European affiliates of Tencent provided nearly half of the $502m secured by the social network operator at a $2.1bn valuation earlier this month.
Two entities owned by China-headquartered internet and gaming group Tencent have provided $225m for India-based social network operator ShareChat as part of its $502m series E round, the Financial Times reported today.
ShareChat runs an online platform with more than 160 million monthly users who can communicate with each other in 15 languages. It also operates a short-form video app called Moj with 120 million monthly active users.
The round was led by hedge fund manager Tiger Global Management
