ShareChat valued at $2.1 billion in $502 million fundraise

ShareChat valued at $2.1 billion in $502 million fundraise

3 years ago
Anonymous $4BDEsVAtYS

https://techcrunch.com/2021/04/07/sharechat-valued-at-2-1b-in-502-million-fundraise/

ShareChat said on Thursday it has raised a new financing round that values it at over $2 billion, joining four other local startups in attaining the unicorn status this week.

The Indian social network said it has raised $502 million in a new financing round — Series E — led by Tiger Global that valued ShareChat at $2.1 billion, up from about $650 million last year. Snap and existing investors Twitter and Lightspeed Venture Partners also participated in the round, said ShareChat, which has raised about $765 million to date.

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