Twitter has led a $100m series D round for social media app ShareChat that valued the multilingual social network operator at $650m.
India-based social networking platform ShareChat has received $100m in series D capital from a consortium led by social media firm Twitter, TechCrunch reported yesterday.
TrustBridge Partners, Shunwei Capital, Lightspeed Venture Partners, SAIF Capital, India Quotient and Morningside Venture Capital also contributed to the series D round, which valued ShareChat at $650m.
Founded in 2015 and owned by holding company Mohalla Tech, ShareChat operates a social networking app that is available in 15 regional languages including Hindi and Tamil. The service…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.