Sharechat cuts adj losses by 72% in FY25, but revenue stalls

Temasek-backed Mohalla Tech, which owns vernacular social media platforms ShareChat and Moj, has managed to substantially reduce its operating losses over the past financial year, but a narrow focus on profitability stalled its revenue growth. The management now says it is “back in growth mode” for the current fiscal and expects to clock nearly 30% topline growth for FY26.