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Reuters reports, ShareChat in talks with Sequoia, others to raise up to US$200mn

Reuters reports, ShareChat in talks with Sequoia, others to raise up to US$200mn

Reuters reported, Indian content sharing platform ShareChat is in early talks with Sequoia Capital and other investors to raise up to US$200mn. The deal could value the company at over US$1bn. ShareChat has appointed JPMorgan to advise on the fund raising which it expected to be completed before the year end. ShareChat with 140mn monthly active users, however has declined to comment on the news.

Milan
Milan
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