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Mohalla Tech appoints Udit Sharma as CRO for Sharechat, Moj and Takatak

Mumbai: Mohalla Tech has appointed Udit Sharma as chief revenue officer for its social media platforms Sharechat, Moj and Takatak. He was previously associated with Disney+ Hotstar as head of ad sales for five years.Sharma announced his new role on LinkedIn, where he said, “For the last 5 years - I had the front-seat view of a platform that evolved from being just another

ShareChat Raises 255 M From Google Times Group Others Valued At 5 Bn

ShareChat in a statement said it has closed multi-tranche funding round through which it raised a total of USD 520 million, , ShareChat, google

ShareChat has closed a $520 million fundraising round with a valuation of $5 billion

The year 2021 was a phenomenal year, when ShareChat raised a total of $913 million, the most of any company that became a unicorn that year.

Times Group, Google provide funding to ShareChat

Mohalla Tech, the parent company of ShareChat and the creator of the short video platform Moj, has raised $255 million (almost Rs 2,000 crore) in capital from Google, the Times Group (publisher of this newspaper), and other investors.

ShareChat raises $255 mn from Google, Times Group, others; valuation at $5 bn

In the first part of the round, ShareChat had raised $266 million in December 2021 from Alkeon Capital, Temasek, HarbourVest, Moore Strategic Ventures, and India Quotient.

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