Osegi
Startups·1 min read

ShareChat parent Mohalla Tech reports 40% revenue growth

Mohalla Tech, the parent of ShareChat, reported 40% revenue growth, helped by 2.9 billion rupees in subscription sales from Quick TV and Moj+.

Smartphone showing a short-video and social app feed, representing ShareChat and Moj in India.
Image: techinasia.com

Mohalla Tech, the company behind the Indian social platform ShareChat, has reported revenue growth of 40%. A key contributor was subscription income, which reached 2.9 billion rupees (about US$31 million) from Quick TV and Moj+ in their first full year.

Subscriptions add a new revenue line

Quick TV and Moj+ are paid offerings tied to the group's consumer products, and the figure marks the first time they have been counted over a full year. For a business long associated with advertising, a subscription stream of this size points to a broader mix of income.

Why it matters

Indian consumer internet companies are under pressure to show that users will pay, not only watch. Mohalla Tech's result gives an early indication that paid short-video and entertainment products can find an audience in the market.

The company has not been described here with further financial detail, so profitability and the breakdown between advertising and subscriptions remain unclear from the figures available.

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Tags:sharechatmohalla techmojquick tvindiasubscriptions

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