ShareChat to join unicorn club with $100 Mn Microsoft infusion
Image Credit: shortpedia
Even as speculation is rife that Microsoft may buy out ByteDance’s business in the US, Canada, Australia, New Zealand and even India, the US tech giant is now reportedly close to investing $100 Mn in Indian social media platform ShareChat. Microsoft would just be one of the investors in ShareChat, and the $100 mn funding would only be one-third of what the social media startup is looking to raise in its latest round.