India’s Sharechat is latest to enter unicorn club with $502m funding round

India’s Sharechat is latest to enter unicorn club with $502m funding round

Photo by Himanshu Choudhary on Unsplash

Homegrown social media apps, Sharechat and Moj, are the latest entrants to the unicorn club. Mohalla Tech, the company behind these apps, has raised $502 million in its latest funding round, led by venture firms Lightspeed Ventures and Tiger Global. American social media companies, Twitter and Snap Inc, also participated in the round.

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