Bengaluru: Mohalla Tech, the parent firm of regional language social media platform Sharechat and short video app Moj, said it has raised an additional $145 million for its Series F funding round led by Singapore’s Temasek and Moore Strategic Ventures. Mirae-Naver Asia Growth Fund also participated in the latest financing.

Post the new tranche of capital, Sharechat will be valued at $2.88 billion, the company said in a statement on Tuesday. ShareChat said the total capital raised by the company this year will help the firm double down on its strategic priorities of building best in class AI or Artificial Intelligence feed, attracting and incentivising diverse creator base and strengthening safety on its platform.

Sharechat Raises Another $145 Million From Temasek, Others At $2.88 Billion Valuation

Description

Company Information

Funding Insights

Sharechat Raises Another $145 Million From Temasek, Others At $2.88 Billion Valuation

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Funding Insights

Company Information