The Times Group: ShareChat To Raise $60 Mn Via Convertible Notes From Google, Lightspeed At $2.8 Bn Valuation

Social media platform ShareChat, which has been on a cost-cutting spree, is in advanced stages of discussion to raise around $60 Mn in a funding round from its existing investors, including Google, Lightspeed, and Temasek, sources told Inc42. The funds will be raised via convertible notes at a discounted valuation of $2.8 Bn, people aware [...]