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ShareChat Raises 255 M From Google Times Group Others Valued At 5 Bn - Vimarsana News

ShareChat Raises 255 M From Google Times Group Others Valued At 5 Bn

ShareChat in a statement said it has closed multi-tranche funding round through which it raised a total of USD 520 million, , ShareChat, google

Indian social media app ShareChat closes $520m round at $5b valuation - Vimarsana News

Indian social media app ShareChat closes $520m round at $5b valuation

Google and media giant Times Group are the new investors in the round.

Times Group, Google provide funding to ShareChat - Vimarsana News

Times Group, Google provide funding to ShareChat

Mohalla Tech, the parent company of ShareChat and the creator of the short video platform Moj, has raised $255 million (almost Rs 2,000 crore) in capital from Google, the Times Group (publisher of this newspaper), and other investors.

ShareChat raises $255 mn from Google, Times Group, others; valuation at $5 bn - Vimarsana News

ShareChat raises $255 mn from Google, Times Group, others; valuation at $5 bn

In the first part of the round, ShareChat had raised $266 million in December 2021 from Alkeon Capital, Temasek, HarbourVest, Moore Strategic Ventures, and India Quotient.

Exclusive: ShareChat Raises $77 Mn From Google & Temasek - Vimarsana News

Exclusive: ShareChat Raises $77 Mn From Google & Temasek

After months of speculation, the parent company of ShareChat will be receiving $77.7 Mn or INR 607 Cr from Google and Temasek.

Source: inc42.com