Entreprenuernewsnetwork

ShareChat raises $300M from Google at $5B valuation

May 30, 2022 by Entreprenuernewsnetwork

Short video app Sharechat’s parent company has raised nearly $300 million in funding from Google, Times Group, and Temasek Holdings. After backing Bengaluru-based unicorn VerSe Innovation’s Josh, Google has made its second investment in the short video industry in India. In 2015, IIT Kanpur alumni Ankush Sachdeva, Farid Ahsan, and Bhanu Singh formed Mohalla Tech, which owns … Read more

Moj and ShareChat parent Mohalla Tech raises US$266 mn

December 16, 2021 by Entreprenuernewsnetwork

The parent company of Moj and ShareChat, Mohalla Tech, has raised $266 million in a Series G investment. Alkeon Capital led the investment, which was valued at US$ 3.7 billion, and included new and current investors like as Temasek, Moore Strategic Ventures (MSV), Harbourvest, and India Quotient. This is the startup’s third round of funding … Read more