Sharechat’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)

Legal Name: Mohalla Tech Private Limited | CIN: U74999KA2015PTC103797

Introduction

ShareChat, founded in January 2015 by Bhanu Pratap Singh, Ankush Sachdeva, and Farid Hasan, is a leading Indian social networking platform under Mohalla Tech, enabling users to share images, videos, audio, and text-based content in multiple regional languages. Over the years, ShareChat has grown rapidly, serving hundreds of millions of users across India by focusing on vernacular engagement, community-driven features such as audio chatrooms, virtual gifting, and short-video formats (Moj). The platform has attracted significant investor interest, raising multiple funding rounds to fuel product expansion, content moderation advancements, and monetization initiatives via advertising and live streaming. ShareChat’s emphasis on regional-language penetration and innovative features has positioned it as a key player in India’s social media landscape, driving consistent top-line growth while managing operational challenges in profitability and cost optimization.

Company Snapshot & Financials FY23

Founding year	2015
Headquarters	Bengaluru, Karnataka, India
Valuation	$5.0 billion (as of May 2022)
Total Funding	~$1.23 billion over 16 rounds
Users	~350 million monthly active users
Employees	~2,500 (as of 2022)
Revenue FY23	₹552.73 Cr (FY ending Mar 2023)
Net profit (PAT) FY23
EBITDA Margin FY23	N/A (negative)
ROCE FY23	N/A

Funding History

Round	Date	Amount	Valuation	Investors
Series C (approx.)	September 2020	$40 million	Not disclosed	Hero MotoCorp (Pawan Munjal), Twitter, SAIF Partners, Lightspeed Ventures, India Quotient
Series D (approx.)	April 2021	$500 million	~$2 billion valuation	Google, Times Group, Temasek, etc.
Series E (approx.)	May 2022	$300 million	$5 billion valuation	Google, Times Group, Temasek Holdings

Revenue and Profit Trends

Over the past three fiscal years, ShareChat’s revenue has shown robust growth driven by expanded user engagement and monetization via advertising and live-streaming. For example, revenue rose from approximately ₹425 Cr in FY22 to ₹552.7 Cr in FY23, and further to ₹718.1 Cr in FY24 (a ~29.9% YoY increase). Profitability remains challenging: the company has reported substantial net losses in recent years due to aggressive investments in product, content moderation, and marketing.

Expense Efficiency & Margins

ShareChat’s cost structure has included significant expense on employee benefits, content moderation, and technology infrastructure. While cost-optimization measures (e.g., layoffs, renegotiated vendor contracts) have reduced expenses, margins remain under pressure. EBITDA margins have been negative, although adjusted EBITDA losses narrowed in FY24 compared to prior year.

Employee Trend & Insights

Employee count peaked around 2,500 (as of 2022) and saw reductions via multiple layoff phases in 2022–2023 to streamline operations. These workforce adjustments aim to align costs with revenue growth, improving operational efficiency. Future hiring will likely focus on core areas like content moderation, AI-driven personalization, and monetization teams.

Strategic Growth, Plans & IPO

Deepening vernacular engagement by adding new languages and community features to increase user stickiness and advertising revenue.
Enhancing live-streaming monetization and virtual gifting to diversify revenue streams beyond advertising.
Investing in AI-driven content moderation and personalization to improve user experience and regulatory compliance.
Exploring strategic partnerships or acquisitions (e.g., in regional content, short-video platforms) to accelerate growth.
Monitoring IPO readiness: focusing on narrowing losses and achieving sustainable margins before potential public listing.

Latest News

In early 2025, ShareChat’s parent Mohalla Tech reported ~29.9% YoY revenue growth to ₹718.1 Cr in FY24, with adjusted EBITDA losses narrowing by ~67% to ~₹793 Cr. The platform continues cost optimization after multiple layoff rounds, while expanding live-stream features and ad monetization. Regulatory focus on content moderation remains key.

Overall Summary

Metric	Details
Employees	From ~2,200 in FY21 to ~2,500 in FY22, then reduced to ~2,000 in FY23 (cost-optimization layoffs) – reflects operational streamlining.
Revenue	₹425 Cr (FY22) → ₹552.7 Cr (FY23) → ₹718.1 Cr (FY24) (+29.9% YoY FY24) – strong top-line growth driven by advertising & live streaming.
PAT (Net Profit/Loss)	Substantial net losses in recent years (e.g., ₹-4,064 Cr in FY23) but narrowing adjusted EBITDA losses in FY24 – indicates path towards improved profitability. (Negative margins)
EBITDA Margin	Negative margin in FY23/FY24 but improved from prior year (adjusted EBITDA losses narrowed ~67% in FY24) – margin recovery focus.
Strategic Investments	Raised significant funding rounds (e.g., $300M in May 2022 at $5B valuation) to invest in product, AI moderation, monetization features, and strategic acquisitions (e.g., MX TakaTak).
IPO Status	Not yet public; focusing on narrowing losses and scaling monetization before considering listing.
Expansion Focus	Deeper regional penetration, content partnerships, enhancing live-stream and short-video features to sustain growth.
Latest News	FY24 revenue growth to ₹718.1 Cr with narrower EBITDA losses; ongoing cost optimization; regulatory and content moderation remain critical.

Conclusion

ShareChat has established itself as a leading vernacular social platform in India, achieving robust revenue growth driven by advertising and live-streaming, while tackling profitability challenges through cost optimization and strategic fundraising. Its focus on AI-driven moderation, enhanced monetization features, and regional-language engagement positions it for continued market leadership. As it works to narrow losses and optimize margins, the company remains poised for potential future listing once sustainable profitability is in sight.

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Sources

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