Google backs India's ShareChat in $300m funding round, startup valued at $5b

Google backs India's ShareChat in $300m funding round, startup valued at $5b

Photo: Google Play

The parent company of India’s ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc’s Google, media giant Times Group and Singapore’s Temasek Holdings, valuing the social media firm at nearly $5 billion, two sources involved in the deal discussions told Reuters.

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