ShareChat parent Mohalla Tech eyes $400 mn IPO
As per reports, the company plans to go public over the next year
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Published: Jul 3, 2026 10:00 AM | 1 min read
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- Mohalla Tech, the parent company of ShareChat, Moj, and QuickTV, plans to raise up to $400 million through an IPO within the next four to five quarters.
- Chief Financial Officer Manohar Charan indicated that the company aims to go public within the next year, though plans may change.
- The company's annual revenue has surpassed Rs 10 billion, with an annualized growth rate approaching Rs 14 billion and exceeding 30%.
- Mohalla Tech's platforms reach approximately 65 million monthly viewers of micro-dramas, with ShareChat and Moj serving around 150 million monthly active users and QuickTV exceeding 3 million subscribers.
Mohalla Tech, the parent company of ShareChat, Moj and micro-drama platform QuickTV, is planning to raise up to $400 million through an initial public offering (IPO) over the next four to five quarters.
News reports have quoted Chief Financial Officer Manohar Charan as saying that the company aims to go public over the next year or so, although the listing plans remain subject to change.
Mohalla Tech's annual revenue has crossed Rs 10 billion and is currently running at an annualised pace of up to Rs 14 billion, with revenue growth exceeding 30%, according to the company.
As per Mohalla Tech’s estimates its platforms reach around 65 million monthly micro-drama viewers, accounting for nearly two-thirds of India's audience for the format. Users across its platforms watch more than 700 million micro-drama episodes every day.
ShareChat and Moj together serve around 150 million monthly active users, while QuickTV has crossed 3 million subscribers, as per reports.
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