ShareChat, a social network offered in 15 Indian languages, raises $502M at a $2.1B valuation, says it has 160M MAUs and its short-video app Moj has 120M MAUs
Madhumita Murgia / Financial Times :
Financial Times Madhumita Murgia
Related Coverage
- We have raised $502mn to build India's largest AI-powered content ecosystem Medium · ShareChat
- ShareChat valuation jumps to $2.1 billion with $502 million fundraise The Economic Times · Surabhi Agarwal
- View article The Economic Times
- ShareChat raises $502 million, now valued at $2 billion MediaNama · Trisha Jalan
- ShareChat becomes 9th unicorn in 2021 after $502 Mn round led by Tiger Global Entrackr · Harsh Upadhyay
- ShareChat, Moj parent is the latest unicorn in town; Tiger Global, SnapChat join cap table TechCircle · Payal Ganguly
- ShareChat turns unicorn with $502 mn fundraise from Snap, Twitter, others VCCircle
Discussion
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@ankushsach
Ankush Sachdeva
on x
Excited to share that we have raised $502mn at $2.1bn valuation from Tiger Global, Lightspeed, Snap, Twitter and others This capital will help us accelerate our journey of building India's largest AI-powered content ecosystem. Read more about journey - https://sharechatblogs.medi…
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@kushalbhagia
Kushal Bhagia
on x
Huge Congratulations to @frdahsan @AnkushSach & Bhanu! 5 years back NO one believed Indians could build a Social Media Product and no-one believed Indian investors would fund something like this. This is a triumph for the whole ecosystem! Inspirational! https://www.ft.com/...
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@samidhas
Samidha Sharma
on x
🚨Tiger is investing in Sharechat after many names like Google and Amazon did the rounds... We have raised $502mn to build India's largest AI-powered content ecosystem | by ShareChat | Apr, 2021 | Medium https://medium.com/...
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@madhavchanchani
Madhav
on x
Sharechat says it has raised $500 mn from Tiger Global, Snap, Lightspeed and Twitter at $2.1 billion valuation The biggest round in digital media & short video after Dailyhunt-Josh raised $200 million and Glance-Roposo raised $145 million since December https://medium.com/...
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@akm1410
Ashish K. Mishra
on x
Chalo done. Sad that so many leaked strategic investors couldn't make it to this round. https://amp.ft.com/...?