ShareChat raises $502 million at $2 billion valuation - Industry Leaders Magazine
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...
Source: industryleadersmagazine.com