Twitter has returned to back the social media platform that provides services in 15 Indian languages, which pushed its total funding to about $264m.
India-based multilingual social network operator ShareChat has raised $40m in a pre-series E round from investors including microblogging service Twitter, TechCrunch has reported.
India Quotient, Lightspeed Ventures, Saif Partners and private investors Pawan Munjal and Ajay Shridhar Shriram filled out the round.
TechCrunch said ShareChat will likely raise a further $100m in the coming months from “several major VC funds”. The company’s overall funding stands at roughly $264m since it was founded in 2015.
Owned by holding company Mohalla Tech,…
