India’s ShareChat valued at $2.88 billion in $145 million fundraise

India’s ShareChat valued at $2.88 billion in $145 million fundraise

3 years ago
Anonymous $drS9DEX_Sj

https://techcrunch.com/2021/07/26/india-sharechat-valued-at-3-billion-in-145-million-fundraise/

Indian social media platform ShareChat said on Tuesday it has raised an additional $145 million and is now valued at nearly $3 billion, less than three months after it secured $502 million at a valuation of $2.1 billion.

Temasek and Moore Strategic Ventures led the new tranche of investment while Mirae-Naver Asia Growth fund participated in the new financing round (Series F), the Bangalore-based startup said. TechCrunch reported earlier this month that six-year-old ShareChat was in talks to raise at around $2.8 billion valuation. ShareChat has now raised over $911 million to date.

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