ShareChat

ShareChat secures nearly $49 million from key investors: Report

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New Delhi: Social media platform ShareChat has raised $48.8 million via convertible debentures from its existing investors that include Temasek and Lightspeed. Startup news website Inc42 reported on Wednesday, citing the startup’s regulatory filings, that the funding round will help ShareChat “navigate the path to profitability in the next 12 to 15 months”. The company … Read more

ShareChat may raise up to $65 mn at $2.7 bn valuation: Report

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New Delhi: Social media platform ShareChat is reportedly set to raise up to $65 million from existing investors. According to MoneyControl, the company is set to raise the money via convertible notes at $2.7 billion valuation. Existing investors like Temasek, Tiger Global, Google, Lightspeed Ventures, and others are likely to participate in the funding round. … Read more