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ShareChat Eyes $400M IPO Next Year

2 Jul

Summary

ShareChat plans to raise up to $400 million via public listing.
The company operates social network ShareChat and Moj app.
The IPO is anticipated to take place next year.

Mohalla Tech Pvt., widely recognized as ShareChat, is gearing up for a substantial public market debut. The company is targeting to raise up to $400 million through an Initial Public Offering (IPO) slated for next year.

ShareChat operates a portfolio of popular digital platforms, including its namesake social network, the trending short-video app Moj, and the subscription-based micro-drama service QuickTV. These platforms have cemented its presence in the digital content space.

The planned IPO represents a significant milestone for ShareChat as it seeks to leverage public markets for further expansion and development. The company has demonstrated operational progress, positioning itself for this major financial event.

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