We are elated to announce that one of our portfolio company is now a Unicorn. Anicut Angel fund invested in ShareChat as part of a round led by internal investors in 2020. In a span of few months, ShareChat has grown leaps and bounds to become India’s largest regional social media platform with 160mn MAUs serving 15 Indian languages. ShareChat was quick to spot a gap in the micro video space and subsequently launched 'Mauj' which is already scaled to 120mn MAU's.
We at Anicut strongly believe in providing the best opportunities to our investors via our rigorous curation process and working with the founders to help them scale their businesses to greater heights. We would like to thank our team, portfolio founders and our investors for the continued support and believing in our vision.
We are privileged to be part of Indian startup ecosystem where we see tremendous growth over the next few years.