Chinese Smartphone maker Xiaomi May invest in Fintech startup Zest-Money: Report

Xiaomi is in discussion to pick up stake in Fintech startup ‘Zest-Money. Popular Chinese smartphone brand Xiaomi is in discussion to pick up stake in yet another Fintech startup ‘Zest-Money,’ according to people familiar with the matter. Xiaomi will reportedly be part of the fundraising exercise that aims to raise $20 million for Zest-Money. Existing investor…

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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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