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ShareChat’s parent company raises $300 million

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Share Chat’s parent company has taken in a huge round of fresh funding from Google, Times Group and Temasek Holdings

This brings the Indian social media firm’s value to nearly $5 billion with the deal expected to be finalised sometime next week.

Share Chat currently boasts 180 million monthly active users.

This marks Google‘s second major investment in India’s short video space.

This all comes as the short video sector becomes increasingly popular after India banned TikTok and several other Chinese apps.

The country’s tech startups have raised $35 billion in new funds last year alone but have had difficulties this year as global markets face uncertainty.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Money

Six strategies to build a six-figure property portfolio

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Achieve your dream retirement with these key property investment approaches

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Invest0r Partner Group.

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Money

Experts reveal how to spot investment-grade properties

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Crucial tips for choosing the right property to secure long-term financial success

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Investor Partner Group.

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Money

Tricks of the trade: how to navigate market volatility with confidence

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Strategies to manage risk and seize opportunities in uncertain times

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

Continue Reading

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