ShareChat Revenue, Valuation, Funding & Investors
ShareChat is valued at $5B as of May 2022, a 64.9x multiple on its last reported $77M revenue.
Last ShareChat valuation
$5B
Series H · May 2022
Last ShareChat funding round
$300M
Series H · May 2022
ShareChat revenue
$77M
Series H · May 2022
Key investors in ShareChat
India Quotient
Lightspeed Venture Partners
Elevation Capital
Shunwei Capital
Temasek
Xiaomi
About ShareChat
ShareChat is a Bengaluru-headquartered Indian social media platform offering content in 15 vernacular languages including Hindi, Tamil, and Bengali. Founded in 2015, it reaches 180 million monthly active users with short videos, live streaming, and creator tools. Backed by Google and Temasek, ShareChat acquired Moj in 2020 and operates data centers in Mumbai for low-latency delivery.
Founded
2015
HQ
BangaloreWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Advertising
Revenue
$77M (May 2022)
Valuation
$5B (May 2022)
ShareChat Valuation
ShareChat is currently valued at $5B, based on its Series H in May 2022.
The $300M round included Temasek, The Times Group, Dominor Investment and Alphabet.
ShareChat's valuation has grown 11x from $459M at its Series C in September 2018 to $5B in May 2022, across 7 priced rounds.
ShareChat valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2022 | Series H | $5B | 64.9x |
| Mar 2022 | Series G | $3.7B | - |
| Dec 2021 | Series G | $3.7B | 48.1x |
| Jul 2021 | Series F | $2.9B | - |
| Apr 2021 | Series E | $2.1B | - |
| Aug 2019 | Series D | $650M | - |
| Sep 2018 | Series C | $459M | - |
ShareChat Revenue
ShareChat's latest recorded revenue is $77M, as of its Series H in May 2022. At a $5B valuation, that implies a 64.9x revenue multiple.
Revenue moved from $77M in December 2021 to $77M in May 2022, while the revenue multiple moved from 48.1x to 64.9x.
ShareChat revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2022 | $77M | $5B | 64.9x | Series H |
| Dec 2021 | $77M | $3.7B | 48.1x | Series G |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
ShareChat Funding History
ShareChat has raised a total of $1.5B across 11 funding rounds.
ShareChat's first fundraising round was a $1M seed round in July 2016. The most recent completed round was a $300M Series H in May 2022.
ShareChat funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2022 | Series H | Temasek; The Times Group; Dominor Investment; Alphabet | $300M | $5B | ShareChat, operated by Mohalla Tech and founded in 2015 by IIT Kanpur alumni Ankush Sachdeva, Farid Ahsan, and Bhanu Singh, is an Indian short video and social media platform that gained traction after the 2020 TikTok ban, competing with homegrown apps in the space. The company raised nearly $300 million in a funding round led by Google, with participation from Times Group and Temasek Holdings, valuing it at $5 billion post-money. This marked Google's second investment in India's short video sector, following its backing of VerSe Innovation's Josh. Prior to this round around May 2022, ShareChat had achieved unicorn status in April 2021 and was last valued at $3.7 billion after raising $266 million in December 2021 from investors including Lightspeed Venture Partners, Tiger Global, Snap Inc., Twitter, and India Quotient. The new funding brought its valuation up from $3.7 billion to nearly $5 billion, with the deal expected to finalize shortly after reports emerged. The platform operates in a competitive Indian market filled with TikTok clones post-ban, positioning ShareChat as a key player in vernacular social media and short-form video content. |
| Mar 2022 | Series G | Times Internet (lead) | $61M | $3.7B | ShareChat is India's vernacular social media platform operating in 14 Indian languages with a short-video platform called Moj. The company raised $60.5 million in Series G funding in March 2022 from Times Internet. This round was part of a highly active fundraising period for ShareChat in 2022, during which the company also raised $300 million in Series H (May 2022) and earlier rounds. ShareChat was valued at $5 billion at the time of its mid-2022 fundraise, representing peak valuation before subsequent downrounds. The company claimed to have more than 400 million registered users at the time of its 2023 fundraising discussions. ShareChat operated in a challenging market environment following India's TikTok ban and faced profitability pressures, ultimately leading to significant valuation markdowns in subsequent years to below $2 billion by 2024. |
| Dec 2021 | Series G | Alkeon Capital (lead); Temasek; India Quotient; Moore Strategic Ventures; HarbourVest Partners | $269M | $3.7B | ShareChat, operated by Bengaluru-based Mohalla Tech Private Limited, is an Indian social media platform enabling content sharing in 15 Indian languages, with its short-video app Moj competing against Instagram Reels post-TikTok ban. The company boasts 180 million active users, with Moj users averaging 34 minutes daily on video content, and had grown to over 2,000 employees by late 2021. On December 16, 2021, ShareChat raised $266 million in the first tranche of its Series G funding round, led by Alkeon Capital, with participation from Temasek Holdings, Moore Strategic Ventures, HarbourVest Partners, and India Quotient, pushing its post-money valuation to $3.7 billion—a 32% increase from $2.8 billion in its prior Series F round five months earlier. This marked the third round of 2021, with total funding that year reaching $913 million and cumulative funding at $1.77 billion. Proceeds were earmarked for enhancing social and live commerce features, expanding the AI/ML team (over 100 people across US, Europe, and India), and operational growth. The round later extended into a multi-tranche $520 million raise closing at $5 billion valuation after acquiring MX TakaTak, adding Google and Times Group as investors in a subsequent $255 million tranche. ShareChat aimed for $100 million in annualized creator earnings by end-2023 via social and live commerce initiatives. Backed by investors including Tiger Global, Lightspeed, Snap, and Twitter from prior rounds, it solidified its position in India's booming internet and smartphone user market following the 2020 Chinese app bans. |
| Jul 2021 | Series F | Moore Strategic Ventures (lead); Temasek (lead); Mirae Asset-Naver Asia Growth Fund | $145M | $2.9B | - |
| Apr 2021 | Series E | Lightspeed Venture Partners (lead); Tiger Global (lead); SAIF Partners; Snap; Xiaomi; Shunwei Capital; X (formerly Twitter) | $502M | $2.1B | ShareChat, an Indian social media platform offering vernacular content sharing, raised $502 million in its Series F funding round on April 7, 2021, achieving a post-money valuation of $2.1 billion. The round was led by Tiger Global with participation from Lightspeed Venture Partners, Snap, Twitter (now X), and other existing investors including Shunwei Capital, Xiaomi, and SAIF Partners, bringing total funding to about $765 million to date. This marked ShareChat as a unicorn, up from a $650 million valuation the previous year. The funding came amid rapid growth in India's short-video market, particularly after the exit of competing apps like those affected by a June 2021 ban. ShareChat capitalized by launching its short-video app Moj in 30 hours, scaling to 120 million monthly active users in nine months, leveraging its world-class feed recommendation system for vernacular content. The company positioned itself to expand its ecosystem toward 1 billion+ cumulative MAUs, drawing parallels to China's dominant short-video platforms like Douyin and Kuaishou. Later developments show ShareChat's parent Mohalla Tech, which also runs Moj and TakaTak, focused on diversified monetization including advertising, virtual gifting, and video commerce. By mid-2022, virtual gifting reached $50 million ARR, but this post-dates the round. |
| Sep 2020 | Series E | India Quotient; Elevation Capital; Pawan Munjal; X (formerly Twitter); Lightspeed Venture Partners; Ajay Shriram | $40M | - | ShareChat, a Bangalore-based social networking platform focused on serving users in non-English languages across 14–15 Indian languages, raised $40 million in a pre-Series E round on September 24, 2020. The round was led by existing investors Twitter, SAIF Partners, Lightspeed Ventures, and India Quotient, with new participants including Pawan Munjal (CEO and chairman of Hero MotoCorp) and Ajay Shridhar Shriram (chairman of DCM Shriram) investing through their family offices. At the time of this funding, ShareChat had raised approximately $264 million in total since inception. The capital was allocated toward product development for Moj, ShareChat's short-video platform launched in the aftermath of TikTok's ban in India, as well as investments in artificial intelligence capabilities, creator ecosystem expansion, and partnerships with music labels. ShareChat and Moj combined claimed over 240 million monthly active users at the time of the round, with Moj alone reaching approximately 80 million monthly active users since its July 2020 launch. The company went on to raise $500 million at a $2.1 billion valuation in April 2021 and subsequently $300 million at a $5 billion valuation in May 2022. |
| Aug 2019 | Series D | X (formerly Twitter) (lead); India Quotient; Trustbridge Partners; Elevation Capital; Shunwei Capital; Thirdbase Capital; Lightspeed Venture Partners; 5Y Capital; Morningside | $100M | $650M | - |
| Sep 2018 | Series C | Shunwei Capital (lead); India Quotient; Elevation Capital; Venture Highway; Xiaomi; Lightspeed Venture Partners; 5Y Capital; Jesmond Holdings | $99M | $459M | - |
| Jan 2018 | Series B | Shunwei Capital (lead); Xiaomi (lead); India Quotient; Elevation Capital; Venture Highway; Lightspeed Venture Partners | $18M | - | ShareChat, an Indian social media platform founded in 2015 and headquartered in Bengaluru (Mohalla Tech Pvt. Ltd), enables users to share content in native languages across 14 Indian languages, targeting non-English internet users with features like user-generated content creation. By 2017, it achieved 5 million downloads and 30% month-over-month user growth; by 2018, it had over 40 million monthly users. In January 2018, ShareChat raised $18.2 million in its Series B round led by Shunwei Capital and Xiaomi, with participation from existing investors including Elevation Capital (formerly SAIF), India Quotient, Lightspeed Venture Partners, and Venture Highway. This followed a $4 million Series A in November 2016 and a $1.35 million seed in July 2016. A subsequent Series C in September 2018 raised $99.23 million from Morningside Venture Capital, Jesmond Holdings, and others. |
| Nov 2016 | Series A | Lightspeed India Partners (lead); India Quotient; Elevation Capital; Venture Highway | $4M | - | ShareChat is an Indic language social networking platform launched in October 2015 by co-founders Ankush Sachdeva, Bhanu Singh, and Farid Ahsan. The platform allows users to create and share content in Indian languages across a social network environment. In November 2016, ShareChat completed a Series A funding round led by Lightspeed Venture Partners with participation from existing investors SAIF Partners and India Quotient, raising $4 million. At the time of the Series A, the company had reached 1 million monthly active users. The capital was deployed toward product development and user acquisition in India's nascent social networking category, which had historically lacked homegrown platforms of significant scale. |
| Jul 2016 | Seed | Elevation Capital (lead); India Quotient; Twitter Ventures; Anicut Capital; Lightspeed Venture Partners; Tiger Global | $1M | - | - |
Who has invested in ShareChat?
29 investors have backed ShareChat across its funding rounds, including India Quotient, Lightspeed Venture Partners, Elevation Capital, Shunwei Capital, Temasek and Xiaomi.
Lead investors include Times Internet, Alkeon Capital, Moore Strategic Ventures, Temasek, Lightspeed Venture Partners and 6 other investors.
ShareChat Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Bangalore | 7 | Participant | Jul 2016 | |
| Gurgaon | 6 | Lead | Jul 2016 | |
 San Francisco, CA | 6 | Lead | Jul 2016 | |
 Beijing | 4 | Lead | Jan 2018 | |
 Singapore | 3 | Lead | Jul 2021 | |
| Bangalore | 3 | Participant | Nov 2016 | |
| Beijing | 3 | Lead | Jan 2018 | |
| Austin, TX | 3 | Lead | Aug 2019 | |
| New York City, NY | 2 | Lead | Jul 2016 | |
| China | 2 | Participant | Sep 2018 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Moore Strategic Ventures | New York City, NY | 2 | Lead | Jul 2021 |
 Hong Kong | 1 | Participant | Apr 2021 | |
| United States | 1 | Participant | Jul 2016 | |
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Start Free TrialAcquisitions by ShareChat
ShareChat has acquired 6 companies to date.
Last acquisition by ShareChat was on February 10th 2022. ShareChat acquired MX TakaTak for $700M.
Latest Acquisitions by ShareChat
| Description | MX TakaTak is an Indian short-video creation app allowing users to produce content and build online followings. | HPF Films is a content creation network connecting artists, brands, and distribution channels across India. It operates in 12 languages with a community exceeding 1000 creators, producing music videos, films, and digital series. Mumbai-headquartered, the platform facilitates regional entertainment distribution on YouTube and OTT services. | Memer is a platform empowering users across India to create and share memes in regional languages like Hindi, Tamil, and Bengali. Bangalore-based, it democratizes meme culture by supporting vernacular content creation and distribution through a user-friendly mobile app. The service connects millions of Indian internet users, fostering community-driven humor tailored to local dialects and cultural contexts. | Circle Internet is a digital media company delivering localized news and information in Indonesia through its platform. It covers topics like lifestyle, technology, and regional events in Jakarta, Surabaya, and Bandung. Launched in 2022, Circle Internet aggregates content from local journalists and integrates multimedia formats for mobile users. | |
| HQ Country | | | | | |
| HQ City | Mumbai | Bangalore | Bangalore | Bangalore | |
| Deal Date | 10 Feb 2022 | 16 Sep 2020 | 27 Apr 2020 | 24 Apr 2020 | |
| Valuation | $700M | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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ShareChat Competitors
ShareChat competitors include listed companies like Doximity, RUM Group, Trump Media & Technology Group and Kakao, and private ones like Medium and Flipboard.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | - | - | $600M | - | |
| United States | Publicly listed | $645M | $229M | $4.7B | 6.2x | |
| United States | Publicly listed | $101M | ($78M) | $3.6B | 19.4x | |
| United States | Publicly listed | $4M | ($723M) | $2.4B | - | |
 South Korea | Publicly listed | $5.9B | $1.1B | $11B | 0.9x | |
| San Francisco, CA | Private | $34M | - | $800M | 23.5x |
ShareChat Public Comps
ShareChat is still privately-owned, but its public comps include Kakaku.com, Doximity, JOYY, RUM Group, Kadokawa, Life360, People.cn, People, M3 Inc. and Snap.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $605M | $175M | 7.5x | 7.0x | 26.1x | 22.2x | |||
| $645M | $229M | 6.3x | 6.2x | 17.7x | 11.9x | |||
| $2.1B | $160M | 1.2x | 1.1x | 16.3x | 11.2x | |||
| $101M | ($78M) | 39.2x | 19.4x | (50.8x) | (70.5x) | |||
| $1.8B | $136M | 1.7x | 1.6x | 22.5x | 23.8x | |||
| $489M | $32M | 6.4x | 5.0x | 97.0x | 25.6x | |||
| $309M | $57M | 8.3x | 8.5x | 44.8x | 42.4x | |||
| $2.4B | $122M | 1.3x | 1.6x | 25.4x | 11.3x | |||
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Common questions about ShareChat
| When was ShareChat founded? | ShareChat was founded in 2015. |
| Where is ShareChat headquartered? | ShareChat is headquartered in Bangalore, India. |
| Is ShareChat publicly listed? | No, ShareChat is a private, VC-backed company. |
| What is ShareChat's valuation? | ShareChat was last valued at $5B in its Series H in May 2022. |
| How much funding has ShareChat raised? | ShareChat has raised $1.5B across 11 funding rounds. |
| What was ShareChat's last funding round? | ShareChat's last funding round was a $300M Series H in May 2022. |
| Who are ShareChat's investors? | ShareChat's investors include India Quotient, Elevation Capital, Lightspeed Venture Partners, Shunwei Capital, Temasek, Venture Highway, Xiaomi, X (formerly Twitter), Tiger Global, 5Y Capital and 19 others. |
| What is ShareChat's revenue? | ShareChat's latest recorded revenue is $77M (May 2022). |
| What is ShareChat's revenue multiple? | ShareChat's latest valuation implies a 64.9x revenue multiple ($5B valuation on $77M of revenue). |
| Which companies are comparable to ShareChat? | Companies comparable to ShareChat include Medium, Doximity, RUM Group, Trump Media & Technology Group, Kakao and Flipboard. |
| How many companies has ShareChat acquired? | ShareChat has acquired 6 companies, including MX TakaTak, HPF Films, Memer, Circle Internet and Elanic. |
| What was the largest acquisition by ShareChat? | The $700M acquisition of MX TakaTak in February 2022 is the largest acquisition ShareChat has made to date. |
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