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Tuesday, December 24, 2024

From Failure To Success: Inspiring story of ShareChat’s founder Ankush Sachdeva who launched 17 failed startups

The inspiring tale of ShareChat’s founder Ankush Sachdeva is one of perseverance and determination. Before ShareChat he had launched 17 startups but they all failed.

Ankush Sachdeva, a serial entrepreneur, has attempted to launch 17 startups in his career so far. However, none of them have been successful. Ankush Sachdeva, along with his two IIT-ian friends, Farid Ahsan and Bhanu Singh, have successfully collaborated on the Sharechat app, which was launched in October 2015, after 18 attempts.

The founder of ShareChat, Ankush Sachdeva, has become a prominent figure in the tech industry. However, prior to his success with ShareChat, Sachdeva faced 17 failures. Despite these setbacks, he persevered and eventually struck gold with his social media platform. Ankush Sachdeva’s recognition of the need for a vernacular social media platform has led to the success of the company.

The platform has been designed to connect users from smaller towns and cities in India, where Facebook and other platforms were not user-friendly due to the English language complexity.

In January 2015, Mohalla Tech Private Limited was established as a social networking platform catering to Indian audiences. The company is the parent organization of ShareChat. The platform is currently accessible in 15 languages, such as Hindi, Malayalam, Gujarati, Marathi, Punjabi, Telugu, Tamil, Bengali, Odia, Kannada, Assamese, Haryanvi, Rajasthani, Bhojpuri, and English.

Ankush Sachdeva, a former student of Somerville School, pursued his higher education at IIT Kanpur after enrolling in 2011. At the time, he was in pursuit of a Bachelor of Technology (B.Tech.) degree in Computer Science.

In 2015, Ankush Sachdeva successfully obtained his B.Tech. degree. Prior to this, he had interned at Microsoft for a period of three months, spanning from May to July in 2014.

Ankush Sachdeva, an entrepreneur, has attempted to launch 17 startups in the past, but unfortunately, none of them have been successful. Ankush Sachdeva, together with his two IIT-ian friends, Farid Ahsan and Bhanu Singh, successfully launched the Sharechat app in October 2015 after 18 attempts.

The CEO of ShareChat, Ankush Sachdeva, leads the company from its headquarters in Bangalore. ShareChat boasts an impressive reach of over 350 million monthly active users spanning across 15 different Indian languages. ShareChat has a workforce of more than 2500 employees.

ShareChat, the Indian social media platform, has reportedly reached a valuation of over $5 billion, equivalent to more than Rs 40,000 crores as of June 2022.

The inspiring tale of Ankush Sachdeva is one of perseverance and determination, as he refused to abandon his aspirations of establishing a thriving enterprise. Ankush Sachdeva’s unwavering determination and tenacity led to the establishment of ShareChat.

Ankush Sachdeva’s vision and hard work have been exemplified in ShareChat. The tale of Ankush Sachdeva serves as a poignant reminder that setbacks are temporary and surmountable. Through diligent effort and an open-minded approach to education, triumph can be attained.

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