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.
App for sharing user-generated videos, quotes, and trends.
Tool to like, comment, and boost content visibility.
People of ShareChat
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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.
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.
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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An investment platform is provided for diverse sectors and geographies.
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Venture and private equity investments are managed with global diversification.
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Investor details for ShareChat
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ShareChat
ShareChat has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Circle Internet, Clipapp and Elanic.
Investment portfolio details for ShareChat
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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App-based social platform for sharing short videos
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Local news portal with a focus on Uttar Pradesh
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Video production and content services are provided to clients.
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Locked | Locked | 2018 | Locked |
Complete acquisition details for ShareChat
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - ShareChat
Detailed financials for ShareChat
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Sharechat Comparisons
Peer comparison for ShareChat
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Social platform for photo and video sharing
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Mobile games and social platforms are developed and published.
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Developer of a short-video platform and technology infrastructure
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App-based platform for photo sharing
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Image and video sharing social platform
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Detailed competitors of ShareChat
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Sharechat
Complete news archive for ShareChat
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about ShareChat
ShareChat was founded in 2015.
ShareChat is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ankush Sachdeva is the current CEO of ShareChat. They have also founded this company.
ShareChat is a funded company, having raised a total of $1.23B across 16 funding rounds to date.
As of Mar 31, 2024, the latest employee count at ShareChat is 1,318.
Annual revenue of ShareChat is $86.42M as on Mar 31, 2023.
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.
ShareChat offers ShareChat App and Content Sharing Feature.
ShareChat has made 6 acquisitions, including Circle Internet, Clipapp, and Elanic.
ShareChat has 48 investors. Key investors include Google, Tencent, Xiaomi, Snap, and Lightspeed Venture Partners.
The valuation of ShareChat is $4.35B as of Jun 2022.