“Failure shows us the way to success. Repeated failure is the first step to success.”
The same thing happened with 3 friends who are from India. After many of whose projects failed, suddenly he got such success in his hand as if Aladdin had got a lamp in his hand. Through this project of his, not only Indians, but millions of American people also became his fans.
Despite failing 14 times, 3 friends raised ShareChat company.
after failing 14 times 3 friends stand up for the share chat company Yes we are talking about Bhanu Pratap Singh, Farid Asan, and Ankush Sachdeva who worked on many projects after completing their IIT but they all failed. After that, he started working on the project of share chat and today there are crores of subscribers of share chat in America as well as in India. This success can be gauged from the fact that it is considered the Indian version of all social media.
About Share Chat.
This is a free Android app that is available in about 10 languages spoken in India. Share Chat has a very cool technology that makes it different from all other social media applications like WhatsApp and Facebook. With state-level languages like Hindi, Bhojpuri, and Chhattisgarhi along with English, you can send the post anywhere and to anyone which is more suitable for all Indians being in different languages and it Makes it user-friendly. ShareChat was founded in 2015 by three friends Bhanu, Farid, and Ankush.
Share chat application always has around 4 million users who share more than 2 lakh posts every day with their friends and relatives. Good morning, messages, jokes, quotes, etc. have been included in this application. Videos, news, etc. in their posts can also be shared through this application. 36 crore funding has been received by the success of their first phase. Soon they are busy arranging funds for the second phase of the scheme.
Share chat started by 3 friends.
The project Share Chat was started by three friends. The 25-year-old Farid started the project of share chat together with two of his friends Bhanu Pratap Singh and Ankush Sachdeva who after completing their IIT studies. Farid says that he wanted to create a social media network of his own in India. In this project, Ankush Sachdeva is working as Chief Product Officer, Farid Asan is CEO and Bhanu Pratap Singh is CTO. In the year 2015, he started his Share Chat office in the posh area of Bangalore and gradually built a strong team of 50 people in it. Out of which 18 developers and some graphic designers are also involved.
Preparation of Competition from Facebook.
There are 24 crore active users of Facebook in India and there are about 240 million users of Facebook in America too. According to all three of us, due to not many options in the local language on Facebook, we can easily survive through share chat. But they had to face a lot of problems due to all the languages spoken in India in share chat.
After 14 projects failed.
Forbes magazine has placed those three friends on the list of Under 30. All three friends are working together for the last 6 years. Earlier all three friends used to be business partners, but after that their friendship deepened. They first started working together on 17 projects, out of which 14 projects failed, but they got some success on the 15th project. Before the project at 15, the three of them started a chat site project which they were considering to debate the No.1 Khan of Bollywood, but their project soon failed.
Meanwhile, ChatFight met 32,000 people who preferred to chat with their friends and relatives only in their local language. All three of them conducted a survey in which all three friends saw that a retired professor from Midnapore was looking for a platform where he could communicate with his friends and relatives in his local language.
Like a retired professor, there were lakhs of people in India who wanted to communicate only in their local language. Due to this, the demand for local languages in India was increasing continuously.
After the arrival of Jio started getting more benefits.
In the last year, with the introduction of free data and cheap smartphones by Jio, internet facility has come to all the people in India. There was no option in the local language for the people living in semi-urban and rural areas, due to which the demand for the local language kept increasing. In 2014, they removed the English language from the ShareChat project. Soon all three of them started working on the User Content System.
There is a possibility of more increase in the readers of Hindi.
According to the report of KPMG, 75% of the people living in India will be using the Internet in the coming year 2021. By 2021, the number of people studying Hindi on the Internet will be much higher than those studying in English. It also includes people studying Marathi, Bengali, and Tamil. Based on this survey, these three friends together prepared a strategy of their own.
The number of users of Share Chat is more in smaller cities.
Recently, more than 70% of the users of his app are young people between 12 to 25 years and elderly people above 70 years of age. Of these, 86 percent of the population is from Tier II and Tier III cities. There are other users not only in India but also in other countries outside India such as Bangladesh, Dubai, and Canada which have a 5 percent ratio. Share chat content Every day there are about 3.5 million shares on WhatsApp.
These three friends proved in front of everyone that those who try are not defeated and many times have to face failures before getting success, many of their projects had failed even before the project of Share Chat became successful. Then all of them reached this point today through share chat and together they created a company of their own through this project.
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Who Started Sharechat?
we are talking about Bhanu Pratap Singh, Farid Asan, and Ankush Sachdeva who worked on many projects after completing their IIT but they all failed. After that, he started working on the project of share chat and today there are crores of subscribers of share chat in America as well as in India. This success can be gauged from the fact that it is considered the Indian version of all social media.