ShareChat, the Indian social media platform often seen as a rival to Meta, is preparing for a public listing next year, with reports saying it may raise about $400 million, or roughly ₹3,799 crore. The move comes after the company turned operationally profitable and said its unit economics have become positive. The IPO is expected to be filed for Mohalla Tech Pvt., the parent company that runs ShareChat, short-video app Moj, and the micro-drama platform QuickTV. According to reports, the company wants to list over the next four to five quarters, which points to a possible 2027 market debut. The offer size is still not final and may change depending on market conditions.
For ShareChat, the timing is important. The company has spent the past few years cutting costs and reducing its workforce after venture funding slowed down following the post-pandemic downturn. Now, a return to profitability gives it a stronger story to tell public investors.
ShareChat’s turnaround also reflects the broader recovery of India’s startup market. The company’s CFO said that unit economics have turned positive, which means the business is now making better use of each rupee it earns. That is a key signal for investors because it shows the company may be moving toward more stable growth.
The platform has built a large audience through ShareChat, Moj, and QuickTV, giving it multiple ways to earn revenue in social media and entertainment. Reports also note that the business had around 65 million monthly micro-drama viewers, showing its content push is gaining scale.
If ShareChat goes ahead with the IPO, it could become one of the most closely watched startup listings in India next year. A listing from a former high-burn consumer internet company that has now reached profitability would likely boost confidence in the sector. It could also set a benchmark for other Indian startups hoping to tap public markets after improving financial performance.
FAQs [Frequently Asked Questions]
1. What is ShareChat planning?
ShareChat’s parent company, Mohalla Tech, is planning an IPO next year and may raise about $400 million, or ₹3,799 crore.
2. Why is this IPO important?
It matters because ShareChat has turned operationally profitable, which makes its public market debut more attractive to investors.
3. Which apps does Mohalla Tech run?
Mohalla Tech runs ShareChat, Moj, and QuickTV, giving it a mix of social networking, short video, and micro-drama content.