ShareChat valued at $2.1B in $502 million fundraise
ShareChat said on Thursday it has raised a new financing round that values it at $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…