ShareChat completed the acquisition of HPF Films.

ShareChat, a media company, completed the acquisition of Hera Pheri Films, a media and content creation company. Financial terms were not disclosed. The acquisition will help ShareChat and Moj, its new short-video platform, strengthen their efforts towards building a better content ecosystem, establishing a stronger creator fraternity, and augmenting their advertising solutions for brands. “As ShareChat continues on the aggressive growth journey, it is important for us to invest and build capabilities required to sustain growth on a large base. This acquisition will help us build a framework for our creators and nurture them to evolve as influencers on the platform,” Manohar Charan, ShareChat Vice-President.