ShareChat faces large valuation cut in new funding

"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 the new round, the sources […] © 2023 TechCrunch. All rights reserved. For personal use only." Learn more about your ad choices. Visit podcastchoices.com/adchoices