![]() Union Minister for Information and Broadcasting Anurag Thakur spoke on the occasion of National Press Day. It saw its losses increase by 8.4% to touch Rs 3,241 crore in FY23 as compared to Rs 2,989 crore in FY22. This income rose 2.3 times to Rs 285 crore in FY23 from Rs 121 crore in FY22.Īccording to TheKredible, in a new round, ShareChat raised $255 million from Google, Times Group and Temasek at a valuation of $5 billion. ShareChat Coin, the in-app virtual currency, purchases for its chat rooms overtook its advertisement income to form 52% of the total revenue. The company’s expenses, however, stood at Rs 5,862 crore, resulting in losses of Rs 5,144 crore for FY23.Īccording to a report in Entrackr, ShareChat’s revenue from operations increased 59.4% to Rs 533 crore up from Rs 347 crore in FY22. Mohalla Tech, the owner of social media platform ShareChat and short video platform Moj, has posted a revenue of Rs 718.75 crore for the financial year ending March 31, 2023. Marketing News, Television Media, Radio Media For more updates, be socially connected with us on Instagram, Read more news about Digital Media, Internet Advertising, Bhide Scooter Race, TMKOC Air Hockey, Bhide Pickle Delivery, Gokuldham Kite Flying and Tapu Skating Adventure are the first of many games that are available on the platform. The platform will host free-to-play games and cloud-based adventures, for both single-playe and multiplayer gamers. This growth encompasses multiple languages, including English, Hindi, Marathi, Punjabi, Bengali, Bhojpuri and Gujarati. The company has recorded 5 million game downloads, and their YouTube rhymes channel has expanded its subscriber base from 1.5 million to 3 million in a brief span. Neela Films, the production house recently invested INR 24cr into Neela Mediatech, the gaming, animation and e-commerce business as an extension to Taarak Mehta Ka Ooltah Chasmah IP. This partnership will facilitate an expansion of our user base, providing an exceptional digital entertainment experience.” Therefore, it's a strategic move to capitalize on each other's strengths. Asit Modi, Creator, Producer and Managing Director of Neela Film Production and Neela Mediatech, said, “TMKOC and Jio are familiar names in households nationwide, and their user base extends even to the remote corners of cities and towns. This partnership will enable Jio Games to welcome fresh users from the existing audience of over 60 million captivated by the 'TMKOC' intellectual property.Īnnouncing this partnership, Mr. ![]() ![]() Jio platform users will now have the opportunity to enjoy a diverse selection of games centred on the theme of 'TMKOC' and immerse themselves in the roles of their cherished characters from the series. Having recently announced the launch, Neela Mediatech in a short time has collaborated with Jio Games to leverage the vast user base of over 500 million to extend its reach, with an anticipated growth of 5x within the coming 6 months. With this partnership, the company aims to roll out 50+ games on the Jio Games platform targeting a significant base of Indian mobile and cloud gaming users. ![]() Neela Mediatech’s gaming platform TMKOC PLAY, built on the IP, Taarak Mehta Ka Ooltah Chashmah has announced a strategic partnership with Jio Games. ![]()
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