ShareChat acquires video production company Hera Pheri Films

ShareChat has acquired video production company Hera Pheri Films (HPF) for an undisclosed amount. HPF Films currently produces content, including web series, digital ads, short films etc. The company’s 25-member team has now joined ShareChat and will look after its content ops, digital marketing and more. This is ShareChat’s second acquisition in two months. It currently values at $650M and is in talks with investors like Microsoft to raise funds.

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