ShareChat plans up to $400 million IPO after turning operationally profitable in Q1: Report
ShareChat, one of India’s leading homegrown social media companies, is preparing for a public listing next year. The company is reportedly planning to raise up to $400 million (nearly Rs 998 crore) through an Initial Public Offering (IPO), according to Bloomberg.
The Bengaluru-based firm, which runs the multilingual social platform ShareChat, short-video app Moj, and subscription-based micro-drama platform QuickTV, achieved a significant turnaround by becoming operationally profitable in the first quarter of FY27.
