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ShareChat raises $49 million via convertible debentures from existing investors

IndiaTimes Monday, 15 April 2024 ()
ShareChat (Mohalla Tech) declared the conclusion of a $49 million funding round through convertible debentures on Monday. The round was spearheaded by current investors Lightspeed, Temasek, Alkeon Capital, Moore Strategic Ventures, and HarbourVest, along with others.The company stated that this influx of capital will support the advancement of its Ad targeting technology .
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