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Google-backed ShareChat raises $49 Mn debt
  • Google-backed ShareChat raises $49 Mn debt

    Written by: Planify

    Published: 28 March 2024

    Updated: 28 March 2024

    1 min read

    Mohalla Tech, the parent entity of the vernacular social media platform ShareChat and short video entertainment app Moj, has raised around $49 million in debt from existing investors. The company has passed a board resolution to issue 4,895 Series I debentures at an issue price of $10000 each to raise $49 million, regulatory filing with RoC shows.

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