher Isaac “Biz” Stone was born on March 10, 1974. Biz Stone completed his graduation from Wellesley High School in Wellesley, Massachusetts. He then attended Northeastern University and the University of Massachusetts Boston but without getting a degree at both place.
In the year 1999- 2001, Biz Stone was recorded to serve as a creative director at Xanga. For the year 2003-2005, Biz Stone was given the title of senior leadership at Google. In 2006, Biz Stone rolled out Twitter along with other co-founders and holds a patent to Twitter.
In the year 2014, Biz Stone launched a new search engine named Jelly. Jelly was a search engine driven by factors of visual imagery and discovery. Stone served as CEO of Jelly till the time it was acquired by Pinterest. In 2017, Biz Stone showed intention to return to Twitter.
A few Awards and Recognition of Biz Stone would include:
International Center for Journalists Innovation Award
Listed as One of the 100 Most Influential People in the World by Time
Nerd of the Year by GQ
Innovation Award by The Economist
Evan Williams
Evan Williams – Co-founder of Twitter
The fourth Co-founder of Twitter Evan Williams was born on March 31 1972 in Clarks, Nebraska. He went to attend the University of Nebraska–Lincoln for just one and a half years and left with no degree. Evan Clark Williams went out to work at different technology jobs after leaving college. He went to places like Florida, Texas, etc before returning to his family farm.
In 1996, Evan Williams went on to work at O’Reilly Media in a marketing position. Further, in the same firm, he got the promotion to work as an independent contractor writing computer code. This opportunity gave him the chance to work as a freelance coder and he took happily to work at different popular companies such as Intel and Hewlett-Packard.
While working at O’Reilly Media, Evan Williams started his website to post his thoughts. In the year 1999, Evan Williams along with Meg Hourihan co-founded an initial blogging software named Pyra Labs. In 2005, Evan Williams along with Noah Glass went on to co-found a podcast company named Odeo. In 2006, Evan Williams along with other co-founders gave rise to social media platform named Twitter. In 2012, Evan Williams led to the launch of a publishing platform named Medium.
A few Awards and Recognition for Evan Williams are:
In 2003, Evan Williams was given the recognition of MIT Technology Review TR100 as one of the top 100 innovators of the World under the age of 35.
In 2004, he received the Recognition of “People of the Year” by PC Magazine.
Twitter consists of 7000+ Tweeps (July 2022). Twitter employees are given the special tag “Tweep”. Just the way messages posted on Twitter are called tweets, the person working for Twitter is termed a Tweep. The journey that Twitter is remarkable indeed. Looking back at the initial days, Twitter only had 8 employees back in January 2008.
Here’s checking out the gradual expansion of the Twitter workforce:
Twitter is one of the successful platforms for now. However, the origin of Twitter lies in the ashes of another failed startup. The idea behind starting an instant messaging platform was taken from Jack Dorsey. And the name for the platform was given by Noah Glass.
When Jack Dorsey was pursuing his bachelor’s at NYU, he proposed the idea of a person using an SMS service to connect with a small group. The service’s initial project code name was twttr, another variant of the term twitter, an idea credited to Noah Glass and inspired by Flickr and the five-character length of American SMS shortcodes. The choice was also affected by the fact that the URL twitter.com had been in use when twttr was launched, and it took the team 6 months to acquire the site and convert the company’s name to Twitter.
The year 2007 was a watershed moment for Twitter’s evolution. During the episode, Twitter traffic increased from 20,000 to 60,000 tweets per day. Twitter began rolling out “New Twitter” in September and October 2010, a totally overhauled version of the site.
The possibility to see videos and pictures without exiting Twitter by tapping on individual tweets that contain links to photographs and videos from a wide range of supported websites such as YouTube and Flickr, as well as a total revamp of the interface that moved links such as ‘@mentions’ and ‘Retweets’ above the Twitter stream, while ‘Messages’ and ‘Log Out’ became accessible via a black bar at the top of twitter.com.
Twitter – Acquisition by Elon Musk
Elon Musk – CEO of Twitter
Elon Musk, the world’s richest man, who is a prominent global entrepreneur, declared on April 4, 2022, that he had acquired 9.1% stakes in Twitter for $2.64 billion. As a consequence, Twitter’s shares rose as high as 27%, marking the largest day rise since the firm’s Offering in the year 2013.
Elon was granted a seat on Twitter’s management board committee as part of a contract that prohibited him from owning more than 14.9% stakes in the corporation, but he refused before his participation went into effect on April 9.
On April 14, Musk made an unexpected bid to buy Twitter for $43 billion and make it private, claiming that he stood for the value of free expression for global democracy. On April 15, Twitter’s board of directors approved a tactic that would enable shareholders to buy additional shares in the case of a truculent takeover, preventing Musk’s invasion.
On April 20, Musk got $46.5 billion in a deal offer to buy Twitter. On April 25, it was reported that Twitter was preparing to approve Musk’s bid, and the board members officially authorized the deal, which became $44 bn shortly after on the same day.
Musk has stated that his first goal in promoting openness is to open-source the system that promotes tweets in the content stream. He has indicated that he intends to eliminate spambots and verify all legitimate people. However, the deal was still on hold, as per May 2022 reports. Twitter had declared that it was facing recurring challenges with spam and fake accounts soon after Elon Musk thought it fit to acquire the platform. This is what Twitter is investigating currently, where it is checking whether the existing spam/fake accounts represent less than 5% of Twitter’s users. On the other hand, Musk was still reported to be “committed to acquisition.” As per the reports dated June 9th, 2022, Elon Musk has threatened the social media giant to blow up the deal over the bot issue. Soon after this, reports mentioned that a Twitter stakeholder wanted a judge to order the microblogging site to turn over internal papers that would prove the existing spam and fake accounts on Twitter. The Twitter acquisition deal of Elon Musk worth $44 bn had been unanimously approved by the Twitter board on June 21, 2022. However, along with it, there were uncertainties about whether that will happen because Twitter share prices have dipped far below Musk’s offered price. Besides, Musk had also mentioned some unresolved issues concerning the debt and the spam and fake Twitter accounts, which he had doubted that they were not less than 5% of the monetisable daily active users.
Elon Musk had then decided to abandon the Twitter acquisition, as mentioned in reports dated July 9, 2022. Twitter, in return, then mentioned that it will sue Musk and is determined to see the deal go through, by hook or by crook. Also, by the mutual agreement between the two parties, both Musk and Twitter agreed to impose a fine on either of the parties if they chose to back out from the deal. This stood valid, in case Musk decides finally to terminate the deal. He did back out from the deal, and eventually, Twitter sued him in the Court of Chancery, Delaware. The case was presided over by Kathaleen McCormick as the chief judge, who asked to complete the deal by force, thereby standing by Twitter. Now, the deal can either be completed or pushed further. The legal battle in this colossal acquisition deal is already at its climax!
Twitter proposed that it would conduct a meeting of the shareholders on September 13, 2022, and would vote on the proposed $44 billion takeover of the social media company by billionaire Elon Musk. At this meeting, Twitter would also have shareholders vote on the approval of the compensation that Twitter would extend to some of its executive officers.
On October 3, Musk’s legal team informed Twitter that he was ready to complete his planned acquisition deal at the original price offer of $54.20 per share, a total cost of nearly $44 billion, reversing a months-long attempt to end the agreement.
On October 27, Elon Musk finally closed the deal to acquire Twitter, becoming the new owner of the social media giant. Immediately after the takeover, he fired top executives of the company, including Parag Agrawal (CEO), Ned Segal (CFO), and Vijaya Gadde (legal affairs and policy chief).
As a part of the many changes coming after the acquisition, Musk recently announced that Twitter will charge users $8 per month for a blue tick on Twitter. This decision has been criticised by many users, but Musk does not seem to have any plans to take it back.
Twitter’s mission statement says, “The mission we serve as Twitter, Inc. is to give everyone the power to create and share ideas and information instantly without barriers. Our business and revenue will always follow that mission in ways that improve – and do not detract from – a free and global conversation.”
Vision- “To be the world’s most diverse and inclusive company”.
Twitter – Name, Tagline, and Logo
Name
The initial meaning of the name Twitter means “a short burst of inconsequential information” or “chirps from birds”.
The initial thought for the name was “status”. However, after going through the Dictionary, Jack Dorsey came across the name Twitter and instantly liked its definition. As he felt, the definition of the word is what they were doing. However, the domain under the name Twitter was not available for purchase and they have to go with its abbreviated version.
After six months of launch, the domain name Twitter was purchased and the platform was renamed. The credit behind naming Twttr and Twitter goes to Noah Glass.
Tagline
Discover what’s happening right now, anywhere in the world.
Logo
Twitter Logo
The original name of the Twitter Bird is “Larry The Bird”. The bird was named after the basketball player Larry Bird. Biz Stone can be said as the major reason behind selecting the logo for Twitter. He studied at a school outside Boston and hence had the same craze for basketball players who won three NBA championships for three years from 1981-to 1986. In the year 2012, the bird was given a haircut and started resembling a mountain bird.
The current logo of Twitter consists of a blue-coloured bird on white background with no text attached to it.
Twitter – Business Model
The business model of Twitter is a platform business model. A platform business model can be defined as a business model that creates value by facilitating exchanges between two or more two people and groups of people, especially in the case of consumers and producers. The majority of social media works on the same platform.
Twitter has the same working pattern as other social media platforms. The user needs to register with a username and password for the use of Twitter. Unregistered users can also use Twitter but only to read tweets. Only registered users are allowed to tweet on its platform. A registered user can share text with 280 characters or a video of 140 seconds with a size ranging not more than 1 GB.
Twitter allows its users multiple benefits such as the user can make their thoughts reach a global audience. The advertisement done on it can also reach a large audience. The data partners can easily search and navigate information from Twitter to create insights.
Twitter currently generates revenue primarily through ad campaigns and data licensing. Twitter is continuing to expand its current income streams while also experimenting with new potential revenue streams from users and companies. The firm believes that its revenue channels may continue to develop at a quick pace, and it plans to double its revenues in 2022.
Twitter’s business model is created in a way that allows advantages to its users, advertisers, and data partners.
Twitter – Revenue Model
Twitter Revenue Worldwide from 2010 to 2021
The annual revenue of Twitter for FY2021 was noted to be $5.77 billion. There was a whopping increment of 36.63% in revenue from the year 2020.
The Twitter revenue model helps the social media giant generate revenue in two ways –
Data licensing accounts for around 14% of Twitter’s income. In 2020, this will account for around $509 million, up from 9.2% in 2019. Subscriptions to public data are sold to organisations and developers under this income stream. The information gives both historic and current insights into user demographics and platform trends.
The majority of Twitter’s revenue comes from advertising. Advertising accounts for over 86% of the company’s revenue. Promoted Ads, Follower Ads, and Trend Takeovers are examples of advertising. On the stream, all adverts are always labelled “Promoted.” Advertisers buy Promoted Ads to get their product or service in front of a larger audience of Twitter users. Follower Ads propose new Twitter accounts for you to follow based on your interests, so you’ll see Promoted Ads from people you follow. Trend Takeovers place advertisements next to trending issues to generate views based on what is most trendy and interesting on Twitter. The cost of Twitter advertisements varies. A sponsored tweet might cost somewhere between $0.50 and $2 for every action, while a promoted account can cost anywhere between $2 and $4 per new follower. Promoted trends may cost up to $200,000 per day if they are linked with the most popular subjects on Twitter.
Twitter – Funding and Investors
Twitter has raised a total of $12.9 billion in funding over 15 rounds.
Date
Transaction Name
Money Raised
Lead Investors
June 1, 2022
Post-IPO Equity
–
Greenlight Capital
May 4, 2022
Post-IPO Equity
$7.2B
–
Mar 4, 2022
Post-IPO Equity
$2.9B
Elon Musk Revocable Trust
Mar 1, 2021
Secondary Market
$1.3B
–
Dec 20, 2011
Venture Round
$300M
Alwaleed Bin Talal
Sep 8, 2011
Secondary Market
$400M
–
Aug 2, 2011
Series G
$400
DST Global
Feb 9, 2011
Secondary Market
$80M
–
Dec 15, 2010
Series F
$200M
Kleiner Perkins
Jan 8, 2010
Series E
$5.2M
–
Twitter – Investments
Twitter has made 10 investments throughout the years. Here’s looking at them below:
Date
Organization Name
Round
Amount
Feb 8, 2022
OpenNode
Series A
$20M
Jan 11, 2022
Aleph Holding
Corporate Round
–
Oct 7, 2021
Alter
Seed Round
$3M
Apr 8, 2021
ShareChat
Series E
$502M
Sep 24, 2020
ShareChat
Series E
$40M
Sep 2, 2020
Skillz
Post-IPO-Equity
$159M
Aug 15, 2019
ShareChat
Series D
$100M
June 2, 2017
PlaySight Interactive
Series C
$11M
Oct 1, 2014
MIT Media Lab
Grant
$10M
Oct 18, 2010
Overdrive
Private Equity Round
–
Twitter – Acquisitions
Twitter has acquired about 67 organizations. Here’s a glance at the most recent acquisitions made by Twitter:
Acquiree Name
About Acquiree
Date
Amount
OpenBack
OpenBack offers a push notification platform designed to deliver personalized notifications in order to increase engagement.
Apr 12, 2022
–
Quill
Quill is a computer software company that provides a messaging software built for productivity, not engagement.
Dec 7, 2021
–
Threader
Compile your favorite Twitter threads in one place
Nov 15, 2021
–
Sphere (Acquired by Twitter)
Now part of Twitter! Sphere is a community chat app turns groups into close, vibrant, purposeful and productive communities, instantly!
Oct 19, 2021
–
Brief
Brief is to foster healthy discourse by rethinking the way we read the news.
Jul 28, 2021
–
Scroll
Scroll is creating a sustainable experience that puts amazing content in front of engaged users without all the noise.
May 4, 2021
–
Reshuffle
Reshuffle is an open source integration framework that lets developers build workflows & connect systems.
Mar 24, 2021
–
Revue
Revue is a developer of an editorial newsletter tool designed to build a direct relationship with the readers.
Jan 26, 2021
–
UENO.
UENO is an operator of a digital design agency that specializes in designing and building products, brands, and experiences.
Jan 6, 2021
–
Breaker
Breaker is an audio company that develops a podcast listening and discovery application.
Jan 4, 2021
–
Twitter enjoys 237.8 million monetizable DAU (Q2 2022). Twitter measures its user base by the metric called monetizable daily active users (mDAU). monetizable daily active users (mDAU) is defined as the total number of user accounts that were logged in and accessed Twitter on any given day.
If you’ve used Twitter for a long time, you must be well aware that not everybody has noble motives. Sadly, whether you’re a regular citizen or a well-known personality, many users face a deluge of hate in their comments daily.
Twitter has made efforts to combat abuse, to be sure. Users can, for example, filter the mention that they see. Furthermore, in 2021, Twitter launched “Safety Mode,” which allows you to temporarily ban profiles that use abusive language or post inappropriate comments.
Nonetheless, there is indeed a considerable distance to cover until harassment and bullying are no longer prevalent on the platform. Agrawal, the CEO of Twitter said that his main focus will be to combat this problem. On Twitter, misinformation spreads rapidly, and preventing this requires a collaborative effort from both the company and its users.
Twitter is yet one of the most trendy and popular social media platforms in today’s world. However, in recent years, it has experienced stiff competition from apps like TikTok. While it has initiated several advancements, it also needs to look beyond the box.
The firm still has a sizable customer base and a valuable offering. However, Twitter’s income increased by just 7% in 2020, to $3.7 billion. This amounted to $26 million in operational profit. COVID-19 undoubtedly contributed to Twitter’s profits, but others may claim that the network has done very little development in an intensely challenging social media world.
Twitter, ever since the social media platform has been founded, has witnessed its own share of challenges and mishaps. Twitter was down on Friday, February 11, 2022, due to a global outage. This was really a piece of big news, which prevented thousands of Twitter users from accessing their accounts.
The Twitter accounts of Elon Musk, Bill Gates, and Barrack Obama, were hacked in a cryptocurrency scam. Late on Wednesday, July 15, 2020, there were irrelevant Tweets about cryptocurrency by Famous twitter personalities. This left some users baffled.
It turned out that the Twitter accounts of these personalities were compromised. However, users soon realized that it wasn’t just these accounts, but the Twitter accounts of Jeff Bezos, Kayne West, and many famous personalities were also compromised. While these types of scams are fairly common the question that arose was how these hackers gained access to high-profile Twitter accounts.
Nearly two hours after the hack, Twitter locked down and prevented at least some verified accounts from posting any tweets. After their first tweets were deleted the same bitcoin scam tweets were made again from the official accounts of Bill Gates, Obama, and high-profile personalities.
Twitter’s Response to the Hack
We detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools, said Twitter support.
Twitter Layoffs
While Twitter was upset about its shareholding pattern, hardly could anticipate its acquisition, and then nodded for the same, but was in trouble with its spam and fake accounts, the popular Twitter social media platform parted with 30% of its recruiting workforce, which was less than 100 employees, as far as reports go, dated July 7, 2022.
Just a week after the company’s takeover by Elon Musk, Twitter laid off 3,700 people, which accounts for nearly 50% of its workforce.
Twitter – Competitors
Twitter has several Competitors in the same industry but all with different features. Some of them are:
Facebook is an American online social media and social networking Service owned by Meta Platforms, formerly known as Facebook. Facebook was founded by Mark Zuckerberg in 2004. Facebook enjoys 2.85 million active users per month (31 March 2021).
Pinterest
Pinterest is an image-sharing and social media service platform headquartered in San Francisco. It was invented in 2009 by Paul Sciarra, Evan Sharp, and Ben Silbermann. Pinterest is an image discovery tool mainly consisting of pins and boards. Pinterest currently enjoys 431 million active users globally (February 2022).
Snapchat
Snapchat is an American multimedia instant messaging app. It was introduced by Snap Inc in the year 2011. Snapchat is more popular for its ability to share images and videos with the addition of filters. Snapchat enjoys active users of about 319 users per year (2021).
Twitter – Future Plans
Twitter has more activity than any other social media platform right now. A few months ago, the microblogging site famed for its 280-character restriction attempted to relaunch itself with a slew of new features while maintaining its distinguishing qualities.
Twitter has also shown social responsibility by installing powerful measures to keep fake news and hate speech out of its virtual debates, with even former US President Donald Trump being banned.
Twitter is continually improving while also introducing new features like Spaces and Super Follows. When it comes to advertising, Twitter will be pushing performance marketing ahead in a big way. The company also wants to increase the number of technologies and marketing alternatives available to both major brands and small and medium enterprises.
Twitter wants to double the number of its active users till the time of 2023. The Twitter team wants Twitter as a safe platform where people can easily share their thoughts without the worry of backlash or similar uncertainty. Twitter also plans to expand its marketing performance with better innovation and ad creation.
Twitter plans to increase its daily users to 315 million users and the revenue to be at least $7.5 billion by the year 2023. Twitter plans to launch new features for more users to gain its attention.
After acquiring Twitter, Elon Musk is taking drastic actions for the company, like mass layoffs and implementing a charge for a blue-tick verification mark. Now, only time will tell what other future plans Musk has for Twitter.
Myspace, launched in 2004, was one of the biggest social media giants of the early 2000s. However, it failed miserably. What happened? Was it running in loss, was it facing stiff competition from Facebook, was it about the acquisition from News Corp, was it the legal battles, etc. We are here to decode the probable reasons for the failure of Myspace and why it couldn’t compete with Facebook. Let us first see the introduction of this social networking site called Myspace.
In the early 2000s, social networking sites were a new thing. MySpace dominated the social networking space online, averaging over 75 million visitors per month at its peak.
MySpace was extremely unfortunate or rather went weak because Facebook, with its cutting-edge features like the uber-cool and updated news feed, quickly outperformed it and never looked back. However, this does not mean that Facebook’s emergence was the sole cause of Myspace’s downfall.
The meaning of social media has evolved a lot in the current times. We’ve evolved to be real and fearless on social media because it is one of the other worlds we live in. However back then it wasn’t like this, people were not easily open on social media platforms. They feared being online.
To engage with other users, Myspace users would construct web pages for their profiles that showcased their interests. Instead of using their real identities on Myspace (as opposed to Facebook), users frequently used a made-up nickname.
Myspace Profile
Users could post blogs, participate in forums, follow official accounts, and connect with friends in addition to interacting with friends. The primary goal of Myspace was to promote other musicians.
Users could even listen to music and discuss them with others in a special section of the website. Later on, it added a classifieds and video area, which ended up being a smash hit, to compete with sites like Craigslist and YouTube.
Myspace took huge steps in the advertisement and marketing industry and signed big deals with Google and hit record stats as well. Myspace was having a gala time in the next months of its launch.
What Was the Reason Behind Mindspace’s Failure?
Even though, we see that Myspace was launched back in the early 2000s when there were no or negligible competitors in this market. And of course, the site attained heights of success too.
MySpace’s popularity can be credited to easy accessibility and synchronicity. The website was one of the earliest social media platforms when it was introduced in 2003. It was preceded by Friendster, which was also well-liked at the time. However, as a consequence of technological issues and an overabundance of targeted advertisements, Friendster’s popularity decreased.
MySpace made it more convenient and was open to all users, allowed them to personalize their pages, and periodically added new features in response to user demands.
Additionally, it served as a kind of forerunner to contemporary influencers by attracting a lot of creative individuals and enabling brand and user interaction. But as Facebook was launched, people got a wider platform with better facilities. People had the facility of making accounts with their real names and could use their real details, and photos which made them feel more connected with the outer world.
On the contrary, it was the opposite on Myspace where people used fictitious names and photos which was not only harmful but the sense of connection was absent. Hence, Facebook was a whole new evolution. As a result, the majority of the users shifted to Facebook or rather made accounts there as well and with time forgot about Myspace being an online space.
The media behemoth News Corporation was interested in MySpace because of its popularity and purchased it for $580 million in 2005. MySpace was initially convinced by New Corp that nothing will ever radically change and that this would play a passive role in the growth of the company.
MySpace was acquired with a new objective in mind. The need to increase sales was now more critical. MySpace was consequently deluged with aggressive advertisements, many of which directed users to suspicious pages requesting that they join up for credit card payments and other services.
As portions were built to try and produce income that would fulfill News Corp’s impossible targets, money was drained from developer resources. In the end, users left the site for others because the community’s needs and the usability of the platform weren’t prioritised.
Not only this but online harassment and bullying became a common thing after Myspace started focussing on News Corporations’ objectives more. There were severe cases of sex offenders trying to harass small children online. This not only raised questions on social media regulation but also harmed the reputation of Myspace as a safe space.
The anger raged when there were suicide cases due to online harassment and money-draining people. There were many cases and lawsuits against Myspace and it couldn’t handle them well. Raged people complained that they did not want their children to be a part of such a platform which could induce negativity and leads to suicidal activities.
Does Myspace Still Exist?
Today when various social networking platforms exist, where is Myspace? Myspace has been attempting to increase its efforts in the music industry ever since. It occasionally adds new music features, collaborations, and so on. It still exists as a social media site but it is primarily dedicated to music.
Myspace Website in 2022
Despite multiple rebranding attempts, MySpace hasn’t ever come close to winning back what it used to have, and News Corp sold MySpace to Time Inc in 2011 for an undisclosed sum, originally supposed to be $35 million.
The site still exists as a music-focused social media platform, but it is typically much smaller and nowhere near the powerhouse it once was. In 2019, it had to make a public apology for losing 12 years of online content matter during a server migration.
Myspace accidentally lost all the music uploaded from its first 12 years in a server migration, losing over 50 million songs from 14 million artists. https://t.co/OyKB5Dxtw9
All this accounts for Myspaces’ fateful failure and the position it is in today. The platform could have performed better had it focussed on its sole purpose of connecting people instead of generating revenue from ads etc.
FAQs
How did myspace fail to adapt?
Mindspace had aggressive ads, it had a clumsy website design and the social media didn’t add new features.
Why did myspace fail and Facebook succeed?
Myspace was a platform that allowed users to use a nickname instead of their real name as Facebook allowed users to use their real name which was one of the reasons why Myspace failed.
What ended Myspace?
There were many legal battles against myspace as people misused the platform to harass or bully others.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Linktree.
For the advertising strategies, some organisations use many social identities and platforms, which may make social media management significantly more difficult. There are several reasons why a firm might have various social media profiles (multiple product lines, locations, teams and so on), but it would be extremely difficult to manage them if you had to log in and out of each separate profile and site to check all of your messages.
Saving users ample time and effort of juggling multiple accounts regularly, social media tools may consolidate pieces of information sent to all of their profiles and networks into a single location.
The adoption of tools to manage social media accounts has increased in the time being with the relevance of customer service operations and social media for marketing. People are turning to Google presently more than ever to select the optimal “social media management solutions” to keep them going up.
Linktree is a social media firm that provides a solution for influencers and e-commerce companies to improve their online visibility across social media platforms such as Facebook, YouTube, Instagram, and Twitch.
“Link-in-bio” is a popular online idiom that may be used as both a phrase and a whole statement. It’s a short but powerful set of instructions that may bring you to a plethora of information. Linktree is, without a doubt, one of the most well-known link-in-bio services.
Linktree is a social media marketing tool that allows influencers, producers, publications, and companies to distribute their offerings to their audience across social media networks. It enables users to create a website that houses reference links to their online environment and provides audiences with a single link to all of the information.
Big businesses, daily content producers, celebrities and any other person, may all utilise the platform to create a webpage that holds their digital environment, making it simpler to engage with their followers. It streamlines the online economy for eCommerce, allowing social media influencers, entrepreneurs, and enterprises to share, sell, curate, and build their businesses.
Garnier, Shopify, HBO, Wix, Zapier, and YSL are among Linktree’s noteworthy users, as are sports clubs like the Chicago Cubs, Los Angeles Clippers, and Cleveland Cavaliers, as well as celebrities like Selena Gomez and Arnold Schwarzenegger.
A Linktree not only directs followers to the places you want them to go — your other social profiles, your eCommerce store, or the material you want to share — but it also retains them in your online social ecosystem for more time.
Linktree – Latest News
Linktree was valued at $1.3 billion after a $110 million investment round headed by Index Ventures and Coatue. Linktree has raised $55.7 million in two investment rounds over the previous year and a half.
Linktree has many vacancies in its engineering and marketing divisions as it prepares to grow its LA workforce and expand further. For what is effectively a lightweight mini-website builder, that’s a lot.
“Linktree is definitely in a hyper-growth phase, and these fundraise really focus on growing the team. We were seven people in March 2020, we’re now over 230 people globally, and we expect to be hiring another 200 to 300 roles this year between the States and Australia,” said Alex Zaccaria, the CEO of Linktree.
The increase in the number of COVID-19 cases has produced a significant boom in the social media management sector. The massive amounts of data generated by social media sites, the widespread acceptance of social media management solutions, and the development in cloud usage habits among small and medium-sized organisations, bring considerable opportunities for social media, management services providers.
Legal and regulatory limits, issues in administrative workflow, legislation, and a lack of universal standards, on the other hand, impede market expansion. The absence of appropriate statistics for social media management tools, as well as a single solution to deal with the expanding unstructured data concerns, could inhibit the market growth.
This market is anticipated to grow at a Compound Annual Growth Rate of 23.6 per cent, from USD 14.4 billion in 2021 to USD 41.6 billion in 2026. Some of the factors driving the growth of the Social Media Management Market include increased focus on the market and competitive intelligence, enhanced customer experience, increasing customer involvement in social media using smartphones and increased need for search ROI for social media strategy.
Linktree – Name, Logo, and Tagline
Linktree is a tool that lets you broadcast multiple links on social media in a tree-like structure that organises all of your links as branches. So, there’s one link for all your links. This is where its name comes from.
Linktree’s tagline says. “You only get one chance to link on Instagram. Make it do more.”
Linktree – Founders
Alex Zaccaria, Nick Humphreys and Anthony Zaccaria founded Linktree, a freemium social media reference landing page based in Melbourne and Sydney, Australia.
Co-founders of Linktree and brothers – Alex Zaccaria and Anthony Zaccaria
Alex Zaccaria
Alex Zaccaria is the Co-Founder and CEO of Linktree, as well as a co-founder of Bolster. He went to RMIT University to complete his education.
Nick Humphreys
Linktree’s Co-Founder and Creative Director is Nick Humphreys.
Anthony Zaccaria
Anthony Zaccaria is a Co-Founder of Linktree and a Director at Bolster.
Linktree was founded in 2016 as a result of frustration with social media platforms that do not allow numerous URLs in the bio of profiles. The website was built in only six hours. Overnight, the server was claimed to have 3,000 users, causing it to fail due to overcrowding.
Linktree, a Melbourne firm that began as a side venture to answer a basic problem, has surpassed its humble beginnings.
Currently, it receives 10,000 new signups every day, with 90% of those coming from outside of Australia. The Linktree narrative begins in 2016 when co-founder Nick Humphreys and brothers Alex and Anthony Zaccaria were running a music and entertainment digital business.
They were managing artists and making announcements on Instagram. They were fed up with having to update their Instagram bio link regularly. The company’s co-founders had newly recruited a developer, but they didn’t have any task for him yet, so they assigned him a task, to come up with a solution that would enable them to add several links. The design was completed in six hours.
According to Zaccaria, Linktree was created to tackle an issue for the agency. However, it turned out that a lot more folks experienced the same issue. This happened to be at the same time that Instagram transitioned from a chronological to an algorithm-based feed, which meant that individuals may be viewing posts from three or four days ago. That bio might have been updated by the time people saw the phrase ‘link in bio.’
Initially, the firm only promoted the solution to its clients, but news spread quickly, and they soon had roughly ten sign-ups each day. The team intended to launch the redesigned Linktree a little more officially. But, before they could, a grateful user took care of it for them.
On a particular day, Linktree received between 3,000 and 4,000 additional signups. Since then, the number hasn’t dropped below 800 each day. Naturally, it is now substantially higher. And thus, Linktree has gradually grown from being a side-hustle to a full-fledged company.
Linktree – Vision and Mission Statement
Linktree’s mission is to, “democratize the internet and to democratize people’s digital presence.”
Linktree – Business Model, and Revenue Model
Linktree’s business plan is based on a freemium concept. In today’s world, many firms employ this concept. A freemium approach entails providing all users with a free, but restricted, profile. This will suffice for the great majority of people. Some people, on the other hand, will crave more. Anyone who wants the premium features will have to pay for them.
Linktree can afford to deliver a basic experience for free as long as a tiny percentage of customers pay for the premium option. To put things into perspective, Linktree has a free plan. This free plan allows users to connect to as many venues as they want, receive payments, and view basic user statistics and analytics. However, Linktree’s “PRO” service provides the user with comprehensive details. They’ll be able to monitor where their views come from, as well as how people act while they’re on the website, and they’ll have access to more comprehensive statistics.
The PRO service also comes with a slew of extra features, such as sophisticated customising. The PRO subscription is $6 per month. An “Enterprise” plan is also available. This is for larger firms, who will receive a custom price based on their requirements. This is also a paid service, with the cost varying depending on the services needed. As you can see, Linktree is a low-cost platform to maintain, but it generates a lot of income because of its large user base.
Songlink is a fully customizable, on demand smart link solution for music, podcasts and more.
Aug 19, 2021
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Linktree – Competitors
Top competitors of Linktree are :
Jotform Apps
ContactInBio
Shorby
bio.fm
Lnk.Bio
Tap Bio
EverLinks
Campsite
Linktree – Future Plans
Shoppers are spending more time and making more purchases online than it has ever been, highlighting the need for companies and artists to develop consistent profiles throughout all the social media platforms and make them conveniently searchable.
Linktree keeps up with the times by delivering a trustworthy network that streamlines the information that matters most to consumers while also making commerce and interaction easier for the companies and creators who reach them.
Linktree will make significant investments in making social commerce simpler with the new round of investment, enabling more transactions to be accomplished with minimal taps.
Ever since the Series-A round of financing, Linktree has launched additional customization tools, streaming embeds and video link possibilities, and, allowing customers to broaden their business to offer more, promote more, develop more, and engage more profoundly, all for free.
Aside from product development, Linktree intends to create multi-location creator hubs that will also serve as offices for its expanding rapidly remote teams, beginning in Los Angeles and moving to other cities.
Linktree – FAQs
What does Linktree do?
Linktree is a social media firm that provides a solution for influencers and e-commerce companies to improve their online visibility across social media platforms such as Facebook, YouTube, Instagram, and Twitch.
Who founded Linktree?
Alex Zaccaria, Nick Humphreys and Anthony Zaccaria founded Linktree, a freemium social media reference landing page based in Melbourne and Sydney, Australia.
How does Linktree make money?
Linktree’s business plan is based on a freemium concept. However, Linktree’s “PRO” service provides the user with comprehensive details. The PRO subscription is $6 per month.
Which companies do Linktree compete with?
Top competitors of Linktree are Jotform Apps, ContactInBio, Shorby, bio.fm, Lnk.Bio, Tap Bio, EverLinks, and Campsite.
India-based social media apps have seen a rise in the country and worldwide, after the prohibition of the usage of TikTok and some other Chinese apps in India. The Prime Minister of the country has been asking the citizens to shift their usage to “Made in India” apps to work towards what we envision as an “Atma Nirbhar Bharat”, which is the vision of the PM to make India a self-reliant nation.
So, here’s a look at some of the best Social media apps made in India that you can use:
Here are the 9 best Indian social media apps people can use.
Sharechat
ShareChat – Indian social media app
ShareChat is an Indian Social Media app. It is a social networking service that is growing to become one of the best social media apps for chatting with its headquarters in Bangalore, India. Mohalla Tech Pvt. Ltd is the parent company and they were the ones who developed the app. Its initial release was during the month of January 2015. ShareChat is available in GooglePlay and also for iOS users. You can use Share Chat in over 15 different languages.
The company was started by Ankush Sachdeva, Bhanu Pratap Singh, and Farid Ahsan, who were graduates of IIT Kanpur. This Mobile Application has 250+ Million monthly active users.
ShareChat offers features that include private messaging. You can even tag people in videos using this platform. This platform also allows you to share social content with other unknown users such as videos, jokes, songs, and other language-based content.
ShareChat’s parent company Mohalla tech has acquired some companies lately including Transversal, a tech-owned short video platform; Elanic, which is a Bengaluru-based online fashion marketplace; Member, which is a meme discovery and sharing platform, and Circle Internet, which is a hyperlocal information platform. All the above platforms were acquired for undisclosed amounts.
Koo
Koo – Indian social media app
The app was earlier known as Ku Koo Ku. It was founded by Aprameya Radhakrishna who is the current CEO of the application, and Mayank Bidawatka. In August 2020, the app won the Government of India’s Atmanirbhar App Innovation Challenge.
The app won the Aatmanirbhar App Challenge, which was organized by the Indian government to foster local innovation. While Koo has many of the same capabilities as Twitter, it also lets users publish in Indian languages other than Hindi.
One of Koo’s selling advantages is that it is available in numerous Indian languages. “To connect with Indians in Indian languages,” it says on its website. Koo can be used on a computer (website) or on a mobile device (app). It’s available in the Google Play and Apple App Stores, and users may sign up with their phone number. Currently, English, Kannada, Tamil, Marathi, and Telegu are supported by Koo. Support for Bengali, Gujarati, Oriya, Malayalam, Punjabi, and Assamese is also in the pipeline, according to their website. A user can write up to 400 characters of text, which is higher than Twitter’s limit of 280 characters. All multimedia functions, including audio and video recording, are likewise supported by Koo.
Chingari
Chingari – Indian social media app
Chingari is an Indian-based short-video platform. It was launched in the year 2018 in the month of November. It is a video-sharing and social networking service where the users can create short videos.
Chingari lets its users create videos that provide features to lip-sync, dance, voice-over movie dialogues, etc. The ban of TikTok has led this social media video app to gain a lot of popularity in India.
Josh
Josh – Indian social media app
Josh is an Indian-based short video platform It was launched in the year 2020 in September by Dailyhunt. Dailyhunt is an Indian content and daily news application which is located in Bangalore, India. It provides content in 14 Indian languages. It was founded by Umesh Kulkarni and Chandrashekar Sohoni who were ex-Nokia employees. It was released initially in the year 2010.
The short video platform, Josh has short videos which are trending and viral that you can share with your followers. The app lets you create your unique videos. The App has videos on dance, music, comedy, jokes, and pranks. It also has videos on various challenges, pets, cooking.
The Mobile application has an easy-to-use Josh beauty camera with real-time filters, face stickers, special effects, makeup camera, emojis. Etc. You can even create Duet videos on Josh. You can share the videos on WhatsApp or Facebook and you can set it as your status.
Josh is India’s number 1 Short videos app. The launch of this platform is considered to be the next step by Dailyhunt to release more apps in the future.
Flik is a social media app that is trying to change the experience of chatting by making it much more enjoyable and is gearing to stand one of the top social media platforms made in India. The app provides a feature that is a mixture of a social media app and a dating app. It was founded by Bahadursinh Jadeja and launched on the year 10th of September 2019. The parent company of this mobile application is Loopytime Pvt. Ltd.
You can connect with new people using Flik. Flik helps you in finding friends and increasing your contact. It has an additional feature which is for dating and you can match with a like-minded person on the app. Flik can be considered a dating app as well.
Flik is one of the few mobile applications that provide features such as social media and dating in a single platform. The app can be used in Hindi. It provides features such as personal messaging, video calls and voice calls, audio messages, etc. If you would like to add live stories of the content Flik allows you to do that, flik is one of the social media sites that help you to share it with your friends.
Flik allows you to share files in any format such as pdf, ppt, word, mp3, excel, Apk, zip, and much more. Flik is rated for 18+. It has 10K+ downloads on the Play store. The app is available in the Play store and the size is around 12 MB.
Moj
Moj – Indian social media app
Moj app is a social media platform for video sharing and its parent company is ShareChat, and is owned by Mohalla Tech Private Ltd. Moj was founded by Ankush Sachdeva, Bhanu Pratap Singh, and Farid Ahsan. It was founded immediately after TikTok along with other Chinese apps was banned in India after the India-China situation in 2020.
The social networking platform began its journey on 29 June 2020 and in just two days 50 thousand downloads were made from the Google Play Store. The main features that it offers are special effects, emoticons to use on your videos, and others. Different genres of videos can be made like comedy, education, dancing, and acting. The duration of the videos can be of 15 seconds to 1 minute.
The app is growing to be one of the most popular social media with a support of over 15 languages and in January 2021, it has crossed 100 million downloads. In 2021, it generated $102 Million in revenue.
Mitron
Mitron – Indian social media app
Mitron is launched by Shivank Agarwal and Anish Khandelwal on April 11, 2020. It is a video sharing app that provides you with the feature of creating, editing, and sharing your videos. With just a size of 26 Mb, it can easily get fit into your phone space without any problem.
The features that the offers include a cool range of transitions, special effects. Apart from that, the users can edit their videos as per their requirement and there are various types of audio to choose from and can be used in your video. The app is free. Mitron offers more than 15 different categories for content. This app is very popular in the Indian Short video content ecosystem.
Leher
Leher – Indian social media app
Leher is an India Social networking platform that provides room for audio and video discussion. It was founded in the year 2018 on the month of August by Atul Jaju and Vikas Malpani. It is a live discussing platform and any topic can be discussed here with your community and friends. You can also join the discussion of your favorite topic here.
It is easier to interact with the audience and one can do live Q&A, polls comments, and one can also send a direct message to the person they want to. The person who is hosting a discussion, and invite other people of their choice in the discussion and can ask them to participate in it. Stickers and Emoji reactions are also offered to the users to make the discussion more fun
Leher made revenues close to Rs 11 lakhs in FY20, which was a laudable rise from Rs 4 lakhs, which is managed in FY19. It is a competitor of the Clubhouse app.
Kutumb was founded in the year 2020 by Abhishek Kejriwal and Mohit Sharma and is a social networking platform. Through this app, one can get connected with people through their communication and can share images, videos, news, and other things. All of these can be done in your choice of regional languages.
During the time of Covid’s second wave, it is through the help of Kutumb app that numerous NGOs managed to collect donations to help the victims of the Covid-19 disease and prevent or overcome its dreadful effects.
Conclusion
There are a lot of other famous Indian-based Social Media Apps and we would definitely be able to find a lot more different social media platforms coming up in the future. Some apps like Houseparty, a messaging platform; Trell, which is similar to Pinterest, Helo, and Vero social media platforms, and many more.
4.7 billion social media app downloads were recorded at the end of the first half of 2021 with Asia leading the charts. India is the leader of social media downloads, as per the same report App Annie. Therefore, every second, someone or the other is registering on one of the popular social media sites including the made in Bharat apps. If you haven’t visited these websites/platforms yet, now is the time to do so!
FAQ
What is the first Indian social media app?
Bharatam is India’s first own Social Networking platform. It is a platform of the Indians, by the Indians, and for the Indians.
How many Indian apps are there in India?
There are more than 161,022 apps from Indian publishers on Google Play.
Vidhi Punamiya
