Rise of microcompanionship: Social media 2.0 is changing the conversation

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India’s creator economy is quietly expanding beyond reels and livestreams. Using voice-led social discovery platforms, young creators–especially women in smaller towns–are earning steady incomes through paid conversations and virtual gifts. This trend is signalling the rise of a “micro companionship” economy going beyond content creation and getting into monetised attention.

Apps such as Elevation Capital-backed Frnd, Sharechat’s Vibely and Dostt focus on voice-led social interactions and matchmaking, largely in non-metro regions. Social…



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Rise of microcompanionship: Social media 2.0 is changing the conversation


India’s creator economy is quietly expanding beyond reels and livestreams. Using voice-led social discovery platforms, young creators–especially women in smaller towns–are earning steady incomes through paid conversations and virtual gifts. This trend is signalling the rise of a “micro companionship” economy going beyond content creation and getting into monetised attention.

Apps such as Elevation Capital-backed Frnd, Sharechat’s Vibely and Dostt focus on voice-led social interactions and matchmaking, largely in non-metro regions. Social…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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