MAM

ShareChat gets Wavemaker's Ajit Varghese as chief commercial officer

He will be responsible for driving monetisation at ShareChat.

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NEW DELHI: ShareChat has appointed Ajit Varghese as its chief commercial officer. Varghese brings in a track record of 25+ years of leading large-scale business transformations and building diverse and successful businesses around media, creative, digital, data, content, sports, and performance.  

Prior to joining ShareChat, Varghese was the global president at WPP group’s Wavemaker, known among the world’s top five media networks with clients ranging from industry giants like Vodafone, L’Oreal, Huawei, IKEA, Paramount Pictures, Chanel, Xerox, Netflix, Chevron, Beiersdorf, and Tiffany.  

In his new role at ShareChat, he will be pivotal in expanding and strengthening the platform’s revenue efforts and building a robust monetisation approach with the strategic content partnership. He will also spearhead its marketing functions, to be inclined towards brand elevation, aligned with business centricity. He will be reporting into ShareChat COO & co-founder Farid Ahsan. 

This key appointment announcement comes amidst Sharechat witnessing exponential growth in the past few months. The upward curve not only mirrors the new user growth and higher user engagement on the platform but also reflects an increased interest among B2C brands, for leveraging Bharat internet audiences. 

Farid Ahsan said, “Brand marketing and monetisation is going to be the core focus of ShareChat and we will direct our efforts towards elevating the brand positioning through strategic communications approach. Ajit, with his leadership capabilities and expert knowledge of the media, marketing and advertising domain, will play a critical role in further building brand awareness, deepening relationships with our business stakeholders and driving ShareChat toward the next phase of growth.”  

Ajit Varghese said, “Having previously worked and transformed several global organisations, it has always been a hidden desire to contribute towards transforming an Indian organisation to global repute. I believe ShareChat in the next few years will evolve as the default partner to every brand, homegrown and global, who intends to engage with the internet-first population. As the digital advertising landscape awaits the inclusion of over 400 million new internet users, mostly inclined towards native languages, ShareChat will stay at the forefront of unveiling a new digital era. This will be an exciting journey for me as I look forward towards contributing to ShareChat’s growth and building a win-win relationship with our community of users, partners and business stakeholders.” 

An alumnus of Xavier Institute of Management, Bhuvaneshwar, and a graduate in agriculture engineering from Orissa University of Agriculture and Technology, Varghese has worked across India, Singapore and London. With years of leadership positions across globally-reputed media organisations like Wavemaker (WPP), Maxus (WPP), Madison World, he has been recognised as a Global Media Leader with a track record of turning around organisations, leading rapid growth, and gaining market dominance. 

Over the past few months, ShareChat has been strategizing to become a future-ready organisation by delivering an immersive social experience to its users and building a global product. The platform has collaborated with leading music labels in India and across the globe, set up ‘ShareChat Labs’ in Silicon Valley, and driven content partnerships with various news and entertainment organisations. Over 150 B2C brands have partnered with ShareChat to explore its strength in engaging with Bharat (language-first) internet audience on the platform. 

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