Recently, Tik Tok and Hello App’s parent company, ByteDance, shut down their Indian businesses completely. This left thousands of people unemployed. Now Indian Startups are coming forward to help them. Companies such as Bolo India and Chingari have expressed a desire to include some employees in their team.
CEO and Founder of Bolo India, Varun Saxena said that it is unfortunate for Indian talent to be unemployed with the Chinese app ban in India. The Indians working in these companies are quite talented. We want them to be a part of our journey by including some of them in our team. The company will recruit for many posts including business development, user engagement, product management, community management, content strategy, content moderation function etc. Apart from this, there will also be appointments to the posts of Vice President and Assistant Vice President to enhance the leadership team. Bolo India App was launched in May 2019. The company claims that it has 6.8 million active monthly users in India.
Some employees will find a place in the Chingari. Short video platform Chingari also said that it will hire some people affected by job cuts. Aditya Kothari, Co-Founder of Chingari said that Indians have the ability to do wonders and our priority right now is the Indian market and in the future we will expand our business. He said that this retrenchment is quite unfortunate. No company wishes to do this for itself or its employees. We will hire some people fired from ByteDance. The company – Tik Tok said that it had decided to shut down the business in India because no clear information was being given to them from the government as to how and when they would be able to resume their operations. Tik Tok is one of the 59 Chinese Apps that the government has decided to ban permanently. The decision was taken several months after the government temporarily banned Chinese Apps in June last year. Despite ban in India and the ongoing legal battle in the US, Tik Tok became the highest-grossing app globally in 2020, with making a profit of Rs 3.9 thousand crore. Tik Tok was the world’s most downloaded app in 2020, with 85 million, according to app analytics firm Apptopia. It was followed by WhatsApp with 60 million downloads and Facebook with 54 million downloads.