ShareChat’s parent raises $77 Mn from Google & Temasek

After months of speculation, Mohalla Tech Private Limited, the parent company of ShareChat will be receiving $77.7 Mn or INR 607 Cr from Google and Temasek. This seems to be part of a larger fundraise that ShareChat has been looking to raise at a valuation of over $5 Bn Valuation for quite some time now. In an extraordinary general meeting, shareholders of ShareChat have agreed to allot 1,501 Series H CCPS to Temasek and Google.