Page 12 - Ankush Sachdeva News Today

Snap and Twitter are backing India’s answer to TikTok 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 — 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 by investment firms Tiger Global and Lightspeed Venture Partners, and boosted the valuation of Mohalla Tech...

ShareChat, Moj raise Rs 3,726 cr, join unicorn club ​ By IANS | ​ 3 Views ShareChat.. Image Source: IANS News New Delhi, April 8 : 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 participatio...

Updated Apr 08, 2021 | 22:42 IST These four days of April 5-8th, 2021 will always be memorable. Screengrab&nbsp New Delhi: In these four days, even as India fought a second wave of the coronavirus and feared a shortage of vaccines, five startups gave us something to cheer about. In four straight days, there were 5 new unicorns. And, these five have raised a jaw-dropping $1.2 bn in these four days.    Let that sink in. A staggering $1.2 bn raised by five new-age companie...

The company has raised $502 million in its latest round 08 Apr, 2021 - 04:27 PM IST     |     By indiantelevision.com Team     KOLKATA: Mohalla Tech, the parent company of Moj and ShareChat, has become the latest entrant to the coveted unicorn club. The start-up has raised $502 million in its latest round of funding led by Lightspeed Ventures and Tiger Global, along with participation from Snap Inc, Twitter and India Quotient. With the new rounds of investment, its valuation has pas...

Mohalla Tech, the parent of short video app Moj and Indian regional language social media platform ShareChat, as well as conversational messaging platform Gupshup became the latest entrants to the unicorn club this week. While Mohalla Tech raised $502 million at a valuation of a little over $2.1 billion, Gupshup raised $100 million at a valuation of $1.4 billion. The investment in Mohalla Tech was led by Lightspeed Ventures and Tiger Global, along with participation from Snap Inc, Twitter, a...

In a week that saw the making of unicorns, short video app Moj and Indic language social media platform ShareChat parent Mohalla Tech joined the club with its latest fundraise of $502 million, valuing the company at a little over $2.1 billion. The investment has been led by Lightspeed Ventures and Tiger Global, along with participation from Snap Inc, Twitter and India Quotient amongst others, the firm said in a statement. This is also the fifth Indian firm to hit the unicorn or $1 billion va...

Twitter explored buying India’s ShareChat and turning Moj into a global TikTok rival Twitter recently held talks to acquire Indian social media startup ShareChat as the company explored ways to expand its presence in the world’s second-largest internet market and build a global rival to TikTok, three sources familiar with the matter told TechCrunch. The American firm, which is already an investor in Bangalore-based ShareChat, offered to buy the five-year-old Indian startup for $1.1 billion ...

The app has more than 160 million active users. 18 Dec, 2020 - 09:00 AM IST     |     By Mansi Sharma     NEW DELHI: With over 530 million people connected to the world wide web and counting, India has the second-largest internet user base in the world today. Out of these, around 71 per cent come from lower-tier cities, according to a Statista report. Another study by Zinnov indicates that 81 per cent of tier-2 and 80 per cent of the tier-3 population choose mobiles as the preferre...