About SHAREit
SHAREit is a company based in Singapore (Singapore) founded in 2015 by Michael Qiu.. The company has 14 employees as of March 29, 2024. SHAREit has completed 1 acquisition, including Fastfilmz. SHAREit offers products and services including SHAREit and SHAREit Lite.
- Headquarter Singapore, Singapore
- Employees 14 as on 29 Mar, 2024
- Founders Michael Qiu
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Shareit Technology India Private Limited
- Date of Incorporation 23 Jan, 2017
- Jurisdiction Gurugram, Haryana, India
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Products & Services of SHAREit
SHAREit offers a comprehensive portfolio of products and services, including SHAREit and SHAREit Lite. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for data-free and super fast file sharing among users worldwide.
Lightweight tool for easy and efficient file transfers on mobile devices.
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Funding Insights of SHAREit
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Seed - SHAREit | Valuation | Tencent |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SHAREit
SHAREit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tencent. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Value-added internet, mobile, and telecom services are provided in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SHAREit
SHAREit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fastfilmz. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Video content is delivered on demand via mobile applications.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SHAREit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shareit Comparisons
Competitors of SHAREit
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shareit
Frequently Asked Questions about SHAREit
When was SHAREit founded?
SHAREit was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is SHAREit located?
SHAREit is headquartered in Singapore, Singapore.
How many employees does SHAREit have?
As of Mar 29, 2024, the latest employee count at SHAREit is 14.
What is the annual revenue of SHAREit?
Annual revenue of SHAREit is $1.22M as on Mar 31, 2023.
What does SHAREit do?
Provider of an AI-based file transfer app. It enables bulk, simultaneous and rapid transfer of files such as videos, photos, wallpapers, documents, apps and music between devices. It includes a media and content discovery platform, video and music player, personalised sharing and download of GIFs and wallpapers. It also provides apps for batch copying, locking of apps, music playing and device cleaning.
What products or services does SHAREit offer?
SHAREit offers SHAREit and SHAREit Lite.
How many acquisitions has SHAREit made?
SHAREit has made 1 acquisition, including Fastfilmz.
Who are SHAREit's investors?
SHAREit has 1 investor. Key investors include Tencent.