ShareChat valued at $2.1B in $502 million fundraise

0
9

ShareChat said on Thursday it has raised a new financing round that values it at $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 led by Tiger Global that valued the ShareChat at $2.1 billion.

The startup began engaging with investors for the new financing round about 10 months ago, and explored a full buy out deal with Twitter, which didn’t materialize, TechCrunch reported earlier.

This is a developing story. More to follow…

LEAVE A REPLY

Please enter your comment!
Please enter your name here