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ShareChat valued at $2.1 billion in $502 million fundraise

11 days ago   |   By TechCrunch

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 ShareChat at $2.1 billion.
The startup began engaging with investors for the new financing round about 10 months ago, and explored a f ull buy out deal with Twitter , which didn't materialize, TechCrunch reported earlier.
ShareChat, which claims to have over 160 million users, offers its social network...
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