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ShareChat on Thursday said it had raised $266 million in fresh funding from US-based Alkeon Capital and some existing investors.

The company plans to use the funds to develop its apps' artificial-intelligence capabilities

India’s creator economy is open, diverse and vibrant as online platforms becoming the refuge away from home for many in the past 18 months.

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 Singapore's 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 popular ever since New Delhi last year banned ByteDance's TikTok and some other Chinese apps following...

India's ShareChat raises US$145 million from Temasek, others at near US$3 billion valuation Toggle share menu Advertisement Advertisement Business India's ShareChat raises US$145 million from Temasek, others at near US$3 billion valuation FILE PHOTO: 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 DELHI: Indian content-sharing platform ShareChat has raised US$145 million in fresh funding from S...