Business & Finance
ShareChat, India’s Meta Rival, Plans $400 Million IPO Next Year
Key Points
ShareChat, India’s Meta Rival, Plans $400 Million IPO Next Year Mohalla Tech Pvt., which operates social network ShareChat, short-video platform Moj and subscription-based micro-drama app QuickTV, is seeking to raise as much as $400 million from a public market listing planned for next year. The company, commonly known as ShareChat, has become operationally profitable in the first quarter of the year that began April 2026, Chief Financial Officer Manohar Charan told Bloomberg News in an...
ShareChat, India’s Meta Rival, Plans $400 Million IPO Next Year
Mohalla Tech Pvt., which operates social network ShareChat, short-video platform Moj and subscription-based micro-drama app QuickTV, is seeking to raise as much as $400 million from a public market listing planned for next year.
The company, commonly known as ShareChat, has become operationally profitable in the first quarter of the year that began April 2026, Chief Financial Officer Manohar Charan told Bloomberg News in an interview this week. “Our unit economics has now turned positive,” he said. “We will aim to list over the next four or five quarters.”
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