Page 23 - Ankush Sachdeva News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 to a little over $2 billion, the company said in a statement on Thursday. This is Snap’s first in...

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 participation from Snap, Twitter and India Quotient and others. Founded in 2015, Mohalla Tech has successfully r...

Updated Apr 08, 2021 | 22:42 IST These four days of April 5-8th, 2021 will always be memorable. Screengrab  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 companies in just four days. ShareChat & Moj (parent co: Mohalla Tech) Its raised $502 mn, and hit a valuati...

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 passed over $2.1 billion. ShareChat CEO & co-founder Ankush Sachdeva said, “We are at an exciting inf...

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, and India Quotient, among others, the firm said in a statement. Gupshup, which works in the enterpri...