Twitter & others Pump $100 Mn in Regional Social Media Platform ShareChat

When ShareChat was founded four years ago, many were cautiously optimistic that there is a place for multi-language social media network for linguistically diverse country like India. Today this guarded optimism got its strongest validation after social media giant Twitter along with TrustBridge Partners pumped $100 Mn in ShareChat. Existing investors like Shunwei Capital, Lightspeed…

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ShareChat

Vernacular Social Networking Platform ShareChat raises $18.2 mn by Xiaomi & Others

Social Networking Platform ShareChat raises $18.2 mn by Xiaomi & Others. ShareChat, a social networking platform that celebrates India’s linguistic diversity, has scooped up 116.31 crore ($18.2 million) in a series B round led by Chinese smartphone manufacturer Xiaomi.  This is according to Ministry of Corporate Affairs (MCA) filings filed by the Mohalla Tech Pvt. Ltd…

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