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ETtech Deals Digest: Swiggy, ShareChat raise funds this week

ETtech Deals Digest: Swiggy, ShareChat raise funds this week SECTIONS Last Updated: Apr 09, 2021, 08:16 PM IST Share ETtech Illustration: Rahul Awasthi Some hefty funding deals this week propelled a number of startups into the unicorn club. But we start with food ordering platform Swiggy, which is building a war chest to take on IPO-bound Zomato. Swiggy gets $800 million in funding Liking this story? SUBSCRIBE Well soon meet in your inbox. Please wait... Swiggy has raised $800 million from inv...
Ankush Sachdeva Kunal Shah Softbank Vision Fund Qatar Investment Authority Goldman Sachs Tech Top

India's ShareChat Raises $502 Million From Snap, Twitter, Others; Valuation Tops $2 Billion

Indias ShareChat raises $502 million from Snap, Twitter, others; valuation tops $2 billion Aditya Kalra , By Aditya Kalra 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.S. venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ...
United States New Delhi Aditya Kalra Ankush Sachdeva Bytedance Tiktok Himani Sarkar

India's Sharechat is latest to enter unicorn club with $502m funding round

India’s Sharechat is latest to enter unicorn club with $502m funding round Photo by Himanshu Choudhary on Unsplash April 8, 2021 Homegrown social media apps, Sharechat and Moj, are the latest entrants to the unicorn club. Mohalla Tech, the company behind these apps, has raised $502 million in its latest funding round, led by venture firms Lightspeed Ventures and Tiger Global. American social media companies, Twitter and Snap Inc, also participated in the round. Ankush Sachdeva, chief executi...
Dailyhunt Josh Inmobi Roposo Ravi Mhatre Ankush Sachdeva Times Internet Owned ரவி ம்திறே

ShareChat raises $502 million; valuation rises to $2.1 bn

ShareChat raises $502 million; valuation rises to $2.1 bn ShareChat has close to 160 million active monthly users. Its available in 15 local languages including Tamil, Assamese, Bengali, Malayalam, among others. ShareChats short video platform Maujs monthly active subscribers have crossed 120 million in 9 months BusinessToday.In | April 8, 2021 | Updated 13:49 IST Sharechat co-founder Ankush Sachdeva says on both ShareChat & Moj, the content consumption is driven through an AI-powered content ...
Ankush Sachdeva Tiger Global அங்குஷ் சச்ச்தேவா புலி உலகளாவிய

ShareChat Raises $502 Million From Snap, Twitter, Others

ShareChat Raises $502 Million From Snap, Twitter, Others; Valuation Tops $2 Billion ShareChat has plans to raise more funds from investors in the coming months, as per a source. By Reuters | Updated: 8 April 2021 11:12 IST Photo Credit: Medium/ ShareChat Highlights ShareChat is valued at more than $2.1 billion (roughly Rs. 15,590 crores) ShareChat has plans to raise more funds from investors  ShareChat content-sharing platform said it has raised $502 million (r...
United States New Delhi Ankush Sachdeva Bytedance Tiktok Tiger Global Lightspeed Venture Partners
Source: ndtv.com

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Mohalla Tech, parent company of ShareChat & Moj, raises $502 million in Series E round

Mohalla Tech, parent company of ShareChat & Moj, raises $502 million in Series E round April 08, 2021 Enters Unicorn Club with a valuation of $2.1 billion Mohalla Tech, the parent company of short video app Moj and Indic language social media platform ShareChat, has become the latest entrant to the Unicorn Club with a fund raise of $502 million in Series E, at a valuation of a little over $2.1 billion. The investment has been led by Lightspeed Ventures and Tiger Global, along with participati...
India General Ravi Mhatre Ankush Sachdeva Scott Shleifer Unicorn Club Mohalla Tech

India's ShareChat raises $502 mn from Snap, Twitter, others: Details here

By Aditya Kalra 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.S. venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said in a statement on Thursday. Tiger Global and Snap, owner of popular photo-messaging app Snapchat, are new investors in the In...
United States New Delhi Aditya Kalra Ankush Sachdeva Bytedance Tiktok Himani Sarkar

ShareChat Raises $502 Million From Snap, Twitter; Valuation Tops $2 Billion

ShareChat Raises $502 Million From Snap, Twitter; Valuation Tops $2 Billion ShareChat Raises $502 Million From Snap, Twitter; Valuation Tops $2 Billion The funding was led by US venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said. Updated: April 08, 2021 11:42 am IST 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...
United States New Delhi Ankush Sachdeva Bytedance Tiktok Twitter Inc Tiger Global
Source: ndtv.com

ShareChat, Moj raise Rs 3,726 crore, join unicorn club

Six fundraising rounds so far. Moj was launched in July last year. New Delhi: Mohalla Tech, the parent company of leading short video app Moj and vernacular social media platform ShareChat, on Thursday said it has raised $502 million (about Rs 3,726 crore) in its Series E funding round, taking the valuation to a little over $2.1 billion. The latest investment round was led by Lightspeed Ventures and Tiger Global, along with participation from Snap, Twitter and India Quotient and others. Founded...
India General New Delhi Ankush Sachdeva Scott Shleifer Mohalla Tech Lightspeed Ventures
Source: india.com

ShareChat raises $502 million at $2 billion valuation - Industry Leaders Magazine

ShareChat raises $502 million at $2 billion valuation PUBLISHED BY 4 hours ago ShareChat, the Indian owner of short video app Moj, has raised $502 million in the series E round of funding, pushing its value at $2.1 billion in the market. The five-year-old company has raised $502m from investors, including Tiger Global Management, Snap and Twitter. Moj, the video app, gained immense popularity after the Indian government banned the Byte-owned Chines app TikTok. The ShareChat app has 160m month...
Ankush Sachdeva Scott Shleifer Tiger Global Management Byte Owned Chines Shunwei Capital Finch Cred

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