Bengaluru-based regional language social media company ShareChat has announced a partnership with Appnext, a leading mobile discovery platform, to expand its target audience.

Since its partnership with Appnext, ShareChat said its daily user acquisition has grown substantially.

Suraj Kawade, user acquisition and partnership manager at ShareChat, said,“Appnext enables us to operate in a much more agile, proactive and strategic manner with precise users targeting resulting unmatched performance.

The startup, reportedly valued at $600-$650 million, has 60 million monthly active users across the country.

This increase in loss comes on the backdrop of increased revenue of Rs 25.8 crore in the same financial year. | To read full story, visit https://startuparound.com/read/1581516006.110947/ShareChat-expands-target-audience-with-Appnext-recommendation-engine?ref=audio_experience