ShareChat targets late-2027 IPO on back of profitability gains

ShareChat parent Mohalla Tech has signaled ambitions for a late-2027 initial public offering, marking a significant milestone for the Indian social media platform after demonstrating sustained profitability improvements. The company has recorded two consecutive quarters of positive EBITDA, a key metric investors watch when evaluating the financial health of digital media platforms.

The profitability turnaround comes as micro dramas—short-form dramatic content—have emerged as a significant revenue driver for the platform. This content category has helped diversify ShareChat's revenue streams beyond traditional advertising, while also expanding user engagement and time spent on the application.

The path to profitability represents a notable achievement for Mohalla Tech, which like many social media startups faced years of heavy losses while building scale. The company's improved cash flow position has strengthened its balance sheet and reduced dependency on external funding, positioning it better for eventual public markets listing.

An IPO in late 2027 would give the company additional runway to solidify its profitability gains and potentially expand into adjacent revenue-generating segments. The timing also allows Mohalla Tech to demonstrate sustained financial performance to potential institutional investors ahead of its public debut.