Mirae Asset-Naver Asia Growth Fund was among the investors as the social media and short-form video app developer expanded on a $502m round featuring Tencent and Snap.
ShareChat, an India-based developer of online content sharing platforms, has added $145m to a funding round featuring corporates Tencent and Snap, increasing it to $647m, it told Reuters today.
The latest cash was provided by Mirae Asset-Naver Asia Growth Fund, a joint venture between internet group Naver and financial services provider Mirae Asset, as well as Temasek and Moore Strategic Ventures, valuing the company at $2.88bn.
Internet group Tencent provided $225m of the $502m first close in April this…