Announced
Completed
Financials
Sources
Tags
Minority
Friendly
Private
Completed
Private Equity
Cross Border
Single Bidder
Venture Capital
Online and Social Platforms
social media
India
Acquisition
Synopsis
Alkeon Capital, a privately owned registered investment adviser, led a $266m financing round in ShareChat, an Indian social media and social networking service, with participation from Temasek, HarbourVest and Moore Strategic Ventures. "Both our products have been leading the market... This fresh funding will further strengthen our position and help us deliver immersive social experiences," Ankush Sachdeva, ShareChat CEO.
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