Indian social media platform Sharechat is now valued nearly at $3 billion after raising an additional $145 million led by Temasek.
The Twitter-backed startup has concluded its $650 million Series F round, raising additional capital from Temasek, Moore Strategic Ventures and Mirae.
Earlier in April, the Bengaluru-based firm had raised $502 million in a round led by Tiger Global at a valuation of $2.1 billion. The funding for Indian content-sharing and short-video apps has gone up significantly since last year after ByteDance's TikTok was banned in the country. ShareChat has now raised over $911 million to date,
ShareChat allows users to post content in 15 Indian languages.