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India's ShareChat raises $145 mln from Temasek, others at near $3 bln valuation

Aditya Kalra 1/6 ShareChat and stock graph are displayed in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/Illustration Read More NEW DELHI, July 27 (Reuters) - Indian content-sharing platform ShareChat has raised $145 million in fresh funding from Singapores Temasek Holdings and two other investors, giving it a valuation of $2.88 billion, the company told Reuters on Tuesday. The funding signals growing fascination for Indian content-sharing and short-video apps that have become pop...
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India's ShareChat raises US$145 million from Temasek, others at near US$3 billion valuation

Indias ShareChat raises US$145 million from Temasek, others at near US$3 billion valuation Toggle share menu Advertisement Advertisement Business Indias ShareChat raises US$145 million from Temasek, others at near US$3 billion valuation FILE PHOTO:ย A man uses Indian app platform Sharechat on a mobile phone in New Delhi on Jul 2, 2020. (AFP/Prakash Singh) 27 Jul 2021 12:22PM (Updated: 27 Jul 2021 12:30PM) Share this content Bookmark NEW D...
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sharechat funding: ShareChat raises $145 million from Temasek, others at near $3 billion valuation

Synopsis ShareChat will continue to invest in artificial-intelligence capabilities of its Moj short-video app and enhance its in-app editing tools, CEO Ankush Sachdeva says. Reuters ShareChat has 180 million active users. Moj has 160 million users and counts Facebooks Instagram Reels as its top rival. Bengaluru: Mohalla Tech, the parent firm of regional language social media platform Sharechat and short video app Moj, said it has raised an additional $145 million for its Series F funding round ...
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The 15 Largest Global Startup Funding Rounds of April 2021

AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for April 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis. Round: Series D Description: New York-based Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded...
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[Jobs Roundup] Here's how you can work for India's newest social media unicorn ShareChat

[Jobs Roundup] Heres how you can work for Indias newest social media unicorn ShareChat ShareChat is looking to grow its user base and build a world-class organisation. It is also looking to strengthen its creator community, AI-powered recommendation engine, and platform health. 0 claps ShareChat and its parent company, Mohalla Tech, which also houses short video app $502 million in its latest round of funding and joined the list of Indias recent unicorns. The round was led by Lightspeed Ven...
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Snap and Twitter are backing India's answer to TikTok

Snap and Twitter are backing Indias answer to TikTok By Diksha Madhok, CNN Business Published Apr 9, 2021 11:46:16 AM enablePagination: false endIndex: (CNN) โ€”ย Snap and Twitter are among a group of investors that have just poured half a billion dollars into Mohalla Tech, an Indian startup that owns social media platform ShareChat as well as Moj โ€” a TikTok-like app that has soared in popularity since the Chinese original was banned in India last year. The $502 million funding round was led...
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