[1] ShareChat's holding company, Mohalla Tech Pvt Ltd, was incorporated in January 2015 by graduates from Indian Institutes of Technology Kanpur:[2] Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan.

[5][6] As of 2022, Manohar Singh Charan (CFO) and Amit Zunjarwad (CPO) led the management along with Ankush Sachdeva (CEO).

[12] Sharechat parent company also bought MX TakaTak from Times Internet Group for $700 million in one of the biggest acquisitions of 2022.

[17] On 17 April 2019, ShareChat took down around half a million pieces of content and removed 54,000 accounts for spreading fake news, hate speech and spam, and for conducting coordinated misinformation campaigns.

It offers its users multiple options to express themselves through audio chat rooms, photo and video posts, status updates, microblogging, blogging, and direct messaging in 15 Indic languages.