Page 22 - Ankush Sachdeva News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 participation from Snap Inc, Twitter and India Quotient, amongst others. Commenting on the financing round, Ank...

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 Indian platform. The funding signals growing investor interest in Indian social media apps that are l...

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 than $2 billion. The funding was led by US venture capital firm Lightspeed Venture Partners and Ame...

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 in 2015, Mohalla Tech has successfully raised over $766 million across six fundraising rounds, enab...

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 monthly active users, while Moj has garnered more than 120m monthly active users within nine months of it...