India's social media leader, ShareChat, is set to launch a $400 million IPO next year after achieving operational profitability and surpassing annual revenues of 10 billion rupees.

Mohalla Tech, parent of ShareChat and Moj, plans to raise up to $400M in a 2027 public listing after achieving operational profitability for the first time.

Social media giant ShareChat is gearing up for a potential $400 million IPO next year, marking a significant turnaround after a period of cost-cutting. The company has achieved…