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India’s ShareChat valued at $2.88 billion in $145 million fundraise



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Indian social media platform ShareChat said on Tuesday it has raised an additional $145 million and is now valued at nearly $3 billion, months after it secured $502 million at a valuation of $2.1 billion.
Temasek and Moore Strategic Ventures led the new tranche of investment while Mirae-Naver Asia Growth fund participated in the new financing round (Series F), the Bangalore-based startup said. TechCrunch reported earlier this month that six-year-old ShareChat was in talks to raise at around $2.8 billion valuation.
“This additional investment for Series F is a validation of our market leadership and a reflection of investor trust in our execution capabilities. We …

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