Results · Consumer Internet & Media

ShareChat nears profitability after cost cuts

By Startup Enthusiast · 13 April 2026

What they do

ShareChat runs a regional-language social network and short-video app Moj

The company posted its first cash breakeven month in February 2025 and expects full profitability by April 2026

It cut cloud costs from $1.80 to $0.60 per user and shifted focus to microdramas for growth

ShareChat launched in 2015 as an Indian regional-language alternative to Facebook and Twitter.
The 2020 ban on TikTok in India boosted its short-video app Moj.
The company raised over $1.3 billion in lifetime funding from investors including Google, Lightspeed, and Temasek.
In FY26, revenue crossed ₹1,000 crore, growing about 38% year-on-year.
The company achieved nine consecutive months of positive cash flow as of FY26.
In February 2025, ShareChat recorded its first cash breakeven month in eleven years.
It expects to be EBITDA-positive, PAT-positive, and cash flow positive by April 2026.
The core social network has plateaued; growth now comes from microdramas.

Before mid-2022, cloud computing cost $1.80 per user per year while ad revenue was only 30 cents per user.
The cost of servicing a user was six times the money made per user.
During the 2022 funding winter, ShareChat halted user acquisition spending entirely.
By early 2025, cloud compute cost was reduced to about 60 cents per user.
Adjusted losses dropped from ₹800 crore in FY24 to ₹219 crore in FY25.

ShareChat is a regional-language social media platform for Indian users.
It also operates Moj, a short-video app that gained traction after TikTok's ban.
The company makes money primarily through advertising.
It is now pivoting to microdramas instead of creator-led content or imitating Instagram/TikTok.
Core app monthly active users fell from 104 million in March 2024 to 79 million in February 2025.
FY26 quarterly revenue growth accelerated: 28% (Jul-Sep 2025), 47% (Oct-Dec), 65% (Jan-Mar 2026).

ShareChat expects to be EBITDA-positive, PAT-positive, and cash flow positive by April 2026.
It will continue focusing on microdramas to drive growth.