ShareChat Revenue and User Statistics (2022)

What is ShareChat?

Founded in 2015 by Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan, ShareChat is a social media and social networking app based in India. ShareChat app. Along with features such as private messaging, tagging and personal messaging, it allows users to share videos, jokes, songs and other language-based social content with other unknown users.

Parent Company: Mohalla Tech

Founded Date: January 2015

Founders: Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan

Headquarter: Bengaluru, India

Crunchbase Profile: Profile Link

Google Play: Store Link

App Store: Store Link

ShareChat Revenue Statistics (2022)

+ For the fiscal year 2021, ShareChat revenue was Rs 80.3 crore, up 754.3% from fiscal year 2020. 

Fiscal YearShareChat Revenue
2021Rs 80.3 crore
2020Rs 9.4 crore

+ In February 2021,  Twitter reportedly held talks to acquire ShareChat to create a global TikTok rival and expand in the Indian market. The sources said that Twitter offered to acquire the social media startup, which it is already an investor of, for $1.1 billion and an additional investment $900 million. However, the talks didn’t end up with a deal.

ShareChat Valuation (2022)

+ Reuters reported that in May 2022 ShareChat raised nearly $300 million in fresh funding from Google, Times Group and Temasek Holdings, valuing the company at nearly $5 billion. 

DateShareChat Valuation
May 2022$5 billion
December 2021$3.7 billion
July 2021$2.88 billion
April 2021$2.1 billion
August 2019$650 million

+ In July 2021, ShareChat raised $145 million  in fresh funding from, giving it a valuation of $2.88 billion. 

+ In April 2021, ShareChat raised $502 million Series E, led by Tiger Global that valued the company at $2.1 billion.

ShareChat Investors

ShareChat investors include Twitter, Snap, Lightspeed Venture Partners, Tiger Global, Temasek, Moore Strategic Ventures, Google, Times Group, Alkeon Capital, Harbourvest, and India Quotient. 

ShareChat User Statistics (2022)

ShareChat currently has 180 million monthly active users. 

ShareChat active user growth

ShareChat’s sister firm Moj, a short video app, , along with Mohalla’s recently acquired MX TakaTak, has a combined user base of 300 million as of 2022.

Written by Maya Robertson

Leave a Reply

Your email address will not be published.

The Best Pokemon Games for iOS

Supercell acquires majority stake in Trailmix