ShareChat Eyes Up To $400 Mn IPO In FY28

by · Inc42

SUMMARY

  • ShareChat is eyeing an IPO next fiscal year, targeting a raise of up to $400 Mn after turning operationally profitable in Q1 FY27
  • The startup's revenue crossed Rs 1,000 Cr in FY26, with an annualised run rate of up to Rs 1,400 Cr and over 65 Mn monthly microdrama viewers consuming 700 Mn episodes daily
  • The operational profitability and the proposed IPO mark a turnaround for ShareChat, which spent the past few years restructuring its business after the funding boom of 2021-22 ended