SHARECHAT PARENT EYES $400M IPO IN 2027

AI DESK■ 1 MIN READ

THU, JUL 2, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Mohalla Tech, the Indian company behind short-video app ShareChat, plans to go public in 2027 with a target fundraise of up to $400 million. ShareChat currently reaches approximately 65 million monthly viewers for its micro-drama content.

Mohalla Tech operates a portfolio of social and video platforms including ShareChat, short-video app Moj, and subscription-based micro-drama service QuickTV. The planned IPO would represent a significant milestone for the company as it seeks to capitalize on India's growing short-form video market. ShareChat's 65 million monthly micro-drama viewers position the platform as a notable player in India's competitive short-video landscape, where it competes with larger rivals including YouTube Shorts and Instagram Reels. The micro-drama segment has emerged as a distinct content category within short-video platforms, attracting dedicated viewer bases. The 2027 IPO timeline provides Mohalla Tech roughly three years to scale operations and strengthen financials ahead of its public market debut. The company's valuation and final fundraising target will depend on operational performance and market conditions during that period.

■ SOURCES

► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE STARTUPS DESK

P525PIXVERSE RAISES $439M, HITS $2B VALUATION

Video-generation startup PixVerse secured $439 million in funding, pushing its valuation past $2 billion. The company plans to expand its world model capabilities and accelerate geographic expansion.

3H AGO— AI Desk

P522DEEPSEEK EYES FRESH FUNDING AFTER $7B RAISE

Chinese AI company DeepSeek is exploring additional funding rounds mere weeks after closing a $7 billion financing deal, according to the Financial Times.

3H AGO— Industry Desk

P523NEBIUS SELLS $1B AI CAPACITY TO REFLECTION

Cloud provider Nebius Group has agreed to sell over $1 billion in computing power to Reflection AI, a startup founded by two former Google DeepMind researchers focused on developing artificial intelligence models.

3H AGO— AI Desk

P519MENA STARTUP FUNDING FLAT AT $799M IN Q1

Startup funding across the Middle East and North Africa remained flat year-over-year at $799 million in the first quarter, as regional conflict disrupted investment flows. Saudi venture capital firms are continuing fundraising efforts despite the headwinds.

5H AGO— AI Desk

◄ BACK TO NEWS

SHARECHAT PARENT EYES $400M IPO IN 2027

■ MORE FROM THE STARTUPS DESK

■ SUBSCRIBE TO THE DAILY BRIEF