Google in advanced talks to buy out ShareChat for $1.03 Bn
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Tech giant Google is reportedly planning to buy out Bengaluru-based social media platform ShareChat for $1.03 Bn. In August 2020, when news was rife that Microsoft may invest in the $100 Mn a funding round, reports suggested that ShareChat was valued at $650 Mn. This speculation comes after ShareChat has recorded a 166% spike in its monthly active users base from 60 Mn during the pandemic to 160 Mn till now.