Overview
- Mohalla Tech said on Thursday it reached operational profitability in Q1 of the fiscal year that began in April 2026, which company leaders attribute to improved unit economics.
- The company is planning a public listing within roughly the next 12 to 24 months and has discussed raising up to $400 million, but executives say timing and size remain preliminary.
- ShareChat and Moj together report about 150 million monthly active users, QuickTV has roughly 3 million subscribers, and the firm estimates 65 million monthly micro-drama viewers with more than 700 million episodes watched each day.
- The business says annual revenue has crossed 10 billion rupees and is running toward an annualized pace near 14 billion rupees with growth above 30%, driven by cost cuts and focus on profitable products.
- Mohalla Tech plans to scale an in-house generative AI studio to lower content production costs and lift margins by an estimated 5 to 7 percent over two years, and a successful IPO would provide liquidity for backers such as Lightspeed and Tiger Global.