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 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…
Author: Manish Singh
Source: Manish Singh.” ShareChat valued at $2.1 billion in $502 million fundraise”. Retrieved From https://techcrunch.com/2021/04/07/sharechat-valued-at-2-1b-in-502-million-fundraise/
All Rights Of This Article Reserved To TechCrunch