Indian social media firm ShareChat has raised more than half a billion dollars to grow its popular short-video app Moj,
India’s ShareChat raises $502 million from Snap, Twitter, others; valuation tops $2 billion – reuters.com
NEW DELHI (Reuters) – Indian content-sharing platform ShareChat said it has raised $502 million in fresh funding from Tiger Global, Snap Inc and some existing investors such as Twitter Inc, valuing it at more than $2 billion. The funding was led by U.venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said in a statement on Thursday.
Link: India’s ShareChat raises $502 million from Snap, Twitter, others; valuation tops $2 billion
via www.reuters.com
