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ShareChat is a technology company.
ShareChat has raised $1.0B across 7 funding rounds.
ShareChat has raised $1.0B in total across 7 funding rounds.
ShareChat is India's largest homegrown social media platform, enabling users to connect and share content in various Indian languages. It also includes Moj, a leading short-video app.
ShareChat is an Indian technology company that builds vernacular social media platforms, primarily the ShareChat app for multimedia content sharing and Moj for short-form videos, serving over 350 million monthly active users across 15 Indian languages.[1][2] It targets users in rural and semi-urban areas who prefer regional languages like Hindi, Gujarati, Marathi, Punjabi, Telugu, Tamil, and Bengali, solving the problem of limited access to culturally relevant social networking dominated by English-centric platforms.[1][3][4] With a $5 billion valuation as of 2025 and revenue of $85 million, ShareChat demonstrates strong growth momentum through user-generated content, community engagement, and strategic acquisitions, positioning it as India's largest homegrown social media platform.[1][2]
ShareChat was founded in 2015 by IIT Kanpur graduates Ankush Sachdeva (CEO), Bhanu Pratap Singh (former CTO), and Farid Ahsan (former COO), under Mohalla Tech Pvt Ltd in Bengaluru.[1][2][3] The idea emerged from recognizing India's linguistic diversity and the need for a platform enabling content creation and sharing in regional languages, starting with just 4,000 monthly active users.[4] Early traction came from focusing on non-metro users; pivotal moments include acquiring short-video app Clip in 2019, fashion marketplace Elanic and meme platform Memer in 2020, hyperlocal platform Circle Internet in 2020, and MX TakaTak for $700 million in 2022, which boosted its short-video ecosystem.[2] By 2023, leadership transitioned with the CTO and COO stepping down, leaving Sachdeva at the helm alongside key executives like CFO Manohar Singh Charan.[2]
ShareChat rides the wave of India's digital boom, where rising internet penetration in non-English speaking regions—especially rural and semi-urban areas—creates demand for localized social media, countering dominance by global giants like Instagram and TikTok.[1][4] Timing aligns with affordable data, Jio's rollout, and post-2020 short-video surge, amplified by its 2022 MX TakaTak acquisition amid regulatory pressures on foreign apps.[2] Market forces like linguistic diversity (over 1,600 languages) and 500+ million new internet users favor its growth, influencing the ecosystem by empowering regional creators, boosting local advertising ($85M revenue), and pioneering vernacular AI for content curation.[1][3] It shapes India's consumer internet by democratizing expression and fostering inclusive digital communities.
ShareChat's trajectory points toward IPO readiness, deeper AI integration for personalized vernacular feeds, and global expansion of Moj's short-video model, capitalizing on India's 1 billion+ internet users by 2030.[1][2] Trends like rising creator economies, regional e-commerce tie-ins, and regulatory tailwinds for homegrown apps will propel it, though competition and monetization scaling remain key watches. As India's vernacular social pioneer, it will likely redefine digital inclusion, evolving from a $5B disruptor to a global cultural connector—echoing its founding mission to empower every voice in native tongues.[1][7]
ShareChat has raised $1.0B in total across 7 funding rounds.
ShareChat's investors include Alkeon Capital, Bain Capital Ventures, Coatue, Creandum, Thrive Capital, Keri Gohman, Alumni Ventures, Andreessen Horowitz, Blume Ventures, Caffeinated Capital, Greylock, Lakestar.
ShareChat has raised $1.0B across 7 funding rounds. Most recently, it raised $270.0M Series G in December 2021.