About ShareChat
ShareChat is a company based in Bengaluru (India) founded in 2015 by Ankush Sachdeva and Farid Ahsan.. ShareChat has raised $1.23 billion across 16 funding rounds from investors including Google, Tencent and Xiaomi. The company has 1,318 employees as of March 31, 2024. ShareChat has completed 6 acquisitions, including Circle Internet, Clipapp and Elanic. ShareChat offers products and services including ShareChat App and Content Sharing Feature. ShareChat operates in a competitive market with competitors including Instagram, MIXI, VerSe, Path and 9GAG, among others.
- Headquarter Bengaluru, India
- Employees 1318 as on 31 Mar, 2024
- Founders Ankush Sachdeva, Farid Ahsan
- Stage Unicorn
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Mohalla Tech Private Limited
- Date of Incorporation 08 Jan, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$86.42 M (USD)71.45as on Mar 31, 2023
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Net Profit
$-618.52 M (USD)-72.13as on Mar 31, 2023
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EBITDA
$-366.64 M (USD)-3.5as on Mar 31, 2023
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Total Equity Funding
$1.23 B (USD)
in 16 rounds
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Latest Funding Round
$16 M (USD), Debt – Conventional
Aug 03, 2024
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Investors
Google
& 47 more
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Employee Count
1318
as on Mar 31, 2024
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Investments & Acquisitions
Circle Internet
& 5 more
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Products & Services of ShareChat
ShareChat offers a comprehensive portfolio of products and services, including ShareChat App and Content Sharing Feature. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for sharing user-generated videos, quotes, and trends.
Tool to like, comment, and boost content visibility.
Unlock access to complete
Funding Insights of ShareChat
ShareChat has successfully raised a total of $1.23B across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $16 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 16
- Last Round Debt – Conventional — $16.0M
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First Round
First Round
(23 Feb 2015)
- Investors Count 48
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Debt – Conventional - ShareChat | Valuation |
investors |
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| Mar, 2024 | Amount | Debt – Venture - ShareChat | Valuation |
investors |
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| Jun, 2022 | Amount | Series H - ShareChat | Valuation | Touchstone Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ShareChat
ShareChat has secured backing from 48 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Google, Tencent and Xiaomi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Founded Year | Domain | Location | |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ShareChat
ShareChat has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Circle Internet, Clipapp and Elanic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based social platform for sharing short videos
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2020 | ||||
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Local news portal with a focus on Uttar Pradesh
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2018 | ||||
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Video production and content services are provided to clients.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ShareChat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sharechat Comparisons
Competitors of ShareChat
ShareChat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Instagram, MIXI, VerSe, Path and 9GAG, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Social platform for photo and video sharing
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| domain | founded_year | HQ Location |
Mobile games and social platforms are developed and published.
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| domain | founded_year | HQ Location |
Developer of a short-video platform and technology infrastructure
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| domain | founded_year | HQ Location |
App-based platform for photo sharing
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| domain | founded_year | HQ Location |
Image and video sharing social platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sharechat
Frequently Asked Questions about ShareChat
When was ShareChat founded?
ShareChat was founded in 2015.
Where is ShareChat located?
ShareChat is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ShareChat?
Ankush Sachdeva is the current CEO of ShareChat. They have also founded this company.
Is ShareChat a funded company?
ShareChat is a funded company, having raised a total of $1.23B across 16 funding rounds to date. The company's 1st funding round was a Series H of $150.5M, raised on Feb 23, 2015.
How many employees does ShareChat have?
As of Mar 31, 2024, the latest employee count at ShareChat is 1,318.
What is the annual revenue of ShareChat?
Annual revenue of ShareChat is $86.42M as on Mar 31, 2023.
What does ShareChat do?
ShareChat was established in 2015 in Bengaluru, India, as a social media platform focused on app-based sharing of content in multiple languages. News feeds, daily horoscopes, poetry, government job alerts, and microgaming options are offered to users. Connections among users are supported through shake-and-chat for similar genres, private messaging, and open tagging. Access is provided via Android and iOS applications.
Who are the top competitors of ShareChat?
What products or services does ShareChat offer?
ShareChat offers ShareChat App and Content Sharing Feature.
How many acquisitions has ShareChat made?
ShareChat has made 6 acquisitions, including Circle Internet, Clipapp, and Elanic.
Who are ShareChat's investors?
ShareChat has 48 investors. Key investors include Google, Tencent, Xiaomi, Snap, and Lightspeed Venture Partners.
What is ShareChat's valuation?
The valuation of ShareChat is $4.35B as of Jun 2022.
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