ShareChat faces large valuation cut in new funding

TechCrunch
By Manish SinghDec 20, 2023, 12:33 am196 pts
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages of talks to invest in…

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