Sharechat looking to acquire AI and ML startups


New Delhi: Twitter backed social media platform ShareChat is looking at buying startups in areas like synthetic intelligence, machine studying together with on-line gaming, dwell streaming amongst others to give its platform which operates in 16 regional languages a lift.
Manohar Charan, Vice President, Corporate Development and Strategic Finance advised ET that ShareChat which has 60 million customers is looking to additional add product options like dwell streaming, or on-line gaming and serve extra partaking and related content material . “Other areas of interest are machine learning, artificial intelligence, natural language processing and Computer Vision. The idea is to scout for companies which will quickly add capabilities that will help in getting better user attention, faster go to market, lift user engagement and serve content the right way through feed optimisation and flagging inappropriate comment,” mentioned Charan.

The firm is already in discussions with few startups and is probably going to shut offers quickly.

Charan has been just lately been appointed by ShareChat and leads the investor relations, mergers and acquisitions (M&A), strategic finance and authorized capabilities at ShareChat. Charan’s final task was at Zomato and he has had previous stints with Uber, Royal Bank of Scotland and PropTiger, the place he led the acquisitions of Housing.com and Makaan.com.

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