Bengaluru, August 18, 2025: In a significant leadership move, social media unicorn ShareChat has appointed Neha Markanda, Google India’s former head of industry and ecommerce, as its new Chief Business Officer (CBO). She will be overseeing revenue growth and business strategy for both ShareChat and its short-video platform Moj.
Markanda succeeds Gaurav Jain, who stepped down in June this year. With over two decades of leadership experience across technology, FMCG, and digital platforms, Markanda brings a strong blend of business acumen and marketing expertise to the table.
“Neha Markanda’s expertise at brand building, her deep understanding of the challenges marketers face, and her proven ability to drive measurable business outcomes make her an invaluable addition to our leadership team,” said Ankush Sachdeva, co-founder of ShareChat.
At Google, Markanda played a pivotal role in shaping the company’s health strategy and spearheaded business transformation projects powered by AI-led solutions in retail and health tech. She has also held leadership positions at Meta, GSK Consumer Healthcare India, HCL Technologies, and ITC Limited.
Reflecting on her new role, Markanda said:
“I look forward to working with the talented teams here to further enhance our offerings and support the business growth ambitions of our partners.”
The appointment comes at a crucial time for ShareChat, which has been navigating challenges in a competitive social media landscape. Earlier this year, the company trimmed its workforce by 5% as part of a performance review cycle. Despite the restructuring, ShareChat has demonstrated resilience: its operational revenue jumped nearly 30% to Rs 718.1 crore in FY24, while losses narrowed by over 41% to Rs 1,898.94 crore.
The company, backed by marquee investors such as Twitter (now X), Tencent, Moore Strategic Ventures, and Alkeon Capital, has so far raised close to $1.3 billion. In 2024, it secured $65 million in debt financing to strengthen its balance sheet.
With Markanda at the helm of business operations, ShareChat is expected to sharpen its revenue playbook, deepen brand partnerships, and push forward in the highly competitive Indian digital entertainment market.
-By Bhumika Rawat
