Google in preliminary talks to invest in ShareChat

Google is in early talks to invest in ShareChat which is looking to raise $150-200M; preparing to secure a top spot in the gaps left behind by the banned Chinese apps. ShareChat was an active competitor for ByteDance’s Helo before it was banned by the Indian govt. Apart from Google, Microsoft has also held investment talks with ShareChat. While Google did not respond to queries, ShareChat said that it cannot comment on any “market speculation”.

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