ShareChat's parent plans a $400 million IPO after years of cuts and losses
Mohalla Tech, the Indian company behind ShareChat, Moj and QuickTV, is planning a public listing within four to five quarters and aiming to raise up to $400 million, according to Bloomberg. The move follows a sharp turnaround: after cutting a fifth of its staff and taking a steep valuation cut in 2023, the company says it turned operationally profitable in its first fiscal quarter of 2026.