Mohalla Tech, the operator of India’s ShareChat and Moj platforms, is preparing for an initial public offering that could raise up to $400 million.
The company, which also runs the subscription-based micro-drama app QuickTV, aims to list on public markets next year, according to reports from Hindu Businessline.
The move comes as Mohalla Tech has achieved operational profitability in the first quarter of fiscal 2027.
This milestone is critical for the company, which has been backed by major investors including Lightspeed and Tiger Global.
Achieving profitability before going public strengthens the company’s valuation prospects and provides a clearer path to listing in a market that has seen mixed sentiment toward tech IPOs.
The planned IPO represents a significant test of investor appetite for Indian social media and digital content platforms.