ShareChat raises $49 million via convertible debentures from existing investors

ShareChat (Mohalla Tech) declared the conclusion of a $49 million funding round through convertible debentures on Monday. The round was spearheaded by current investors Lightspeed, Temasek, Alkeon Capital, Moore Strategic Ventures, and HarbourVest, along with others.The company stated that this influx of capital will support the advancement of its Ad targeting technology .

Apr 16, 2024 - 05:30
 0
ShareChat raises $49 million via convertible debentures from existing investors
ShareChat (Mohalla Tech) declared the conclusion of a $49 million funding round through convertible debentures on Monday. The round was spearheaded by current investors Lightspeed, Temasek, Alkeon Capital, Moore Strategic Ventures, and HarbourVest, along with others.The company stated that this influx of capital will support the advancement of its Ad targeting technology .

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow