Archive · 24 Jul 2026

ShareChat's ₹1,000 Cr Turnaround Led by Strategic Leadership

ShareChat's ₹1,000 Cr Turnaround Led by Strategic Leadership

ShareChat, a social media startup backed by Google, has successfully turned around its business by focusing on profitability and strategic decisions.

Over the past two years, it has reduced its losses significantly and achieved ₹1,000 Cr in operating revenue in FY26.

The company's success is attributed to its focus on microdramas, which now contribute about 25% of its total revenue.

ShareChat's leadership made key decisions, such as launching Moj within 30 hours after the TikTok ban and integrating AI to improve user engagement.

The company has also rebuilt its leadership team to ensure financial discipline and sustainable growth as it prepares for an IPO.

Sources