Google, Snap in advanced funding talks with India's ShareChat

Google, Snap in advanced funding talks with India's ShareChat

A billboard displays the logo of Snapchat above Times Square in New York March 12, 2015. REUTERS/Lucas Jackson/File Photo

Indian content-sharing platform ShareChat is in advanced discussions to raise about $200 million in its Series E funding round from tech giant Google, SnapChat’s parent Snap Inc, and existing investors including Twitter.

Google alone is expected to pump in $100 million in the round, which is expected to value ShareChat at more than $1 billion, TechCrunch reported.

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