ShareChat raises $40M in Pre-Series E round

ShareChat said it raised $40M in Pre-Series E round. The Bengaluru-based company said the new funding round had significant investment from Dr. Pawan Munjal, DCM Shriram Promoters Family Office, SAIF Partners, Twitter, Lightspeed Ventures and India Quotient. This investment will be used to drive growth of ShareChat’s short video platform – Moj. The company will use it in product development, enhancing ML capabilities and helping creator community.

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