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Startup Street: ShareChat's monetisation plan and why angel investors' prefer the syndicate route now

Updated : November 11, 2019 08:47 PM IST

On Startup Street's 'What’s Brewing’, one takes a look at a new social media platform called Smashboard which is set to be launched with the aim to establish a feminist and all-inclusive online community for survivors of sexual violence.

Founded by former journalist Noopur Tiwari, Smashboard will be an alternative social media platform which will offer support and community network as well as access to insurance cover for legal services and mental healthcare support.

In Startup Street’s ‘Checking In’, Moneycontrol's Sunny Sen caught up Sunil Kamath, Chief Business Officer at ShareChat and spoke to him about how the regional language social media platform is different from other social media platforms and how it plans to monetise its 60 million users.

Have you been struggling to get a cab on Ola or Uber lately? CNBC-TV18’s Alisha Sachdev and Mugdha Variyar report that it is probably because there is a dearth of cabs and drivers. This shortage is partly due to drivers walking away from the ride-share platforms, and partly because financing vehicle purchases has become tougher.

Lastly, in ‘Hot Seat’, CNBC-TV18’s Shruti Mishra spoke to Shanti Mohan, Co-Founder & CEO of LetsVenture, Mohit Satyanand, Chairman of TeamWork Arts, and Pallav Pandey, Chief Product Officer of Elara Technologies and discussed why angel investors have been taking the syndicate route to invest in startups.
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