![]() Part of the funds are being used to deepen the company’s artificial intelligence (AI) and machine learning capabilities. That is a different mindset from when you are a Series B/C sort of company,” he says. Unless you think audacious and long term, you cannot make anything happen. ![]() We are now looking to go from 300 million MAUs to a billion MAUs. “Internally, what has changed is the nature of the bets we take. ![]() “The unicorn tag affects the external perception more,” says Sachdeva. Other investors include Twitter, Snap and Elevation Capital. Mohalla Tech hit unicorn status with a valuation of $2.1 billion, after a $502 million fund raise led by Lightspeed Ventures and Tiger Global. And they preferred to chat in their local dialects,” Sachdeva told Forbes India in 2017. “These people preferred to gather filmy news through the group than on Google. Members would share movie trailers, posters and celebrity gossip. The idea took root in 2014 when, using phone numbers that users shared on a Facebook group for Bollywood news, Sachdeva created ten WhatsApp groups with a 100 members each-the maximum limit for a group then. ![]() “His key strength is to look through the maze and see the bigger picture.”Īn IIT-Kanpur graduate, Sachdeva, along with his batchmates Farid Ahsan and Bhanu Pratap Singh, built and experimented with multiple products-13 to be precise-before finding success with ShareChat. “Ankush has shown amazing leadership qualities both when faced with adversity and opportunity,” says Madhukar Sinha, partner at India Quotient, a Mumbai-based fund that gave Mohalla Tech, the parent company of ShareChat and now Moj, ₹50 lakh in seed funding in 2015. It is this ability to spot and swiftly act on opportunity that sets him apart. ![]()
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