News > Google pumps $300 million in Indian social networking platform ShareChat
Google pumps $300 million in Indian social networking platform ShareChat
Tech Observer | 30/05/2022 10:24 PM | Click to read full article
Global technology giant ShareChat with $300 million in fresh funding. As per initial estimates, the valuation of the social media platform is pegged at nearly $5 billion. The deal is set to be announced as early as next week.
This is Google’s second key investment in India’s short video space, having previously backed Josh, which competes with ShareChat’s sister firm Moj.